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The Middle East and North Africa Cannot Miss The Fourth Industrial Revolution

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Mar 25, 2019 / 0 Comments
   

The traditional route of industrialization for developing countries may no longer be available for the Middle East and North Africa (MENA) region. This should not be a source of regret, as the aspirations of the region’s young and well-educated population extend far beyond auto assembly lines. Furthermore, the repetitive work of an assembly line will increasingly be performed by machines rather than people. The rapid pace of technological change that is propelling this process, dubbed the "Fourth Industrial Revolution," offers new opportunities for developing countries. Opportunities the MENA region cannot afford to miss. 

 

Continue reading this article on the World Bank's website

Ferid Belhaj

Ferid Belhaj took up the position of World Bank Group Vice President for Middle East and North Africa on July 1, 2018. Prior to this, Mr. Belhaj served 15 months as the Chief of Staff of the President of the World Bank Group.

 

From 2012 to 2017, Mr. Belhaj was World Bank Director for the Middle East, in charge of World Bank work programs in Lebanon, Syria, Jordan, Iraq and Iran, based in Beirut, Lebanon. In this capacity, he led the Bank engagement on the Syrian refugee crisis and its impact on the region, including the creation of new financing instruments to help countries hosting forcibly displaced people; the ramping up of the Bank drive towards the reconstruction and recovery of Iraq during and after the ISIS invasion and the scaling up of the Bank's commitments to Lebanon and Jordan. 
 

Before taking up his Mashreq assignment, Mr. Belhaj served as World Bank Director for the Pacific Department (2009-2012), where he developed a regional strategy that scaled up Bank engagement in small and fragile states, and tripled lending operations of the International Development Agency, one of the five institutions under the umbrella of the World Bank Group that provides interest-free loans and grants for Low-Income Countries. 
 

From 2007 to 2010, Mr. Belhaj was the World Bank’s Special Representative to the United Nations in New York, where he engaged with various UN agencies on a range of programs, mainly climate change, the Millennium Development Goals, fragile and post-conflict states and the global financial and food crises. 
 

Ferid Belhaj served as World Bank Country Manager for Morocco (2002-2007), where he developed a new and multifaceted dialogue with one of the best performing Middle-Income countries. 
 

A Tunisian national, Mr. Belhaj joined the Bank in 1996 as Senior Counsel in the Legal Department, managing a number of legal and judicial reform projects. He also served as Bank Counsel for countries, including Egypt, Morocco, Iran, Algeria and Thailand. 

Rabah Arezki

Rabah Arezki is the Chief Economist for Middle East and North Africa Region (MNA) at the World Bank. Previously, Rabah Arezki was the Chief of the Commodities Unit in the Research Department at the International Monetary Fund. He also was a senior fellow at Harvard University’s John F. Kennedy School of Government, a non-resident fellow at the Brookings Institution, an external research associate at the University of Oxford, a resource person for the African Economic Research Consortium and a research fellow at the Economic Research Forum.

 

A dual citizen of Algeria and France, Mr. Arezki received his M.S. from the Ecole Nationale de la Statistique et de l’Administration Economique in Paris, M.A. from the University of Paris-1 Pantheon-Sorbonne and Ph.D. in economics from the European University Institute, Florence.

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