1 “...This paper documents the existence of a "middle-income trap" for the Middle East and North Africa...”

2 “... of the Middle East and North Africa. The paper first documents the existing financial system in the region...”

3

4 “... in the Middle East and North Africa (MENA). The region is expected to grow at a subdued rate of 0.6 percent...”

5

6 “...Countries in the Middle E ......”

7

8 “...World Bank economists expect GDP growth in the Middle East and North Africa (MENA) to continueat a...”

9 “... in the Middle East and North Africa (MENA). The region is expected to grow at a subdued rate of 0.6 percent...”

10 “...This paper takes stock of the economic performance of resource rich countries in the Middle East...”

11 “... in the Middle East and North Africa (MENA). The region is expected to grow at a subdued rate of 0.6 percent...”

12

13 “... in commodity-exporting countries, particularly natural resource rich countries. Perspectives from the Middle...”