In 2013, West Asia and Africa exhibit significant differentiation in economic growth rate and inflation rate, while they share several common challenges such as the rising unemployment rate, the fragile fiscal balance, and the worsening current account balance． Among regional major powers, Saudi Arabia grows relatively well, though it is somewhat bothered by the imbalanced development between the oil sector and non-oil sectors; Egypt is trapped in political turmoil and experiences a low growth; South Africa is one of the most slowly growing economies in Africa, as it fails to create a business-friendly environment through effective reforms． In the future, the economic development of West Asia and Africa depends heavily on the regional security situation, the world economy trends, and the prices of commodity goods． <<