United Nations: Economic and Social Commission for Western Asia
Survey of economic and social developments in the Arab region 2019-2020: realities and prospects in the Arab region
Survey of economic and social developments in the Arab region 2019-2020: realities and prospects in the Arab region
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The Arab Economic and Social Review analyzes economic and social variables in the Arab region in a global context, addressing debt sustainability and the macroeconomic implications of the COVID-19 pandemic. It projects a baseline scenario of economic rebound in the first quarter of 2021 and a pessimistic scenario of crisis persistence.
Format: Paperback / softback
Length: 123 pages
Publication date: 30 August 2021
Publisher: United Nations
This annual flagship publication aims to comprehensively analyze routinely monitored economic and social variables within the Arab region within a global context, while also addressing the critical issue of debt sustainability and its macroeconomic implications. Given the profound impact of the COVID-19 pandemic, which is expected to persist in 2021 and beyond, it is of utmost importance to gain insights into how Arab countries are navigating the economic challenges posed by this unprecedented crisis. The report presents two scenarios: a baseline scenario projecting a rebound in the economy during the first quarter of 2021, and a pessimistic scenario in which the crisis will persist throughout that quarter. However, considering significant advancements in research on COVID-19 vaccines, it is reasonable to anticipate an economic rebound, which should materialize no later than the second quarter of 2021.
The report delves into various aspects of the economic impact of the pandemic, including its effects on employment, trade, and public finances. It highlights the challenges faced by Arab countries in mitigating the economic fallout and implementing recovery measures. The report also examines the role of government policies, international cooperation, and private sector initiatives in shaping the economic recovery process.
In conclusion, the Arab Economic Outlook 2021 serves as a valuable resource for policymakers, researchers, and stakeholders interested in understanding the economic dynamics and challenges facing the Arab region. By providing comprehensive analysis and insightful scenarios, the report contributes to shaping policies and strategies that will support the region's recovery and promote sustainable development.
Dimension: 270 (mm)
ISBN-13: 9789211284140
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