The Survey of Economic and Social Development in the ESCWA Region 2011-2012 assesses the most recent economic and social developments in the ESCWA region, using the data that became available by the 2nd quarter of 2012. It found that GDP growth performance between major oil producers and the rest of the ESCWA region appeared to diverge. While GCC countries' oil export revenues marked all-time high, the subdued intra-regional tourism, trade and foreign direct investment clearly failed to produce the positive spill-over of oil revenues over the ESCWA region. It emphasises that this growth polarisation deepens already uncertain prospects of the region's economic and social development, noting that the unemployment rate of the ESCWA region remains at the highest level world-wide. The Survey concludes that the use of "regional leverage" by articulating regional cooperation frameworks for Arab regional integration is crucial to tackle pressing issues for a constructive economic and social transition of the region.
| ISBN: | 9789211283563 |
| Publication date: | 30th March 2013 |
| Author: | United Nations |
| Publisher: | United Nations Publications |
| Format: | Paperback |
| Series: | Survey of Economic and Social Developments in the Arab Region |
| Genres: |
Development economics and emerging economies |
The Survey of Economic and Social Development in the ESCWA Region 2011-2012 assesses the most recent economic and social developments in the ESCWA region, using the data that became available by the 2nd quarter of 2012. It found that GDP growth performance between major oil producers and the rest of the ESCWA region appeared to diverge. While GCC countries' oil export revenues marked all-time high, the subdued intra-regional tourism, trade and foreign direct investment clearly failed to produce the positive spill-over of oil revenues over the ESCWA region. It emphasises that this growth polarisation deepens already uncertain prospects of the region's economic and social development, noting that the unemployment rate of the ESCWA region remains at the highest level world-wide. The Survey concludes that the use of "regional leverage" by articulating regional cooperation frameworks for Arab regional integration is crucial to tackle pressing issues for a constructive economic and social transition of the region.
Survey of Economic and Social Developments in the ESCWA Region 2011-2012 features in the following genres: Development economics and emerging economies
Survey of Economic and Social Developments in the ESCWA Region 2011-2012 is available in Paperback
Survey of Economic and Social Developments in the ESCWA Region 2011-2012 was written by United Nations and published by United Nations Publications
Yes it is part of Survey of Economic and Social Developments in the Arab Region series