Survey of Economic and Social Developments in the Arab Region 2018-2019

Format *
The Arab region experienced an economic recovery growth rate of 2.3% in 2018, up 1.7% from 2017. This recovery was largely attributed to hydrocarbon sector led growth in the region’s oil-exporting countries. While this growth momentum continues, the region remains linked to geopolitical uncertainties which are further exacerbated by a number of ongoing intraregional diplomatic rifts and armed conflict. The present challenge facing the region is its delicate fiscal situation as several Arab countries have established new energy subsidy systems, aimed at maintaining affordable energy prices against oil price fluctuation.

Details:

Agency/Department
UN/Economic and Social Commission for Western Asia
Print ISBN
9789211284096
PDF ISBN
9789210045681
Print Publication Date
PDF Publication Date
Page Count
144
Print Sales Number
20.II.L.1
Series Title
Survey of Economic and Social Developments in the Arab Region

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