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Survey of Economic and Social Developments 2019-2020

Realities and Prospects in the Arab Region

  • Author: UN, ESCWA
  • Publication date: June 2021
  • Page count: 124
  • Language(s) in this book: English
  • Sales number: 21.II.L.3

Available Formats

ISBN: 9789211284140
ISBN: 9789210056724

About the product

This annual flagship publication seeks to both analyze routinely monitored economic and social variables in the Arab region in a global context as well as address debt sustainability and the macroeconomic implications. Given that the COVID-19 pandemic will have significant repercussions in 2021 and beyond, it is crucial to understand how Arab countries are dealing with the economic impact of the virus. The report sets out two scenarios: a baseline scenario projecting that the economy will rebound in the first quarter of 2021; and a pessimistic scenario in which the crisis will persist throughout the first quarter of 2021. However, given considerable advancements in research on COVID-19 vaccines, an economic rebound should be expected no later than the second quarter of 2021.