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Survey of Economic and Social Developments in the Arab Region 2018-2019 by United Nations Economic and Social Commission for Western Asia 9789211284096

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9789211284096
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Description

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.

Book Information
ISBN 9789211284096
Author United Nations Economic and Social Commission for Western Asia
Format Paperback
Page Count 144
Imprint United Nations
Publisher United Nations
Weight(grams) 215g

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