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Global Forecasts and Predictions for the ESCWA Region (eBook)

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  • 50 Pages

Since the early 1980s, the growth performance of the ESCWA region has been disappointing. In endeavouring to reverse the trend it is essential to identify what factors, if any, can contribute to a more positive growth experience. The present study offers a quantitative examination of the sources of economic growth in the ESCWA region. It also outlines recommended economic policies for member countries, linked to forecasts of optimal public expenditures concomitant with optimal rates of GDP growth.

Since the early 1980s, the growth performance of the ESCWA region has been disappointing. In endeavouring to reverse the trend it is essential to identify what factors, if any, can contribute to a more positive growth experience. The present study offers a quantitative examination of the sources of economic growth in the ESCWA region. It also outlines recommended economic policies for member countries, linked to forecasts of optimal public expenditures concomitant with optimal rates of GDP growth.



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