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The New Economic Context for the Arab World
Report

The New Economic Context for the Arab World

Attilio Di Battista and Malik Faraoun
World Economic Forum, 2017
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Editorial Rating

8

Qualities

  • Innovative
  • Eye Opening
  • Overview

Recommendation

Global socioeconomic, geopolitical, technological and environmental issues are buffeting the Arab world, which also grapples with challenges unique to the region. This astute briefing from researchers Attilio Di Battista and Malik Faraoun offers some valuable food for thought as it focuses on an area of the world with increasing strategic and economic importance. getAbstract recommends this timely and relevant report to policy experts and executives.

Take-Aways

  • The Arab countries differ from one another in terms of their environments, economies, cultures and political systems, so their responses to global issues such as income inequality, technological disruption and climate change vary.
  • Four critical issues confront Arab policy makers: They must diversify their economies to become less vulnerable to commodity price shocks, and they should strengthen the private sector to reduce the role of government in financial markets.
  • Because “one-third of the population is below the age of 15,” improving youth employment is crucial to socioeconomic stability.

About the Authors

Attilio Di Battista and Malik Faraoun are an economist and a fellow, respectively, at the World Economic Forum.

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