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Growth, Investment, and Savings in the Arab Economies

Sustaining a high rate of economic growth is the major policy issue facing the Arab economies. A detailed analysis of growth, investment, and savings for the period 1971-96, including through a growth accounting exercise, shows that increasing long-run growth requires improvements in both investment...

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Bibliographic Details
Main Author: Bisat, Amer
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:IMF Working Papers
Subjects:
General Aggregative Models: General
Wealth
Investment
Labour; Income Economics
Economic Development
Saving
Growth Accounting
Capital And Total Factor Productivity
Cost
Industrial Productivity
Production
Intangible Capital
Domestic Savings
Total Factor Productivity
National Accounts
National Income
Labor
Saving And Investment
Accounting
Labor Economics: General
Economic Growth
Macroeconomics
Macroeconomics: Consumption
Capacity
Economic History: Macroeconomics
Capital
Growth And Fluctuations: Asia Including Middle East
Production And Operations Management
Labor Economics
Saudi Arabia
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Sustaining a high rate of economic growth is the major policy issue facing the Arab economies. A detailed analysis of growth, investment, and savings for the period 1971-96, including through a growth accounting exercise, shows that increasing long-run growth requires improvements in both investment and domestic savings. In the past, the Arab region’s growth was overly reliant on volatile external sources of funding, and total factor productivity growth was too low. The paper discusses the policy priorities to overcome the legacy of poor growth
Physical Description:36 pages
ISBN:9781451850710

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