The Impacts of the International Financial and Economic Crisis on ESCWA Member Countries: Challenges and Opportunities - ESCWA

Resources

The Impacts of the International Financial and Economic Crisis on ESCWA Member Countries: Challenges and Opportunities cover

ESCWA Publication: E/ESCWA/EDGD/2009/Technical Paper.3


Publication Type: Reports & studies

Cluster: Shared Economic Prosperity, Shared Economic Prosperity, Shared Economic Prosperity

Focus Area: Financing for development, Macroeconomics

Keywords: Arab countries, Economic crisis, Financial crisis

The Impacts of the International Financial and Economic Crisis on ESCWA Member Countries: Challenges and Opportunities

January 2009
The unfolding international financial and economic crisis is undoubtedly a foundational historical event. The crisis has reverberated throughout the member countries of the Economic and Social Commission for Western Asia (ESCWA) in the form of a sharp decline in stock markets activity. Almost all financial, economic and social sectors have been adversely affected by the crisis.

Nevertheless, the current crisis should serve as an occasion for bold and decisive policies by ESCWA member countries.
arrow-up icon
Feedback