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Survey of Economic and Social Developments in the ESCWA Region 2007-2008

image of Survey of Economic and Social Developments in the ESCWA Region 2007-2008
This year’s Survey builds on the right to development themes adopted in previous issues and focuses on two significant concerns that have long constrained the right to development in the United Nations Economic and Social Commission for Western Asia (ESCWA) region: capital flight and unemployment. The publication illustrates recent economic trends and developments in the ESCWA region, capital flows to the region, discusses rights-based employment creation, and gives synopsis of integrated social policies. It concludes with a rights-based macroeconomic policy for the ESCWA region.

English

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Preface

Boosted by rising oil prices, the ESCWA region continues to record high rates of economic growth for the sixth consecutive year. It also continues to record the highest rate of unemployment globally and an even higher rate of capital export. In a region that is vastly undercapitalized, the retention of capital and labour is vital for the development process. It is for this reason that the current issue of the Survey of Economic and Social Developments in the ESCWA Region builds on the two previous issues in addressing these pervasive topics in line with rights-based, pro-poor and employment-intensive economic strategies.

English

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