Conclusion: A rights-based macroeconomic policy for the ESCWA region
- Author: United Nations
- Main Title: Survey of Economic and Social Developments in the ESCWA Region 2007-2008 , pp 78-89
- Publication Date: June 2008
- DOI: https://doi.org/10.18356/d21f2175-en
- Language: English
The oil boom offers an opportunity for ESCWA countries to shift their economic policies away from a conventional agenda and orientate them towards a new rights-based compact. Such a compact would offer these countries the opportunity to direct the resources made available through the oil price boom towards a sustainable alternative economic growth model that is simultaneously broad-based, democratic, employment-intensive and distributionally progressive. This concluding chapter examines five macroeconomic aspects of rights-based development strategies, namely: investment and growth; fiscal policy and public investment issues; monetary and financial policy; balance of payments policy; and regional integration. These are preceded by a review of rights-based policy issues in the context of a resource-fuelled boom.
© United Nations
ISBN (PDF):
9789210557924
Book DOI:
https://doi.org/10.18356/e6de0fe4-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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