The Arab Monetary Fund has released a new study focusing on economic productivity in Arab countries, examining its role in supporting economic growth over the past two decades.
The study highlights that Arab countries possess promising fundamentals for improving productivity, particularly in terms of capital accumulation and labor availability. The findings indicate that certain policies such as adherence to disciplined monetary policies and improvements in human development indicators have had a positive impact on productivity, opening the way for more sustainable growth.
On the other hand, the study points out that rising government expenditure and public debt pose challenges to productivity enhancement, underscoring the need to develop effective fiscal frameworks that ensure more efficient use of resources.
The study concludes by emphasizing the importance of adopting economic policies that focus on macroeconomic stability and improving the efficiency of public spending as a fundamental step toward boosting productivity and enhancing the competitiveness of Arab economies.
The full version of the study is available on the Fund’s website at the following link:
https://www.amf.org.ae/ar/publications/aldrasat-alaqtsadyt/alantajyt-alaqtsadyt-fy-aldwl-alrbyt-alwd-walthdyat