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Global Forecasts and Predictions for the ESCWA Region: Debt Investment and Endogenous Economic Growth in the ESCWA Region, Issue No. 3

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The gradual deterioration of national economies in the ESCWA region since the 1970s can be largely attributed to weak growth in development and prospects. This study defines the factors that have hindered growth, and identifies ways to enhance economic development in each of the ESCWA member countries. The study also analyses the impact of capital accumulation, and public and private investment on those economies; and presents fiscal policy sustainability forecasts.