Arab Economic Review Issue 58

  • 1 April - 30 June 2023

The Fifty-Eighth Edition of the Arab Economic Bulletin includes five pivotal studies in Arabic and a sixth study in English.

It addresses issues central to Arab development in light of the historical transformations that the Arab region is going through and the challenges it faces to pave the way to reform and enhance economic efficiency. This allows the Arab economy to join the ranks of developing countries that have created for themselves an influential position in the global economy.

The issue tops the results of the Union of Arab Chambers questionnaire on "Obstacles to Inter-Arab Trade in Light of Digital Transformation, Sustainable Development Needs and Global Developments: The Annual Report of the Union of Arab Chambers No. 30, 2023". The report and the results of the questionnaire include global reflections, data of the companies participating in the survey: sectors and means of commercial transport, customs, and non-tariff restrictions, especially with regard to customs restrictions and treatment proposals, technical restrictions and means of processing, administrative and financial constraints and possible solutions, and gaps in government facilities. The report addresses the subject of e-commerce and the obstacles faced by the Arab region, and the evaluation of commercial activity in terms of social responsibility and sustainability, and in conclusion conclusions, proposals, and recommendations are presented.

The second study deals with "Arab food security developments in light of global developments towards resilient and sustainable food systems". The study addresses "the background and importance of Arab food security", "the global implications of Arab food security", "the repercussions of food security in the Arab world and the challenges of sustainability", and "strategies for sustainable solutions", and in conclusion, the study provides "recommendations for a sustainable food security system".

The third study is entitled: "Artificial Intelligence... Technology between serving humanity and its dangers to society and humanity?!" The study monitors within its six chapters "the disadvantages and risks of artificial intelligence", in addition to the positives of "artificial intelligence" and "the impact of artificial intelligence on jobs", especially within the framework of achieving the sustainable development goals and providing progress, development, and prosperity for humanity.

The fourth study is entitled: "Climate Change and Environmental Impacts on Arab Societies", and focuses on the challenges facing the world, especially our Arab region, in light of the Corona pandemic and the Russian-Ukrainian war. This exposed global supply chains to severe pressure, which led to a state of escalating global inflation at an unprecedented pace and the arrival of global commodity prices to their highest levels in a decade, accompanied by an increasing rate of global public debt, not to mention the high levels of demand in the energy market. This led to a state of global inflation escalating at an unprecedented pace and the arrival of global commodity prices to their highest levels in a decade, accompanied by the increasing rate of global public debt. Not to mention the high levels of demand in the energy market, which has affected people's lives and livelihoods locally and internationally, putting the most vulnerable segments of society at risk of reduced food and energy security.

The fifth study is entitled: The updated Arab Strategy for Technical and Vocational Education and Training 2023, issued by the Arab Labor Organization, within the framework of the continuous endeavor to provide advanced mechanisms for consultation between technical and vocational training and education institutions and the three production parties (governments, employers, workers). To build educational and training strategies that support the transformation towards digitization and benefit from the tremendous knowledge development to improve the training and education system to meet the changes and challenges created in the labor markets.

The sixth study, China-Arab Economic & Trade Cooperation in the New 2023 Landscape, focuses on Arab-Chinese relations and mechanisms for their development in the context of the "Belt and Silk Road" project launched by Chinese President Xi Jiping in 2013.

 We hope that this issue, its contents, and the messages it concludes will receive the attention it deserves.

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