كفاءة التدابير الطارئة المتخذة للتخفيف من آثار فيروس كورونا المستجد على اقتصاديات الدول العربية

Abstract EN

This article aims to discuss the effects of the novel Coronavirus on the economies of Arab countries, while focusing on the efficiency of the measures that have been adopted so far to contain the economic effects of the pandemic.

Due to the new and specific nature of this crisis, the article depended on a comparison between the measures that can be adopted to handle this crisis and the measures usually adopted to face different economic crises, while taking into account the differences between this crisis and others in terms of causes, scope, depth, and length of time.

The article discussed policies and measures adopted so far to lessen the negative impact of this virus on Arab economies, and the channels through which this virus has affected the different economic sectors.

It also evaluated the efficiency of such policies and measures.

The article looked into the policies and measures expected to be pursued by Arab countries after the end of this virus in the medium and long term to boost Arab economies and deal with the social impacts caused by the crisis.

The article looked at the specific nature of this crisis and the rising level of uncertainty surrounding it.

It also compared between the Corona shock and the previous shocks that affected the world economy in general and Arab economies in specific.

The study concluded that Arab countries have adoptedsound policies and measures so far, yet it is impossible to evaluate the efficiency and sufficiency of such measures in light of the ongoing and deepening effects of the virus.

The article recommended that it is necessary to consider the deficient aspects of the policies that have been followed and necessary not to link governmental support provided to economic enterprises with not laying off workers.

The recommendations also include the necessity of paying attention to macroeconomic balances due to an expected lack of financial resources.

The article also recommended that Arab governments should give more priority to health security due to the inefficiency of the existing systems, as well as monitoring the geopolitical changes expected to happen in the world and dealing with them from an economic and trade point of view.