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Sustainable development of the economies of the arab states

Bibliographic Data

ID7515662
AuthorsAdilya R Byasharova (0000-0003-3068-7109, Plekhanov Russian University of Economics, corresponding author)
Year2026
Issue1
Pages94
Publication date2026-01-01
Open AccessNo
TypeARTICLE
VenueVostok Afro-Aziatskie obshchestva istoriia i sovremennost (JOURNAL)
Journal identifiersISSN: 0869-1908 • E-ISSN: 2713-0401
PublisherInstitute of Oriental Studies Russian Academy of Sciences (PUBLISHER)
DOI10.31696/s086919080037422-1
OpenAlexW7133754127
LanguageEN

Regional and international cooperation plays a critical role in ensuring sustainable development of the Arab countries. The League of Arab States and Gulf Cooperation Council serve as platforms for implementing joint projects aimed at modernizing economies and achieving UN Sustainable Development Goals (SDGs). Initiatives to monitor SDG progress and implement large-scale environmental projects, such as the Saudi Green Initiative that envisions planting 50 billion trees to combat desertification, are being actively promoted. Collaboration with international organizations, including the World Bank, IMF, and UN agencies, provides substantial support to the region's less developed countries, helping them adapt to climate change and enhance resilience to external shocks. From an economic perspective, such multilateral frameworks facilitate knowledge spillovers, technology transfer, and economies of scale that individual nations cannot achieve independently, thereby reducing transaction costs and enhancing allocative efficiency across the region. Despite challenges such as geopolitical instability, limited financing access, and structural problems, several Arab countries demonstrate significant progress in implementing sustainable development principles. The UAE holds a leading position in ESG investments, promoting responsible business development. Jordan and Morocco are implementing innovative solutions across economic sectors, striving for sustainable growth. These examples confirm that successful sustainable development implementation is closely linked to economic diversification, effective natural resource management, social inclusion, and climate adaptation. These areas will remain priorities for the Arab countries until 2030 within the UN SDG framework, enabling construction of a more sustainable future for the entire region. Strengthening regional cooperation, attracting green technology investment, and developing human capital will be key success factors in this endeavor

Allocative efficiency · Developing country · Geopolitics · Green Economy · Natural resource · Position (finance · Resilience (materials science · Sustainability · Sustainable development · Gender, Education, and Development Issues · International Human Rights and Reproductive Law · Socioeconomic Development in MENA

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