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Yemen Arab Republic - Economic memorandum (Inglês)

Fueled by high workers' remittances and growing amounts of foreign assistance the economy of the Yemen Arab Republic (YAR) continues to expand at a vigorous pace. Private sector activity has been particularly strong, and the public sector has provided urgently required infrastructure, institutional support, and public services. Development has spread through the rural areas as well as urban. This memorandum reviews recent economic developments in YAR. It also analyzes some of the constraining factors which have become more pronounced as the economy expanded and which will have to be eased to maintain the momentum of development. Constraints include: (i) a severe shortage of skilled labor; (ii) limited capacity of the public administration which faces staff shortages and a fast growing work load; (iii) limited water resources and unfavorable topographic conditions; and (iv) high inflation rates, a narrow tax base, and emerging balance of payments deficits. To maintain the momentum of growth and development, the government will have to take measures to ease these constraints.


  • Data do documento


  • TIpo de documento

    Relatório Econômico ou Setorial Pré-2003

  • No. do relatório


  • Nº do volume


  • Total Volume(s)


  • País

    Iêmen, República do

  • Região

    Oriente Médio e Norte da África,

  • Data de divulgação


  • Disclosure Status


  • Nome do documento

    Yemen Arab Republic - Economic memorandum

  • Palavras-chave

    net factor income;remittance;access to safe water;balance of payment;rural area;Agriculture;foreign exchange;agriculture and industry;population per hospital bed;Agriculture, Fishing and Forestry;average rate of inflation;interest rates on loan;high rates of inflation;large civil works contracts;external public debt;rate of growth;consumer price index;capital expenditure;Housing;high growth rate;errors and omission;trunk road network;rural access road;per capita gnp;private sector activity;Access to Electricity;population per physician;foreign assistance;local water supply;public investment program;interest rate policy;private investment financing;water supply system;central government use;data on income;employment in agriculture;debt service payment;financing of investment;fixed capital formation;alternative employment opportunity;adult literacy rate;gnp per capita;average exchange rate;debt service burden;number of cars;average life span;debt service ratio;net indirect tax;higher interest rate;current account deficit;result of change;oil exporting countries;cost of labor;international interest rate;increase in prices;domestic credit operation;public health indicator;domestic price level;composition of import;high infant mortality;high death rate;public health service;impact of inflation;receipts from remittance;public sector investment;vegetable and fruit;current account balance;share of capital;interest rate differential;local teacher training;general secondary school;impact of remittance;net foreign asset;external private debt;adult literacy program;number of teachers;Water and Land;quality and quantity;growth and development;standard of living;private investment fund;foreign private capital;survey of consumer;crude death rate;crude birth rate;labor shortage;absorptive capacity;government budget;consumer demand;national account;agricultural production;modern sector;government revenue;monetary expansion;central planning;lending rate;specialized bank;financial resource;money supply;manpower planning;budgetary situation;public finance;technical school;bank lending;domestic labor;domestic bank;Public Services;household expenditure;exchange earnings;port capacity;severe shortage;skilled labor;modern health;export industry;physical infrastructure;tax base;port facility;commodity sector;local initiative;medical assistant;principal factor;modern crop;fuel price;Labor Market;labor demand;term deposits;liquid fund;gdp deflator;commercial bank;government expenditure;multilateral donor;domestic trade;foreign reserve;government service;capital good;cash crop;traditional economy;private enterprise;voluntary contribution;local investor;agricultural income;liquidity squeeze;local market;agricultural statistic;international market;Agricultural Statistics;exchange restriction;capital transfer;capital flow;production indicators;labor productivity;productivity level;return migrant;commodity export;real output;budget support;limited capacity;loan disbursement;concessional loan;productive use;migration pattern;consumer goods;unit price;fuel requirement;prices increase;import value;investment boom;building material;living standard;industrial census;fuel import;Natural Resources;international rate;poultry farm;local bank;worker's remittances;local contribution;bilateral agency;watershed protection;soft drink;construction standard;auditing procedure;economic sector;external account;net export;statistical data;agricultural output;international inflation;supply constraint;price rise;quasi money;Industrial Estate;government deposit;private entrepreneur;industrial bank;net emigration;human consumption;cement plant;recipient countries;principal source;construction sector;residential construction;land acquisition;administrative procedure;parking apron;international traffic;Agricultural Investment;housing sector;budget resource;local development;governing body;budgetary saving;construction technique;industrial activity;social change;investment income



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