Any work to improve development in Yemen cannot continue in light of the collapse or failure of the state.
According to the findings of an ESCWA assessment of Yemen's development position, Yemen ranks second out of 159 nations in terms of development problems and inequality, and 125th out of 131 countries in terms of economic flexibility.
According to the study, changes throughout time reveal concerning patterns, which are primarily the result of conflicts. The economy's ability to endure future shocks is the most critical issue. As a result, the study indicates that Yemen's low performance in its many components necessitates a comprehensive action plan that targets multiple and interdependent areas of development, with peacebuilding as the beginning point. Furthermore, plans for construction and restoration necessitate administrative and institutional reforms, as any effort to promote development cannot continue in the face of state collapse or failure.
The study emphasizes that governance is a means of ensuring improved outcomes on a variety of fronts, including health, education, and equitable resource distribution.
Internal issues such as weak governance, over-reliance on raw material exports, low education standards, weak social and administrative infrastructure, weak human and financial capabilities, low investment, and low productivity are among the underlying structural issues contributing to Yemen's weakness.
Yemen remains vulnerable to several crises, including armed war, natural disasters, and health catastrophes. The Yemeni economy's lack of resilience turns short-term shocks into long-term crises, resulting in chronic poverty, displacement, and loss of livelihoods. This has harmed social capital and productive economic activity, triggering a de-development process that has harmed the country's current and future development potential.
The study underlines the necessity of putting rational economic policies first in order to stimulate economic activity and create a robust economy, on the one hand, and providing the necessary resources for institutions to properly offer their services and assure people's well-being on the other.
All of these policies should take into account the provision of adequate job possibilities, which serve as an important link between macroeconomic development and household development and well-being. Furthermore, given the rising role of new technology, it is critical that these regulations take knowledge and innovation into account. Finally, regional and international assistance is required during the peacebuilding and recovery periods.
Σχόλια