Arab Monetary Fund issues a study titled “The Productivity and Growth Assessment Framework (PGAF)”

The Arab Monetary Fund has released a new technical study titled "The Productivity and Growth Assessment Framework (PGAF)", which provides a comprehensive analysis of the sources of economic growth, with a particular focus on the role of total factor productivity and production inputs in supporting long-term growth.

The study reviews the evolution of the contributions of productivity, capital, and labor to economic growth, based on an analytical framework that compares the performance of Arab countries with regional and international peers. This approach contributes to a deeper understanding of macroeconomic characteristics and dynamics.

The study's findings highlight the importance of enhancing resource-use efficiency and improving structural factors that support productivity, thereby fostering more sustainable and resilient economic growth.

The study concludes that adopting balanced, data-driven economic policies is a key element in supporting productivity and strengthening growth pathways in Arab economies.

The full version of the study is available on the following link:https://www.amf.org.ae/en/publications/economic-studies/productivity-and-growth-assessment-framework-pgaf-technical-note