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The business environment in Developed Asia (Japan, South Korea, and Singapore) continues to be uncertain despite coordinated policy efforts and government stimuli to foster economic revival. The next few months are going to crucial for the region, as countries try to overcome the pandemic. This macroeconomic outlook for Developed Asia until 2026 w...

Infrastructure that equips a city with clean water supply, a sustainable waste disposal mechanism, and renewable energy is called environmental infrastructure. It is evolving into a basic necessity for any city around the world. Just as drinking water needs to be treated to prevent water-borne diseases, an efficient waste disposal and waste treatme...

Tamil Nadu is one of the leading states when it comes to the tourism industry in India; the state has been promoting tourism under the ‘Enchanting Tourism’ program. The state has almost a one-fifth share in both domestic and foreign tourist arrivals and its tourism industry is a major contributor to the GDP. The tourism industry in Tamil Nadu is ma...

The GCC has entered a period of strategic economic transformation as governments accelerate diversification efforts, strengthen economic resilience, and reduce dependence on hydrocarbon revenue amid heightened geopolitical uncertainty and evolving global trade dynamics. While the implications of the US-Iran conflict and periodic closures of the Str...

27 Oct 2021  |  South Asia, Middle East & North Africa  |  Frost Radar

Frost Radar™ for Economic Development: Middle East, 2021

United Arab Emirates, Saudi Arabia, and Qatar Emerge as the Leaders in the Middle East

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Key Issues Addressed

The Frost Radar™ for Economic Development determines a region's future growth and development potential by the region’s ability to enhance its citizens’ quality of life. This report explores the Middle East’s key strengths and weaknesses through country-level assessments of growth and innovation initiatives, benchmarking each country on these two i...

India is on the cusp of a historic economic transformation. It is projected to become the world’s third-largest economy by 2030, with a nominal GDP of $11.46 trillion by 2040. This growth trajectory is underpinned by structural shifts across pillars, including rapid digitalization, green transition, manufacturing scale-up, urbanization, and demogra...

The Sri Lankan government’s commitment to the healthcare and education sectors is commendable. However, the demographic and epidemiological transformation is urging for reforming the primary healthcare delivery model of the country. Non-communicable diseases are on the rise and account for 85% of deaths in the country. The quality of healthcare ser...

The macroeconomic outlook for the Middle East is expected to remain modest in 2020, with the expected strengthening of non-oil sectors and increased infrastructure spending in the region. The oil-dependent economies are prioritizing non-oil sectors for economic diversification. Unemployment across the region is expected to fall and remain stable du...

With an average real GDP growth of 6.4% between FY2026 and FY2030, India is on track to become the world’s third-largest economy by the end of this decade. This growth trajectory will be fueled by robust domestic consumption, a rising working-age population, digital transformation across key sectors, strong capital expenditure, and policy-driven ma...