Under the Theme of
"
Local Development as a Pathway for Economic Recovery
"
, the Faculty of Administrative Sciences, Taiz University, organizes the 1st Economic Conference on Economic Situation and Recovery Opportunities (ESRO) October 15 – 17, 2024
:ABOUT THE CONFERENCE
Yemen has been experiencing deterioration across various aspects of development, a weakening of its developmental capacities, a shortage of local financial resources, and a significant imbalance in its economic structure, particularly following the onset of war in 2015. This imbalance has been exacerbated by declining investment rates, the outflow of both local and foreign capital, resulting in a stagnation of the development process, increased dependence on imports, expansion of structural disparities, governance weaknesses, and intricate challenges in rebuilding institutions, infrastructure, and establishing the groundwork for economic recovery. Consequently, there is a need for economic discussions and dialogues led by experts and those interested in proposing potential solutions that address current issues or, at the very least, mitigate them, while outlining a vision for a more prosperous future for the Yemeni economy. This should involve enhancing the roles of both the private and public sectors based on sound principles that take into account past experiences, current challenges, and future opportunities. In light of the above, the Deanship of the Faculty of Administrative Sciences recognized the necessity of hosting a scientific conference that aims at diagnosing the economy through a comprehensive study of existing issues and proposing suitable solutions, with a specific emphasis on local development as a pathway to economic recovery. The conference serves as an invitation to gather the insights, perspectives, and experiences of researchers, academics, and interested individuals from both within and outside Yemen, and to explore how these inputs can be utilized to achieve the conference's objectives. The organization of this conference signifies an advancement in the role of Taiz University within society, with the anticipated outcomes of the conference serving as a valuable contribution to scientific research endeavors and the community service commitments upheld by the Faculty of Administrative Sciences in alignment with its mission and vision 
:GOALS OF THE CONFERENCE
-
1. To assess the current state of the Yemeni economy.
2. To evaluate the effectiveness of economic policies in Yemen.
3. To highlight the importance of local development in sustainable growth.
4. To recognize the pivotal role of the private sector in fostering economic diversification and sustainability.
5. To analyze the impact of the dynamic relationship between the Yemeni banking sector and overall economic stability.
6. To examine the influence of social and environmental factors on promoting sustainable development, drawing on empirical evidence from various countries.
7. To establish a vision for the future of the Yemeni economy and outline its key characteristics.
8. To facilitate scholarly and research exchanges and collaboration among economists and researchers from both within and outside Yemen to address current economic challenges in the country.
9. To contribute to the realization of the vision and mission of Taiz University and the Faculty of Administrative Sciences by promoting excellence and leadership in scientific research and knowledge generation.