Download or read book Regional Economic Outlook September 2006 Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2006-12-13 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents the economic outlook for the Middle East and Central Asia for 2006–07. Economic performance in the Middle East and Central Asia region remains strong, despite security problems in some countries and recent asset price reversals. Growth in the region continues to outpace global growth and should average 6–7 percent in 2006 and 2007—similar to the rates of the past three years. Strong external inflows resulting from high oil and non-oil commodity prices, foreign investments, and remittances are fueling credit growth, and inflation continues to edge up.
Download or read book Regional Economic Outlook Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2022-10-31 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a worsening global environment, economies in the Middle East and Central Asia are being buffeted by a confluence of shocks: a global slowdown, high and volatile food and energy prices, faster and stronger than expected tightening of financial conditions, and the risk of fragmentation. The region’s emerging market and middle-income economies (EM&MIs) and low-income countries (LICs) are hit hard, with many facing curtailed access to market financing, while oil-exporting countries are being buffered by still-high energy prices. The adverse impact of Russia’s war in Ukraine on the Caucasus and Central Asia (CCA) has thus far been milder than expected. Still, the CCA’s strong ties to Russia entail substantial risks to the region’s outlook. The most urgent policy challenge for all countries is to tackle the cost-of-living crisis by restoring price stability, protecting vulnerable groups through targeted support, and ensuring food security. Policy trade-offs in EM&MIs and LICs have become more pronounced than ever, as they also need to preserve debt sustainability and financial stability. Oil exporters have the opportunity to maximize the benefits of the oil windfall by building buffers and advancing their diversification plans. CCA countries should carefully assess the magnitude and durability of the initial spillovers from the war in Ukraine and adjust their policy mix accordingly. Limited policy space in many countries raises the urgency of structural reforms to bolster economic growth while transforming economies to become more resilient, sustainable, diversified, and inclusive.
Download or read book Regional Economic Outlook May 2006 written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2006-05-01 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report gives the IMF's view of the outlook for Asia, identifies the main risks to growth, and considers the key factors that will influence capital inflows. The REO also hones in on the policy challenges facing the region, especially the need to spur domestic demand, so that growth becomes more balanced and sustainable—and helps reduce the large global current account imbalances.
Download or read book Regional Economic Outlook October 2014 Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2014-10-27 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: This issue discusses economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP), which continue to reflect the diversity of conditions prevailing across the region. Most high-income oil exporters, primarily in the GCC, continue to record steady growth and solid economic and financial fundamentals, albeit with medium-term challenges that need to be addressed. In contrast, other countries—Iraq, Libya, and Syria—are mired in conflicts with not only humanitarian but also economic consequences. And yet other countries, mostly oil importers, are making continued but uneven progress in advancing their economic agendas, often in tandem with political transitions and amidst difficult social conditions. In most of these countries, without extensive economic and structural reforms, economic prospects for the medium term remain insufficient to reduce high unemployment and improve living standards.
Download or read book Regional Economic Outlook November 2012 Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2012-11-09 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: The outlook for the Middle East and North Africa region is mixed. Oil-importing countries are witnessing tepid growth, and the moderate recovery expected in 2013 is subject to heightened downside risks. For the Arab countries in transition, ongoing political transitions also weigh on growth. With policy buffers largely eroded, the need for action on macroeconomic stabilization and growth-oriented reforms is becoming increasingly urgent. Countries will need to put in place safety nets to protect the poor and build consensus for some difficult fiscal choices. The region’s oil exporters are expected to post solid growth in 2012, in part due to Libya’s better-than-expected postwar recovery. In the countries of the Gulf Cooperation Council, robust growth is supported by expansionary fiscal policies and accommodative monetary conditions. In the Caucasus and Central Asia, the outlook remains favorable, reflecting high oil prices that are benefiting oil and gas exporters, supportive commodity prices and remittance inflows benefiting oil and gas importers, and, for both groups, moderate direct exposure to Europe. The positive outlook provides an opportunity to strengthen policy buffers to prepare for any downside risks.
Download or read book Regional Economic Outlook written by Unspecified and published by . This book was released on 2006-09 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: The September 2006 report analyzes recent developments, examines the impact of the recent market correction, and assesses potential for capital inflows and equity markets, as well as examining private consumption and trends in inequality. Chapters address financial developments in emerging Asia; the main macroeconomic issues facing policymakers; Asia's external surpluses; Asia's investment decline, and rebalancing growth in China.
Download or read book Regional Economic Outlook October 2011 Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2011-10-26 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Arab Spring holds the promise of improved living standards and a more prosperous future for the peoples of the Middle East and North Africa region. At the same time, the region is witnessing uncertainty and economic pressures from domestic and external sources, which will likely be exacerbated by the recent worsening of the global economy. The main challenge in the short term will be to manage expectations while maintaining economic stability. To that end, better-targeted subsidies and transfers will help free up resources for investment in infrastructure, education, and health. Policies aimed at fostering inclusive growth will also help cement the longer-term benefits of the ongoing changes in the region. In the Caucasus and Central Asia, the economic outlook is broadly positive. Exports and remittances--key growth drivers in 2010--are continuing to grow solidly, helping the recovery gain firm momentum. At the same time, uncertainties over the robustness of the global recovery constitute a downside risk to the growth outlook. Key challenges facing the region over the medium term are to create jobs and foster high and inclusive growth.
Download or read book Regional Economic Outlook May 2009 Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2009-05-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global crisis is now affecting the countries in the Middle East and Central Asia region, and economic and financial vulnerabilities are rising. In the Middle East and North Africa, good economic fundamentals, appropriate policy responses, and sizable currency reserves are helping mitigate the impact of the shock. In the Caucasus and Central Asia, lower commodity prices and adverse economic developments in Russia have hit hard. The report notes that countries should prepare for the contingency of a prolonged global slowdown by supporting domestic demand for a longer period and strengthening financial systems further. In some countries with rising unemployment, it will be important to target government resources and policies on protecting the poor; in others, increased donor support will be necessary to maintain needed economic development.
Download or read book Regional Economic Outlook written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: These reports discuss recent economic developments and prospects for countries in various regions. They also address economic policy developments that have affected economic performance in the regions and discuss key challenges faced by policymakers. The reports include data for countries in the regions.
Download or read book Regional Economic Outlook October 2009 Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2009-10-02 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economic crisis has taken a toll on the Middle East and Central Asia region, but appropriate policy responses have helped mitigate the impact. Looking ahead, the region's oil exporters are expected to benefit from rising oil prices as the world economy begins to pull out of an unparalleled post-World War II recession. Oil importers, however, are likely to continue to face continued headwinds that may delay an uptake in growth. Where feasible, countries should continue to support domestic demand to lessen the impact of the crisis on the poor while maintaining a focus on debt sustainability. For the region's low-income countries, higher donor support will be needed to maintain economic development. Across the region, governments should further strengthen financial systems and be careful not to lose momentum on structural reforms. Published biannually in May and October.
Download or read book Regional Economic Outlook Middle East and Central Asia October 2015 written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2015-10-21 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This issue discusses economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP), which continue to reflect the diversity of conditions prevailing across the region. Most high-income oil exporters, primarily in the GCC, continue to record steady growth and solid economic and financial fundamentals, albeit with medium-term challenges that need to be addressed. In contrast, other countries—Iraq, Libya, and Syria—are mired in conflicts with not only humanitarian but also economic consequences. And yet other countries, mostly oil importers, are making continued but uneven progress in advancing their economic agendas, often in tandem with political transitions and amidst difficult social conditions. In most of these countries, without extensive economic and structural reforms, economic prospects for the medium term remain insufficient to reduce high unemployment and improve living standards.
Download or read book Regional Economic Outlook Update Middle East and Central Asia January 2024 written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2024-01-31 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conflict in Gaza and Israel is yet another shock to the Middle East and North Africa (MENA) region. It is causing immense human suffering and exacerbating an already challenging environment for neighboring economies and beyond. This Update covers economies in the MENA region and does not discuss developments in Israel. It discusses the updated outlook for the region, risks, and policy recommendations.
Download or read book Regional Economic Outlook October 2008 Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2008-10-21 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional Economic Outlook: Middle East and Central Asia underlines that the region has continued to experience strong growth in 2008, and the short-term outlook is generally favorable. However, inflation has emerged as a key issue, and while the global credit crunch has thus far had a limited impact on regional financial markets, the financial turmoil and slowdown in developed economies could lower growth in the period ahead. Policies will need to focus on tightening the fiscal and monetary stance where appropriate, with greater exchange rate flexibility, and continuing efforts to strengthen the resilience of financial sectors.
Download or read book Regional Economic Outlook October 2014 Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2014-10-27 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: This issue discusses economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP), which continue to reflect the diversity of conditions prevailing across the region. Most high-income oil exporters, primarily in the GCC, continue to record steady growth and solid economic and financial fundamentals, albeit with medium-term challenges that need to be addressed. In contrast, other countries—Iraq, Libya, and Syria—are mired in conflicts with not only humanitarian but also economic consequences. And yet other countries, mostly oil importers, are making continued but uneven progress in advancing their economic agendas, often in tandem with political transitions and amidst difficult social conditions. In most of these countries, without extensive economic and structural reforms, economic prospects for the medium term remain insufficient to reduce high unemployment and improve living standards.
Download or read book Regional Economic Outlook October 2010 Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2010-10-22 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Regional Economic Outlook assesses the near-term outlook for each of the three subregions: the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) oil exporters, the MENAP oil importers, and the Caucasus and Central Asia (CCA). The report also looks at medium-term issues of particular concern to the region, namely the need to boost competitiveness and growth to address high levels of long-standing unemployment in the MENAP region, and enhance the effectiveness of monetary policy and regional cooperation in the CCA.
Download or read book Regional Economic Outlook April 2011 written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2011-04-27 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: This issue of the Regional Economic Outlook: Middle East and Central Asia provides an in-depth look at the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region, as well as the Caucasus and Central Asia (CCA). Four chapters deal with MENAP oil exporters, MENAP oil importers, policy challenges facing MENAP, and sustaining the recovery in the CCA countries. Two developments mark the outlook for the MENAP region: the social and political unrest and the surge in global fuel and food prices, which have resulted in unusually large uncertainties in the near-term economic outlook. Meanwhile, growth in the CCA countries was higher than expected. Three main policy challenges to CCA countries are rising inflation, heightened social pressures to spend, and the poor quality of bank portfolios. Job creation and poverty reduction are key objectives for all CCA countries.
Download or read book Regional Economic Outlook October 2017 Middle East and Central Asia written by International Monetary Fund. Middle East and Central Asia Dept. and published by International Monetary Fund. This book was released on 2017-10-27 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil exporters in the Middle East and North Africa, Afghanistan, and Pakistan region (MENAP) are continuing to adjust to lower oil prices, which have dampened growth and contributed to large fiscal and external deficits.
