Regional Economic Outlook: Middle East and Central Asia, October 2008
Business & Finance, Economics, International Economics, Macroeconomics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
| Author: | International Monetary Fund. Middle East and Central Asia Dept. | ISBN: | 9781452739236 |
| Publisher: | INTERNATIONAL MONETARY FUND | Publication: | October 21, 2008 |
| Imprint: | INTERNATIONAL MONETARY FUND | Language: | English |
| Author: | International Monetary Fund. Middle East and Central Asia Dept. |
| ISBN: | 9781452739236 |
| Publisher: | INTERNATIONAL MONETARY FUND |
| Publication: | October 21, 2008 |
| Imprint: | INTERNATIONAL MONETARY FUND |
| Language: | English |
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.
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.
