Regional Economic Outlook: Middle East and Central Asia, October 2009

Business & Finance, Economics, International Economics, Macroeconomics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book Regional Economic Outlook: Middle East and Central Asia, October 2009 by International Monetary Fund. Middle East and Central Asia Dept., INTERNATIONAL MONETARY FUND
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Author: International Monetary Fund. Middle East and Central Asia Dept. ISBN: 9781452708966
Publisher: INTERNATIONAL MONETARY FUND Publication: October 2, 2009
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: International Monetary Fund. Middle East and Central Asia Dept.
ISBN: 9781452708966
Publisher: INTERNATIONAL MONETARY FUND
Publication: October 2, 2009
Imprint: INTERNATIONAL MONETARY FUND
Language: English
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.
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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.

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