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Arab Countries In Transition Economic Outlook And Key Challenges

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Arab Countries In Transition An Update On Economic Outlook And Key Challenges

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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2014-04-16

Arab Countries In Transition An Update On Economic Outlook And Key Challenges written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04-16 with Business & Economics categories.

Despite uneven progress, there are early signs of improvement and macroeconomic stabilization in some Arab Countries in Transition (ACTs). 1 However, persistently weak growth and subdued private investment amid heightened regional insecurity continue to weigh on the task of reducing unemployment. This calls for accelerated reform efforts by the authorities to achieve higher, more inclusive, and more private sector-led growth, supported by external partners. In addition, mobilizing affordable external financing could help boost well-implemented public investment and provide a short-term impetus to growth and employment, thereby stabilizing difficult socio-political conditions on the ground and providing space for deeper structural reforms.

Arab Countries In Transition Economic Outlook And Key Challenges

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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2015-06-10

Arab Countries In Transition Economic Outlook And Key Challenges written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-10 with Business & Economics categories.

The Arab Countries in Transition (ACTs) have had diverging trajectories over the past year and face an uncertain outlook.1 Improvements in the European economy, lower oil prices, and some progress on the policy front have provided tailwinds to growth, which is expected to pick up significantly in Egypt and Morocco. At the same time, unemployment remains high. Moreover, several of the ACTs have also suffered from intensifying and spreading conflicts that cause widespread human suffering and sizeable economic challenges. Libya and Yemen are directly affected, while spillovers from these conflicts and the civil wars in Iraq and Syria weigh on Jordan and Tunisia, as well as other countries in the region (e.g., Lebanon, Djibouti), Turkey and Europe. These spillovers come most prominently in the form of large refugee flows, deteriorating security, and pressures on economic infrastructures and labor markets. All these factors add urgency to the need in the Arab countries to strengthen economic resilience and address long-standing sources of inequity and exclusion. Coordinated and scaled-up support from the international community will be also critical in stabilizing conditions in the region, addressing the refugee crisis, and securing a more promising economic future for the ACTs in this challenging environment.

Arab Countries In Transition Economic Outlook And Key Challenges Deauville Partnership Ministerial Meeting

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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2013-08-10

Arab Countries In Transition Economic Outlook And Key Challenges Deauville Partnership Ministerial Meeting written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-08-10 with Business & Economics categories.

In an environment of heightened socio-economic tensions, regional insecurity, and strained public finances, the Arab Countries in Transition (ACTs) 1 face the difficult task of delivering on the expectations for jobs and growth. Despite patchy improvements in some countries, economic growth remains subdued, private investment is weak, and external and fiscal buffers are running low. Fostering social cohesion and avoiding a downward spiral of economic and political malaise calls for urgent implementation of economic reforms and coordinated support from the international community.

Middle East And North Africa Economic Outlook And Key Challenges Deauville Partnership Ministerial Meeting

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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2012-04-20

Middle East And North Africa Economic Outlook And Key Challenges Deauville Partnership Ministerial Meeting written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-04-20 with Business & Economics categories.

Historic transitions in the Arab Spring countries are coming under increasing strain frommacroeconomic pressures and unmet social demands. Domestic uncertainty over the countries' future course, compounded by the global slowdown and rising oil prices, took a toll on growth during 2011. The outlook for 2012 and 2013 is equally challenging. The protracted political transition, lower global growth, and euro zone weakness are likely to result in a slow and drawn-out economic recovery, with unemployment at best stabilizing at high levels. Maintaining macroeconomic stability in this environment will be challenging, not least since policy buffers were reduced during 2011. Indeed, gross external and fiscal financing needs of MENA oilimporters are projected at about $93 and $103 billion, respectively, in 2012-13. With capital markets expected to provide only a small part of these funds, official financial support will be essential to allow countries to continue on their path toward economic transformation. But at the same time, countries need to make tangible progress on that path. This requires bold reform and modernization agendas that command broad consensus and are embedded in a sustainable medium-term macroeconomic policy framework to build confidence, anchor expectations, and pave the way for sustained and inclusive growth.

Toward New Horizons

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Author : Mr.Harald Finger
language : en
Publisher: International Monetary Fund
Release Date : 2014-04-11

Toward New Horizons written by Mr.Harald Finger and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04-11 with Business & Economics categories.

The changing political landscape in the Arab world has created opportunities for economic transformation by tackling long-standing economic issues. Nevertheless, three years after the onset of political transition, implementing necessary economic policies has proven to be challenging. This paper lays out key elements of economic policy reform for Arab countries in transition.

Toward New Horizons

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Author : Mr.Harald Finger
language : en
Publisher: International Monetary Fund
Release Date : 2014-04-11

After The Spring

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Author : Magdi Amin
language : en
Publisher: Oxford University Press
Release Date : 2012-02-29

After The Spring written by Magdi Amin and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-02-29 with Business & Economics categories.

This volume examines the economic problems of Arab countries following the Arab Spring. The authors argue that reforms need to accomplish four objectives: more opportunities for youth, modernization of the state, creation of a competitive private economy, and integration of Arab countries with the global economy.

The Economics Of Political Transitions

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Author : Padamja Khandelwal
language : en
Publisher: International Monetary Fund
Release Date : 2013-03-13

The Economics Of Political Transitions written by Padamja Khandelwal and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-13 with Business & Economics categories.

Over the past two years, ongoing political transitions in many Arab countries have led to social unrest and an economic downturn. This paper examines comparable historical episodes of political instability to derive implications for the near- and medium-term economic outlook in the Arab countries in transition. In general, past episodes of political instability were characterized by a sharp deterioration in macroeconomic outcomes and a sluggish recovery over the medium term. Recent economic developments in the Arab countries in transition seem to be unfolding along similar lines, although the weak external environment and large fiscal vulnerabilities could result in a prolonged slump.

Arab Development Challenges Of The New Millennium

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Author : Belkacem Laabas
language : en
Publisher: Routledge
Release Date : 2017-11-22

Arab Development Challenges Of The New Millennium written by Belkacem Laabas and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-22 with Political Science categories.

This title was first published in 2002. In 2000, a major international conference was organized by the Arab Planning Institute to identify, analyze and compare development challenges facing Arab countries at the dawn of the new millennium. An interdisciplinary team of scholars were brought together from the fields of regional science, development studies, economics, business and government policy and together they addressed global, regional and domestic challenges and their impact on the Arab region. This volume brings together the best papers presented at this conference. In doing so, it offers up-to-date insights into, and a clearer understanding of this region. It highlights issues including: economic and social implications of globalization; strategic alliances; the implications for Arab countries of emerging technological patterns; the impact of the European Monetary Union and the euro; Arab regional integration; education; and the development of individual Arab country's economies.

Arab Countries In Transition Economic Outlook And Key Challenges Deauville Partnership Ministerial Meeting

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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2013-04-19

Arab Countries in Transition (ACTs) continue to face high political uncertainty and social pressures. The uprisings and protests have generated the promise of a better life for 300 million people, but forthcoming elections and constitutional reform, as well as populations anxious for jobs and higher incomes, complicate policymaking for many governments. At the same time, fiscal and reserves buffers have diminished sharply, underscoring the urgent need to maintain macroeconomic stability in an environment of sluggish global growth, high commodity prices, and still impaired domestic confidence. Resolute policy action and support from the international community are required; particularly as last year’s subdued growth in the ACTs (except Libya) is expected to improve only slightly in 2013 and is overshadowed by persistent external and regional risks. It will be equally important for policymakers to move quickly on designing and implementing effective structural reforms to build dynamic and inclusive economies that generate (many) more jobs than are available today. Promoting private-sector growth and international trade, as well as attracting foreign direct investment inflows, will be key components of success. Financial assistance and technical expertise from external partners, including Transition Fund projects, can make a big difference in this endeavor.

Arab Countries In Transition Economic Outlook And Key Challenges

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