Get Regional Economic Outlook, November 2012: Middle East and PDF

By International Monetary Fund

ISBN-10: 1475510810

ISBN-13: 9781475510812

The outlook for the center East and North Africa zone is blended. Oil-importing international locations are witnessing tepid development, and the average restoration anticipated in 2013 is topic to heightened draw back hazards. For the Arab international locations in transition, ongoing political transitions additionally weigh on development. With coverage buffers principally eroded, the necessity for motion on macroeconomic stabilization and growth-oriented reforms is turning into more and more pressing. nations might want to installed position protection nets to guard the negative and construct consensus for a few tricky financial offerings. The region’s oil exporters are anticipated to publish stable progress in 2012, partially because of Libya’s better-than-expected postwar restoration. within the international locations of the Gulf Cooperation Council, powerful development is supported by way of expansionary financial rules and accommodative financial stipulations. within the Caucasus and primary Asia, the outlook continues to be favorable, reflecting excessive oil costs which are reaping benefits oil and fuel exporters, supportive commodity costs and remittance inflows reaping rewards oil and fuel importers, and, for either teams, average direct publicity to Europe. The optimistic outlook offers a chance to reinforce coverage buffers to arrange for any draw back risks.

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Regional Economic Outlook, November 2012: Middle East and Central Asia (World Economic and Financial Surveys) by International Monetary Fund

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