Policy Challenges in the Gulf Cooperation Council Countries

Seminar Volumes, May 23, 1996

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Policy Challenges in the Gulf Cooperation Council Countries

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Bibliographic details

• Published: May 23, 1996
• Series: Seminar Volumes
• DOI: https://doi.org/10.5089/9781557755827.072

Summary and scope

• The Gulf Cooperation Council (GCC) countries face important policy challenges and opportunities.
• The paper covers:
  • economic developments and policies since 1980;
  • the impact of the GCC's external environment;
  • the medium-term economic prospects;
  • the broad outlines of a common adjustment and reform strategy;
  • the implications of adjustment in the GCC countries on the rest of the Middle East and North Africa region.

Major thematic areas examined

• Budget planning and preparation
• Commodities
• Employment and Labor markets
• Expenditure
• Oil and Oil prices
• Prices

Keywords and focus groups

• country; Employment; GCC; GCC authorities; GCC citizen; GCC countries to oil; GCC country; GCC economy; GCC export; GCC import; GCC merchandise trade; Global; intra-GCC consideration; Labor markets; Middle East; MTU; Oil; Oil prices; staff country report