Gulf Cooperation Council (GCC) - Economic Prospects and Policy Challenges for the GCC Countries
Policy Papers, November 13, 2013
Source details
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- Gulf Cooperation Council (GCC) - Economic Prospects and Policy Challenges for the GCC Countries
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Bibliographic details
- Published: November 13, 2013
- Series: Policy Papers
Summary
- The global and regional economic environment remains challenging.
- Global growth remains tepid, and although some pick-up is expected, risks are tilted to the downside.
- Recent volatility in financial markets is having a significant impact on some large emerging markets, highlighting the challenges that will be faced in unwinding the Federal Reserve’s quantitative easing policy.
- Geopolitical uncertainties in the Middle East are also high.
- Full text also available in العربية.
Key findings and observations
- Global growth characterization:
- "Global growth remains tepid, and although some pick-up is expected, risks are tilted to the downside."
- Financial market volatility:
- Recent volatility in financial markets is having a significant impact on some large emerging markets.
- This volatility highlights the challenges associated with unwinding the Federal Reserve’s quantitative easing policy.
- Geopolitical environment:
- Geopolitical uncertainties in the Middle East are high.
Subjects and thematic coverage
- Cooperation Council for the Arab States of the Gulf
- Cross country analysis
- Economic growth
- Fiscal policy
- Fiscal risk
- Middle East
- Monetary policy
- North Africa
- Oil prices
- Spillovers
- Transition economies
Publication details and access
- Publication title: Gulf Cooperation Council (GCC) - Economic Prospects and Policy Challenges for the GCC Countries
- Publication date: November 13, 2013
- Also available in: العربية
- Landing page includes links to Policy Papers and the IMF eLibrary.
Gulf Cooperation Council (GCC) - Economic Prospects and Policy Challenges for the GCC Countries, November 13, 2013.
Content in this bundle
- _100513b - Executive Summary