Regional Economic Outlook, May 2008, Middle East and Central Asia

Middle East and Central Asia, April 29, 2008

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Regional Economic Outlook, May 2008, Middle East and Central Asia

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Bibliographic details

• Published: April 29, 2008
• Series: Middle East and Central Asia
• DOI: https://doi.org/10.5089/9781589067158.086

Key findings and short-term outlook

• The Middle East and Central Asia region grew at 6.5 percent in 2007.
• 2007 marked the region's best five-year performance over the past 30 years.
• So far, the turmoil in international financial markets has had a limited impact on the region.
• The short-term outlook is described as very favorable.

Themes reviewed in the report

• Recent economic developments and the outlook for the coming year.
• Key policy challenges facing the region.
• Regional topics examined in depth:
  • The rise in inflation in the GCC countries.
  • Intraregional capital flows.
  • Developments in oil markets.
  • Developments in real estate prices.
  • Sovereign wealth funds.

Country reviews included

• Algeria
• Georgia
• Iraq
• West Bank and Gaza

Subject coverage and keywords

• Subject areas: Commodities, Emerging and frontier financial markets, Financial markets, Inflation, Oil, Oil prices, Prices, Real estate prices.
• Keywords: country, Emerging and frontier financial markets, GCC country, Global, government, housing price correction, Inflation, Middle East and Central Asia, Oil, oil price, Oil prices, price, price subsidy, Real estate prices, REO, wage-price spiral.

References

• https://www.imf.org/en/publications/reo/meca
• United States and the IMF
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• Commodities
• Emerging and frontier financial markets
• Financial markets
• Inflation
• Oil
• Oil prices
• Prices
• Real estate prices
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