Regional Economic Outlook, October 2014, Middle East and Central Asia
Middle East and Central Asia, October 27, 2014
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- Regional Economic Outlook, October 2014, Middle East and Central Asia
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Bibliographic details
- Published: October 27, 2014
- Series: Middle East and Central Asia
- DOI: https://doi.org/10.5089/9781498343732.086
Overview
- Geographic coverage: Middle East, North Africa, Afghanistan, and Pakistan (MENAP).
- Central finding: Economic developments reflect diverse conditions across the region, with outcomes varying by country type (high-income oil exporters, conflict-affected countries, and mostly oil importers).
High-income oil exporters (primarily GCC)
- Most continue to record steady growth and solid economic and financial fundamentals.
- Noted caveat: medium-term challenges need to be addressed.
Conflict-affected countries
- Countries explicitly identified: Iraq, Libya, and Syria.
- Primary consequence: mired in conflicts with both humanitarian and economic consequences.
Mostly oil-importing countries
- Characterization: making continued but uneven progress in advancing their economic agendas.
- Context: progress often occurs in tandem with political transitions and amidst difficult social conditions.
Policy implications and medium-term prospects
- General conclusion: In most countries covered, without extensive economic and structural reforms, economic prospects for the medium term remain insufficient to:
- reduce high unemployment, and
- improve living standards.
Thematic subjects covered
- Commodities, Expenditure, Fiscal policy, Fiscal stance, Inflation, International trade, Oil, Oil exports, Oil prices, Oil production, Prices, Production, Public investment and public-private partnerships (PPP).
Keywords and regional classifications
- Keywords include: Caribbean, CCA country, CCA oil exporter, CCA oil importer, Central Asia and the Caucasus, Europe, exporter, Fiscal stance, GCC country, Global, Inflation, Middle East, Oil, oil exporter, Oil exports, oil importer, Oil prices, Oil production, Public investment and public-private partnerships (PPP), REO, Sub-Saharan Africa.
International Monetary Fund. Regional Economic Outlook, October 2014, Middle East and Central Asia, October 27, 2014.
Content in this bundle
- Regional Economic Outlook: Middle East and Central Asia; October 2014
References
- https://www.imf.org/en/publications/reo/meca
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- Commodities
- Expenditure
- Fiscal policy
- Fiscal stance
- Inflation
- International trade
- Oil
- Oil exports
- Oil prices
- Oil production
- Prices
- Production
- Public investment and public-private partnerships (PPP)
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