Regional Economic Outlook, October 2011
| Year of publication: |
2011
|
|---|---|
| Authors: | Asia Dept., International Monetary Fund. Middle East and Central |
| Publisher: |
Washington : International Monetary Fund |
| Subject: | Wirtschaftsprognose | Economic forecast | Wirtschaftslage | Macroeconomic performance |
| Extent: | Online-Ressource (117 p) |
|---|---|
| Series: | |
| Type of publication: | Book / Working Paper |
| Language: | English |
| Notes: | Description based upon print version of record Cover; Contents; Acknowledgments; Assumptions and Conventions; Country and Regional Groupings; World Economic Outlook; MIDDLE EAST, NORTH AFRICA, AFGHANISTAN, AND PAKISTAN; MENAP Highlights; (omitted); Principaux points; 1. MENAP Oil Exporters: Benefiting from High Oil Prices amid Growing Risks; Gradual Recovery Continues; Figures; 1.1 On the Back of High Oil Prices, the Recovery Continues; 1.2 Strong Fluctuations in Oil Sector GDP, Non-Oil Remains Steady; Boxes; 1.1 Libyan Revolution: Economic Impact and Challenges Ahead; 1.2 Sudan and South Sudan: Beyond the Breakup Fiscal Expansion Continues, with New Vigor in the Social SectorTable; 1.1 New Spending Measures Announced in 2011; Fiscal, External Balances Improve despite Higher Spending; 1.3 Non-Oil Fiscal Deficits Have Been Widening in Most Countries; 1.4 Most Oil Exporters Have Ramped Up Spending; Financial Conditions Point to Increased Regional, Global Risk; 1.5 Despite Higher Spending, Fiscal Balances Improve in Most Countries; 1.6 Current Account Balances Improve Further; 1.7 Sovereign Risk Levels Still Elevated; Banks Gain Strength, but Credit Recovery Remains Subdued 1.8 GCC Countries: Spillover Coefficient from Financial Distress in Other MENA Countries1.9 Stock Market Indices Still Not Back to Pre-Lehman Levels; Inflationary Pressures Modest amid High Commodity Prices; Echoes of 2008, but with Key Differences in Risk Tolerance; 1.10 Financial Stability Improving, but Vulnerabilities Still Present; 1.11 GCC Credit Growth Is Still Mostly Subdued ... Although Deposits Are Picking Up; 1.12 Some Inflationary Pressures in the Oil Exporters ... But Inflation Still Subdued in the GCC; 1.13 Fiscal Break-Even Oil Prices Have Been Creeping Upward 1.14 International Issuance of Bonds, Loans, and EquityDesigning Fiscal Policy for the Long Haul; Monetary Policy for Stability and Growth; 1.3 Labor Markets in the GCC; Structural Reforms Should Continue; 1.15 High Loan Concentration in MENA; Annex 1.1. Medium-Term Outlook on the Production of Oil and Natural Gas; 2. MENAP Oil Importers: Meeting Social Needs, Restoring Economic Confidence; Sharp Downturn to Last through 2012; 2.1 Real GDP Growth Stalls in 2011; 2.2 Private and Public Investment Have Declined 2.1 Mitigating the Impact of High Energy Prices: Oil Importers as Commodity ExportersInflation Remains Stable as Food and Fuel Subsidies Rise; External Balances Are Worsening; 2.3 Real GDP Growth Forecasts Revised Downward; 2.4 Inflationary Pressures Muted; 2.5 Real Policy Interest Rates Near Zero; 2.2 Global Linkages and Regional Spillovers from the Slowdown in Europe; 2.6 Oil Import Bills Rising; Financial Markets Have Taken a Hit; 2.7 MENAP Oil Importers Tourism Activity; 2.8 International Capital Market Issuance; 2.9 Stock Market Indices Lower; 2.10 Sovereign Bond Spreads Higher Spending Escalates with Universal Subsidies Rising Sharply |
| ISBN: | 978-1-61635-129-8 ; 978-1-4639-9865-3 ; 978-1-61635-129-8 |
| Source: | ECONIS - Online Catalogue of the ZBW |
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