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market, providing important support to the global economy. The associated increase in oil revenues has resulted in sharply …
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This chapter reviews developments in GDP over the past several decades. The analysis shows that accumulation of labor and capital explains the bulk of overall output growth since 1990, with changes in total factor productivity playing only a minor role. Moreover, while increases in total factor...
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Saudi Arabia's economy is booming, unemployment is at a record low, the output gap is closed, inflation is contained …
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KEY ISSUES Context. Saudi Arabia's economy has grown very strongly in recent years, benefitting from high oil prices … global oil market. The economy has not been affected by the recent global financial market volatility. The Saudi population … diversified economy is a challenge given Saudi Arabia's vast oil resources. The government is making considerable efforts to lay …
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continued caution over price stability. In addition, the economy’s vulnerability to developments in the hydrocarbon sector is … business climate, attract foreign investment, and improve Algeria’s integration into the world economy. Public investment needs … to be preserved, and its efficiency reinforced. The financial sector is critical to the development of the economy …
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In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
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