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Economic Diversification in the GCC: Past, Present, and Future
Callen, Tim; Cherif, Reda; Hasanov, Fuad; Hegazy, Amgad; … - International Monetary Fund (IMF) - 2014
Abstract: The economies of the six Gulf Cooperation Council (GCC) countries are heavily reliant on oil. Greater economic diversification would reduce their exposure to volatility and uncertainty in the global oil market, help create jobs in the private sector, increase productivity and...
Persistent link: https://www.econbiz.de/10011245892
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Soaring of the Gulf Falcons: Diversification in the GCC Oil Exporters in Seven Propositions
Cherif, Reda; Hasanov, Fuad - International Monetary Fund (IMF) - 2014
A key priority for the Gulf Cooperation Council (GCC) countries is to create a dynamic non-oil tradable sector to support sustainable growth. Since export diversification takes a long time, it has to start now. We argue that the failure to diversify away from oil stems mainly from market...
Persistent link: https://www.econbiz.de/10011242377
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Food Inflation in India: The Role for Monetary Policy
Anand, Rahul; Ding, Ding; Tulin, Volodymyr - International Monetary Fund (IMF) - 2014
that India's inflation is highly inertial and persistent. Due to second-round effects, the gap between headline inflation …
Persistent link: https://www.econbiz.de/10010959475
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India: Defining and Explaining Inclusive Growth and Poverty Reduction
Anand, Rahul; Tulin, Volodymyr; Kumar, Naresh - International Monetary Fund (IMF) - 2014
poverty reduction and inclusiveness in India. We explore the role of economic policies and macrofinancial conditions in …
Persistent link: https://www.econbiz.de/10010790381
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The Fiscal and Welfare Impacts of Reforming Fuel Subsidies in India
Anand, Rahul; Coady, David; Mohommad, Adil; Thakoor, Vimal V - International Monetary Fund (IMF) - 2013
Rising fuel subsidies have contributed to fiscal pressures in India. A key policy concern regarding subsidy reform is … implications of fuel subsidy reform in India. Fuel subsidies are found to be badly targeted, with the richest ten percent of …
Persistent link: https://www.econbiz.de/10010790400
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Potential Growth in Emerging Asia
Anand, Rahul; Cheng, Kevin C.; Rehman, Sidra; Zhang, Longmei - International Monetary Fund (IMF) - 2014
estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in …;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China …
Persistent link: https://www.econbiz.de/10011142066
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Disentangling India’s Investment Slowdown
Anand, Rahul; Tulin, Volodymyr - International Monetary Fund (IMF) - 2014
This paper documents the recent slowdown in investment in India and explores its underlying causes. The sharp …
Persistent link: https://www.econbiz.de/10011142175