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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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Options and Strategies for Fiscal Consolidation in India
Tapsoba, Sampawende J.-A. - International Monetary Fund (IMF) - 2013
India: growth-friendly, social-friendly, and a benchmark case centered on bringing down unproductive spending and …
Persistent link: https://www.econbiz.de/10010790422
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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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Rising BRICs and Changes in Sub-Saharan Africa’s Business Cycle Patterns
Diallo, Oumar; Tapsoba, Sampawende J.-A. - International Monetary Fund (IMF) - 2014
This paper assesses the extent to which Sub-Saharan Africa (SSA)’s business cycle is synchronized with that of the rest of the world (RoW). Findings suggest that SSA’s business cycle has not only moved in the same direction as that of the RoW, but has also gradually drifted away...
Persistent link: https://www.econbiz.de/10011142171