Showing 1 - 10 of 1,344
Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab … and social tensions have constrained reform efforts. Assessing policy options as presented in the voluminous literature on …
Persistent link: https://www.econbiz.de/10011142081
Over the past two years, ongoing political transitions in many Arab countries have led to social unrest and an economic downturn. This paper examines comparable historical episodes of political instability to derive implications for the near- and medium-term economic outlook in the Arab...
Persistent link: https://www.econbiz.de/10011242232
This Selected Issues paper investigates the macroeconomic impact of the Syria crisis on Jordan. It is indicated that …
Persistent link: https://www.econbiz.de/10011243054
This paper examines the economic and financial linkages between Morocco and Tunisia and their European partners. Using … growth in Morocco and Tunisia. For Tunisia, exports and, to a much lesser extent, tourism appear to be the major transmission … channels. In Morocco, exports, remittances and tourism play relatively equal roles. An analysis with sectoral data supports …
Persistent link: https://www.econbiz.de/10008727792
This 2014 Article IV Consultation highlights that Morocco has made important strides in maintaining macroeconomic …
Persistent link: https://www.econbiz.de/10011244207
Morocco’s sound economic performance has been challenged by domestic and external shocks. The Precautionary and Liquidity Line (PLL) program is on track, and its design remains adequate. The fiscal consolidation and efforts to rebuild buffers and address medium-term challenges taken up by...
Persistent link: https://www.econbiz.de/10011244993
This paper discusses Morocco’s 2013 Article IV Consultation on economic developments and policies. The IMF report highlights that despite unfavorable external and domestic environment Morocco’s economic performance has improved during 2013. The Morocco’s economy remains...
Persistent link: https://www.econbiz.de/10011245081
This paper highlights Morocco’s Second Review Under the Precautionary and Liquidity Line. The IMF report analyzes that the 2012 fiscal outcome entailed a significant slippage from the authorities’ target and exposed vulnerabilities in the budget framework. Core inflation has...
Persistent link: https://www.econbiz.de/10011242751
Jordan’s external vulnerabilities, arising mainly from the energy sector, increased during the last decade. Aided by exceptionally large grants, fiscal policy accommodated the social impact of these shocks. Concerns about social tensions at the beginning of the year put on hold the needed...
Persistent link: https://www.econbiz.de/10011245271
This paper discusses Jordan’s Second Review Under the Stand-by Arrangement, Request for Waivers of Nonobservance of Performance Criteria (PCs), and Modification of PCs. Program performance is broadly on track. The central bank rebuilt reserves, which are now at a comfortable level and...
Persistent link: https://www.econbiz.de/10011245276