Showing 1 - 10 of 19
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
economic challenges. For a number of years Egypt has suffered from low and non-inclusive growth and from high unemployment … evidenced by loss of foreign exchange reserves. In 2014, Egypt adopted a new constitution and elected a new president who was …€“80 percent in July 2014. They have also begun the reforms needed to raise tax revenue and to make Egypt a more attractive …
Persistent link: https://www.econbiz.de/10011242617
covering 1989–2004 for banks in Egypt, Jordan, Lebanon, Morocco, and Tunisia. The results provide clear support for a …
Persistent link: https://www.econbiz.de/10011142023
This paper investigates macro-financial linkages in Egypt using two complementary methods, assessing the interaction …
Persistent link: https://www.econbiz.de/10011142052
Since the onset of the Arab Spring, economic uncertainty in Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen (Arab …
Persistent link: https://www.econbiz.de/10011142081
This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the government’s fiscal position. Against this back ground, it also reviews key policy challenges that will need to be addressed to cope with the mounting...
Persistent link: https://www.econbiz.de/10005824863
This paper discusses Ukraine’s 2013 Article IV Consultation and First Post-Program Monitoring. The Ukrainian economy has been in recession since mid-2012, and the outlook remains challenging. In January–September 2013, GDP contracted by 1¼ percent year-over-year, reflecting...
Persistent link: https://www.econbiz.de/10011242575
Belarus’s economy has performed well owing to its strong macroeconomic policies, which facilitated rapid real income growth, near-full employment, and a reduction in poverty to the lowest level in the Commonwealth of Independent States (CIS). Executive Directors welcomed the disciplined...
Persistent link: https://www.econbiz.de/10011242674
This paper discusses how financial innovation turned U.S. mortgages into an asset class with worldwide investor appeal. It suggests that U.S. financial markets have been skilful in developing tools that have helped households exploit favorable global financing conditions to boost home ownership...
Persistent link: https://www.econbiz.de/10011242944
This Selected Issues paper discusses the economics of energy price reform in the Islamic Republic of Iran. Economic policies in Iran have traditionally relied on the abundant availability of energy at a low price to finance the country’s economic development. Low domestic energy prices...
Persistent link: https://www.econbiz.de/10011244080