economic diversification would reduce their exposure to volatility and uncertainty in the global oil market, help create jobs … limited. This paper argues that increased diversification will require realigning incentives for firms and workers in the … economies—fixing these incentives is the “missing link†in the GCC countries’ diversification strategies. At present …

, achieved debt service reduction, and stabilized financial panics. He delivered sound public finances and financial stability …. In the end, the U.S. possessed a modern financial system able to finance innovation and growth. At a time when Europe is …

The synchronized disinflation across Europe since end-2011 raises the question of whether non-euro area EU countries …

single resolution and common safety net; and urgent issues related to repair of weak banks in Europe. …

range of infrastructures, service providers, and payment schemes within the euro area. …