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This 2014 Article IV Consultation highlights that Qatar’s macroeconomic performance has remained strong. GDP growth slowed from 13 percent in 2011 to 6.2 percent in 2012, mostly owing to the self-imposed moratorium on additional hydrocarbon production from the North Field. Growth was 6.5...
Persistent link: https://www.econbiz.de/10011244575
This Selected Issues paper assesses efficiency of Qatar public investment. It discusses the trends in public capital … analyzing efficiency, and presents the main results. The results suggest that the efficiency of Qatar public investment spending … the key for improving public investment efficiency in Qatar. …
Persistent link: https://www.econbiz.de/10011244748
Qatar's economy is driven by high oil and natural gas prices and production, and remains strong with robust …
Persistent link: https://www.econbiz.de/10011244944
As undiversified commodity exporters, GCC economies are prone to pro-cyclical systemic risk in the financial system. During periods of high hydrocarbon prices, favorable economic prospects make the financial sector keen to lend, leading to higher domestic credit growth and easier access to...
Persistent link: https://www.econbiz.de/10011245882
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
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
Qatar has recently taken steps toward introducing a medium-term budget framework (MTBF) to enhance the predictability …
Persistent link: https://www.econbiz.de/10011242646
KEY ISSUES Context. Qatar is implementing an ambitious diversification strategy through a large public investment …
Persistent link: https://www.econbiz.de/10011243837
Persistent link: https://www.econbiz.de/10011244097
Uruguay has consolidated economic gains, supported by strong macroeconomic policies and a broadly favorable external environment. Growth has exceeded expectations, unemployment has reached record lows, and poverty has continued to fall, while economic vulnerabilities have been significantly...
Persistent link: https://www.econbiz.de/10011244582