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This Selected Issues paper on Saudi Arabia assesses Saudi Arabia’s role in the oil market and global economy. Saudi … Arabia, the world’s largest producer and exporter of oil, has long played a systemically important role in the global oil … market. Short-term fluctuations in Saudi Arabia’s oil production have partially reflected attempts to stabilize the global …
Persistent link: https://www.econbiz.de/10011242731
Japan’s position is one of the largest and richest economies in the world. Tokyo as a financial marketplace is not a major intermediator of global capital flows. The current macroeconomic environment is conducive to spillovers being larger than captured by the empirical analysis. Apart...
Persistent link: https://www.econbiz.de/10011244326
This Selected Issues paper analyzes the properties of the fiscal surplus rule, a key pillar of Chile’s macroeconomic framework. The findings suggest that the rule is near the volatility-minimizing efficiency frontier. The paper assesses the vulnerability of the Chilean banking system to...
Persistent link: https://www.econbiz.de/10011244474
landing of the U.S. economy, with growth picking up during 2007. …
Persistent link: https://www.econbiz.de/10011244797
Strong fundamentals and countercyclical policies have helped Malaysia during the global financial crisis. Executive Directors welcomed the authorities' challenge to make progress toward economic growth and structural transformation. Directors welcomed the consolidation effort in the 2010 budget,...
Persistent link: https://www.econbiz.de/10011244853
foreign direct investment, export diversification, and value-added upgrading. Financial soundness indicators held up in 2007 …
Persistent link: https://www.econbiz.de/10011245584
Over the last few decades, the economy of Saudi Arabia has strengthened, as oil prices increased with the rebound in … global economic activity. Despite this, vulnerabilities to a sustained decline in the oil price have increased. Executive … Directors have commended the authorities for their continued stabilizing role in the oil markets. They have encouraged in …
Persistent link: https://www.econbiz.de/10011245632
The Selected Issues paper provides an overview of trends, performance export growth, value added, and employment …
Persistent link: https://www.econbiz.de/10005825028
(NEEDS). NEEDS gives special support to agriculture, industry, small and medium-scale enterprises, and oil and gas. Under the …
Persistent link: https://www.econbiz.de/10005591671
generally, as did restrained export performance more specifically. The deceleration of private consumption growth started …
Persistent link: https://www.econbiz.de/10005591812