This 2016 Article IV Consultation highlights that non-oil economic activity in the United Arab Emirates slowed to 3.7 percent in 2015. Negative effects on overall growth were partially offset by the increase in oil production. Despite the strong fiscal policy response to adjust to lower oil...

Edited by Said El-Naggar, this book contains six papers presented at a seminar held in Abu Dhabi, United Arab Emirates, under the sponsorship of the Arab Monetary Fund and the IMF. The papers address the issues of adjustment and development in the Arab World, including the role of the IMF and...