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Economic Prospects and Policy Challenges for the GCC Countries - 2021

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Release : 2021-12-15
Genre : Business & Economics
Kind : eBook
Book Rating : 879/5 ( reviews)

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Book Synopsis Economic Prospects and Policy Challenges for the GCC Countries - 2021 by : International Monetary Fund

Download or read book Economic Prospects and Policy Challenges for the GCC Countries - 2021 written by International Monetary Fund. This book was released on 2021-12-15. Available in PDF, EPUB and Kindle. Book excerpt: GCC policymakers moved quickly to mitigate the health and economic impacts of twin COVID-19 and oil price shocks. Infection rates have declined across the GCC to well below previous peaks, though countries have experienced successive waves of the virus, and economic recoveries have begun to take hold. Nevertheless, GCC policymakers must navigate a challenging and uncertain landscape. The pandemic continues to cloud the global outlook as countries are in different phases of recovery, with varied growth prospects and policy space

Economic Prospects and Policy Challenges for the GCC Countries

Download Economic Prospects and Policy Challenges for the GCC Countries PDF Online Free

Author :
Release : 2021
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Economic Prospects and Policy Challenges for the GCC Countries by : Internationaler Währungsfonds

Download or read book Economic Prospects and Policy Challenges for the GCC Countries written by Internationaler Währungsfonds. This book was released on 2021. Available in PDF, EPUB and Kindle. Book excerpt: GCC policymakers moved quickly to mitigate the health and economic impacts of twin COVID-19 and oil price shocks. Infection rates have declined across the GCC to well below previous peaks, though countries have experienced successive waves of the virus, and economic recoveries have begun to take hold. Nevertheless, GCC policymakers must navigate a challenging and uncertain landscape. The pandemic continues to cloud the global outlook as countries are in different phases of recovery, with varied growth prospects and policy space.

Economic Prospects and Policy Challenges for the GCC Countries

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Author :
Release : 2020-12-10
Genre : Business & Economics
Kind : eBook
Book Rating : 572/5 ( reviews)

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Book Synopsis Economic Prospects and Policy Challenges for the GCC Countries by : International Monetary Fund. Middle East and Central Asia Dept.

Download or read book Economic Prospects and Policy Challenges for the GCC Countries written by International Monetary Fund. Middle East and Central Asia Dept.. This book was released on 2020-12-10. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic is having far-reaching consequences for the global economy. Measures to contain the spread of the virus have led to sharp declines in economic activity across the globe, particularly in 2020Q2. The hardest hit sectors have been those requiring intensive human contact, such as tourism, transportation, services, and construction, while, in general, IT-intensive activities have fared better. The economic contraction is most significant in advanced economies. The GCC countries face a double impact from the coronavirus and lower oil prices. GCC authorities have implemented a range of appropriate measures to mitigate the economic damage, including fiscal packages, relaxation of monetary and macroprudential rules, and the injection of liquidity into the banking system, and there are recent signs of improvement. Low oil prices have caused a sharp deterioration of external and fiscal balances, and fiscal strains are evident in countries with higher debt levels.

Global Economic Prospects, June 2021

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Author :
Release : 2021-08-03
Genre : Business & Economics
Kind : eBook
Book Rating : 662/5 ( reviews)

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Book Synopsis Global Economic Prospects, June 2021 by : World Bank

Download or read book Global Economic Prospects, June 2021 written by World Bank. This book was released on 2021-08-03. Available in PDF, EPUB and Kindle. Book excerpt: The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.

Economic Prospects and Policy Challenges for the GCC Countries

Download Economic Prospects and Policy Challenges for the GCC Countries PDF Online Free

Author :
Release : 2021
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Economic Prospects and Policy Challenges for the GCC Countries by : International Monetary Fund

Download or read book Economic Prospects and Policy Challenges for the GCC Countries written by International Monetary Fund. This book was released on 2021. Available in PDF, EPUB and Kindle. Book excerpt: GCC policymakers moved quickly to mitigate the health and economic impacts of twin COVID-19 and oil price shocks. Infection rates have declined across the GCC to well below previous peaks, though countries have experienced successive waves of the virus, and economic recoveries have begun to take hold. Nevertheless, GCC policymakers must navigate a challenging and uncertain landscape. The pandemic continues to cloud the global outlook as countries are in different phases of recovery, with varied growth prospects and policy space.

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