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Author:
Ms. Nada Choueiri
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,
Mr. Klaus-Stefan Enders
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,
Mr. Yuri V Sobolev
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,
Mr. Jan Walliser
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, and
Mr. Sherwyn Williams
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Language:
English
Print Publication Date:
03 May 2002
Keywords:
OP; government; Yemen; policy; pins government policy; Yemen's record; Oil sector

Abstract

The decade of the 1990s was surely one of the most dramatic periods in Yemen‧ s rich history. Unification of the two Yemens, rapid development of an oil sector, and a radically changed external environment fundamentally transformed the opportunities and challenges the Yemeni people face. This paper summarizes economic developments in Yemen during the 1990s, takes stock of the many structural changes in the economy during the decade, and identifies reforms that are needed if Yemen is to move to a path of rapid and sustainable growth, reduce rampant poverty, and responsibly manage the highly volatile economic rents from its oil wealth. It is hoped that this paper will contribute to the ongoing debate in Yemen on the appropriate development strategy for the coming years.

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Cover Yemen in the 1990s
Yemen in the 1990s
From Unification to Economic Reform
ISBN:
9781589060425
ISSN:
0251-6365
Publication Date:
03 May 2002
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589060425.084
Pages:
122

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