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Fiscal Adjustment in the Gulf Countries: Less Costly than Previously Thought

Fiscal Adjustment in the Gulf Countries: Less Costly than Previously Thought »

Source: Fiscal Adjustment in the Gulf Countries: Less Costly than Previously Thought

Volume/Issue: 2018/133

Series: IMF Working Papers

Author(s): Armand Fouejieu , Sergio Rodriguez , and Sohaib Shahid

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 June 2018

ISBN: 9781484361573

Keywords: Economic growth, Government expenditures, Fiscal policy, Fiscal policy, Fiscal stimulus and multipliers, Gulf Cooperation Council (GCC), Fiscal Multiplier, GCC, General, Asia including Middle East

This paper estimates fiscal multipliers for the Gulf Cooperation Council (GCC) countries. Using OLS panel fixed effects on a sample of six countries from 1990-2016, results indicate that GCC fiscal multipliers have...

The Fiscal Cost of Conflict: Evidence from Afghanistan 2005-2016

The Fiscal Cost of Conflict: Evidence from Afghanistan 2005-2016 »

Source: The Fiscal Cost of Conflict: Evidence from Afghanistan 2005-2016

Volume/Issue: 2018/204

Series: IMF Working Papers

Author(s): Philip Barrett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2018

ISBN: 9781484374931

Keywords: Fiscal policy, Middle East, Afghanistan, Islamic Republic of, conflict, peace dividend, AfghanistanI, Afghanistan, Structure and Scope of Government, Illegal Behavior and the Enforcement of Law

I use a monthly panel of provincially-collected central government revenues and conflict fatalities to estimate government revenues lost due to conflict in Afghanistan since 2005. I identify causal effects by instr...

4. Fiscal Policy for Durable and Inclusive Growth in the Middle East and Central Asia

4. Fiscal Policy for Durable and Inclusive Growth in the Middle East and Central Asia »

Source: Regional Economic Outlook, November 2018, Middle East and Central Asia

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2018

ISBN: 9781484375389

Keywords: Regional Economic Outlook, Middle East and Central Asia, Economic growth, Oil prices, Market economies, Regional economics, Fiscal policy, economic outlook, global trade tensions, oil-importing countries

Middle East and Central Asia policymakers face the challenge of boosting inclusive growth amid limited fiscal policy space. Further fiscal consolidation is needed across the region to secure deb...

Global Developments and Outlook: Implications for the Middle East and Central Asia Regions

Global Developments and Outlook: Implications for the Middle East and Central Asia Regions »

Source: Regional Economic Outlook, November 2018, Middle East and Central Asia

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 2018

ISBN: 9781484375389

Keywords: Regional Economic Outlook, Middle East and Central Asia, Economic growth, Oil prices, Market economies, Regional economics, Fiscal policy, economic outlook, global trade tensions, oil-importing countries

Global growth for 2018–19 is projected to remain steady at its 2017 level of 3.7 percent (see table). However, this projection is 0.2 percentage point lower than the April 2018 World Economic Outlook, with t...

A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia

A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia »

Source: A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia

Volume/Issue: 2018/6

Series: Departmental Papers / Policy Papers

Author(s): Edward Gemayel , Lorraine Ocampos , Matteo Ghilardi , and James Aylward

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2018

ISBN: 9781484337165

Keywords: Growth acceleration, Uzbekistan, Afghanistan, Islamic Republic of, Iran, Islamic Republic of, Libyan Arab Jamahiriya, Syrian Arab Republic, Yemen, Republic of, Saudi Arabia, Somalia, Sudan

Since 2014, large and persistent external shocks have hit the CCA region, particularly a slump in global commodity prices and slower growth in its key economic partners. Fiscal accommodation, along with currency ad...

IMF Executive Board Concludes Article IV Consultation with Lebanon

IMF Executive Board Concludes Article IV Consultation with Lebanon »

Source: Lebanon : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Lebanon

Volume/Issue: 2017/19

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 January 2017

ISBN: 9781475570618

Keywords: Article IV consultation reports, Balance of payments statistics, Current account deficits, Debt sustainability analysis, Fiscal consolidation, Fiscal risk, Fiscal policy, Economic conditions, Economic growth, Economic indicators

This 2016 Article IV Consultation highlights that Lebanon's economic growth remains subdued. Following a sharp drop in 2011, growth edged upward briefly to 2-3 percent, but has now slowed again. The IMF staff estim...

IMF Executive Board Concludes 2016 Article IV Consultation with the Islamic Republic of Iran

IMF Executive Board Concludes 2016 Article IV Consultation with the Islamic Republic of Iran »

Source: Islamic Republic of Iran : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Iran

Volume/Issue: 2017/62

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 February 2017

ISBN: 9781475583076

Keywords: Staff Reports, Monetary policy, Multiple currency practices, Press releases, Middle East, Inflation, Fiscal reforms, Fiscal policy, Debt sustainability analysis, Economic growth

This 2016 Article IV Consultation highlights a rebound in economic growth in the Islamic Republic of Iran over the course of 2016-17 based on higher oil production. Real GDP grew 7.4 percent in the first half of 20...

Islamic Republic of Iran
			: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Iran

Islamic Republic of Iran : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Iran »

Volume/Issue: 2017/62

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 February 2017

DOI: http://dx.doi.org/10.5089/9781475583076.002

ISBN: 9781475583076

Keywords: Staff Reports, Monetary policy, Multiple currency practices, Press releases, Middle East, Inflation, Fiscal reforms, Fiscal policy, Debt sustainability analysis, Economic growth

This 2016 Article IV Consultation highlights a rebound in economic growth in the Islamic Republic of Iran over the course of 2016-17 based on higher oil production. Real GDP grew 7.4 percent in the first half of 20...

Islamic Republic of Iran
			: Selected Issues

Islamic Republic of Iran : Selected Issues »

Volume/Issue: 2017/63

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 February 2017

DOI: http://dx.doi.org/10.5089/9781475583083.002

ISBN: 9781475583083

Keywords: Selected Issues Papers, Banking, Banks, Fiscal policy, Fiscal reforms, Middle East, Monetary policy, Sanctions, Tax incentives, Tax system reviews

This Selected Issues paper analyzes impediments to correspondent banking with the Islamic Republic of Iran. Even though international nuclear sanctions were lifted January 16, 2016, Iranian banks face protracted di...

Lebanon
			: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Lebanon

Lebanon : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Lebanon »

Volume/Issue: 2017/19

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 January 2017

DOI: http://dx.doi.org/10.5089/9781475570618.002

ISBN: 9781475570618

Keywords: Article IV consultation reports, Balance of payments statistics, Current account deficits, Debt sustainability analysis, Fiscal consolidation, Fiscal risk, Fiscal policy, Economic conditions, Economic growth, Economic indicators

This 2016 Article IV Consultation highlights that Lebanon's economic growth remains subdued. Following a sharp drop in 2011, growth edged upward briefly to 2-3 percent, but has now slowed again. The IMF staff estim...