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Avoiding the New Mediocre: Raising Long-Term Growth in the Middle East and Central Asia

Avoiding the New Mediocre: Raising Long-Term Growth in the Middle East and Central Asia »

Source: Avoiding the New Mediocre : Raising Long-Term Growth in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Pritha Mitra , Amr Hosny , Gohar Minasyan , Mark Fischer , and Gohar Abajyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2016

ISBN: 9781513572710

Keywords: Middle East and Central Asia, Fiscal policy, environment, oil, productivity, growth, employment, long-term growth, capital, labor

Raising the Middle East and Central Asia's long-term growth prospects is critical for meeting the region's pressing need for jobs and higher living standards....

Back Matter

Back Matter »

Source: Avoiding the New Mediocre : Raising Long-Term Growth in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Pritha Mitra , Amr Hosny , Gohar Minasyan , Mark Fischer , and Gohar Abajyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2016

ISBN: 9781513572710

Keywords: Middle East and Central Asia, Fiscal policy, environment, oil, productivity, growth, employment, long-term growth, capital, labor

Raising the Middle East and Central Asia's long-term growth prospects is critical for meeting the region's pressing need for jobs and higher living standards....

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 »

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

DOI: http://dx.doi.org/10.5089/9781484337165.087

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...

Avoiding the New Mediocre
			: Raising Long-Term Growth in the Middle East and Central Asia

Avoiding the New Mediocre : Raising Long-Term Growth in the Middle East and Central Asia »

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Pritha Mitra , Amr Hosny , Gohar Minasyan , Mark Fischer , and Gohar Abajyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2016

DOI: http://dx.doi.org/10.5089/9781513572710.087

ISBN: 9781513572710

Keywords: Middle East and Central Asia, Fiscal policy, environment, oil, productivity, growth, employment, long-term growth, capital, labor

Raising the Middle East and Central Asia's long-term growth prospects is critical for meeting the region's pressing need for jobs and higher living standards....

Efficiency-Adjusted Public Capital and Growth

Efficiency-Adjusted Public Capital and Growth »

Source: Efficiency-Adjusted Public Capital and Growth

Volume/Issue: 2011/217

Series: IMF Working Papers

Author(s): Sanjeev Gupta , Alvar Kangur , Abdoul Wane , and Chris Papageorgiou

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2011

ISBN: 9781463903503

Keywords: Public capital stock, public investment efficiency, appraisal, selection, implementation, evaluation of public investment, growth accounting, public investment, capital stock, investment management

This paper constructs an efficiency-adjusted public capital stock series and re-examines the public capital and growth relationship for 52 developing countries. The results show that public capital is a significant...

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...

Efficiency-Adjusted Public Capital and Growth

Efficiency-Adjusted Public Capital and Growth »

Volume/Issue: 2011/217

Series: IMF Working Papers

Author(s): Sanjeev Gupta , Alvar Kangur , Abdoul Wane , and Chris Papageorgiou

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2011

DOI: http://dx.doi.org/10.5089/9781463903503.001

ISBN: 9781463903503

Keywords: Public capital stock, public investment efficiency, appraisal, selection, implementation, evaluation of public investment, growth accounting, public investment, capital stock, investment management

This paper constructs an efficiency-adjusted public capital stock series and re-examines the public capital and growth relationship for 52 developing countries. The results show that public capital is a significant...

4. Main Findings and Policy Implications

4. Main Findings and Policy Implications »

Source: Avoiding the New Mediocre : Raising Long-Term Growth in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Pritha Mitra , Amr Hosny , Gohar Minasyan , Mark Fischer , and Gohar Abajyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2016

ISBN: 9781513572710

Keywords: Middle East and Central Asia, Fiscal policy, environment, oil, productivity, growth, employment, long-term growth, capital, labor

Well-targeted policies can boost the Middle East and Central Asia’s declining long-term economic growth prospects, lifting the region out of the “new mediocre.” In the midst of intensifying regional conflict...

3. Reforms to Unlock Growth Potential in the Middle East and Central Asia

3. Reforms to Unlock Growth Potential in the Middle East and Central Asia »

Source: Avoiding the New Mediocre : Raising Long-Term Growth in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Pritha Mitra , Amr Hosny , Gohar Minasyan , Mark Fischer , and Gohar Abajyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2016

ISBN: 9781513572710

Keywords: Middle East and Central Asia, Fiscal policy, environment, oil, productivity, growth, employment, long-term growth, capital, labor

Raising growth potential requires combinations of reforms that can affect the factors discussed in Chapter 2 and, naturally, reform priorities vary across countries. Most reform areas are heavily discussed i...

2. What Matters for Growth of Productivity, Employment, and Capital?

2. What Matters for Growth of Productivity, Employment, and Capital? »

Source: Avoiding the New Mediocre : Raising Long-Term Growth in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Pritha Mitra , Amr Hosny , Gohar Minasyan , Mark Fischer , and Gohar Abajyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2016

ISBN: 9781513572710

Keywords: Middle East and Central Asia, Fiscal policy, environment, oil, productivity, growth, employment, long-term growth, capital, labor

The above supply-side drivers of growth have long been examined, 6 but what are the underlying determinants of these drivers? For example, technological progress can raise product...