Browse

You are looking at 1 - 1 of 1 items for :

  • Type: Journal Issue x
  • Communicable diseases x
  • Health economics x
  • Afghanistan, Islamic Republic of x
  • Financial Economics x
  • Investment & securities x
  • Crisis management x
  • Energy: General x
  • Economic & financial crises & disasters x
  • Regional Economic Outlook x
  • General Economics: General x
  • Agricultural and Natural Resource Economics?Environmental and Ecological Economics x
  • Health and Fitness x
  • Public Economics x
  • Health Behavior x
  • Macroeconomics x
  • Debts, Public x
  • National Government Expenditures and Health x
  • Industries; Land Use; Labor x
  • Cross-cutting issues x
  • Infectious & contagious diseases x
  • Business and Economics x
Clear All Modify Search
International Monetary Fund. Middle East and Central Asia Dept.

Abstract

A year into the coronavirus (COVID-19) pandemic, the race between vaccine and virus entered a new phase in the Middle East and Central Asia, and the path to recovery in 2021 is expected to be long and divergent. The outlook will vary significantly across countries, depending on the pandemic’s path, vaccine rollouts, underlying fragilities, exposure to tourism and contact-intensive sectors, and policy space and actions. 2021 will be the year of policies that continue saving lives and livelihoods and promote recovery, while balancing the need for debt sustainability and financial resilience. At the same time, policymakers must not lose sight of the transformational challenges to build forward better and accelerate the creation of more inclusive, resilient, sustainable, and green economies. Regional and international cooperation will be key complements to strong domestic policies.