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A.4. Capital Flows to the MENAP Region: Going Beyond Traditional Sources

A.4. Capital Flows to the MENAP Region: Going Beyond Traditional Sources »

Source: Regional Economic Outlook, May 2010, 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: 20 May 2010

ISBN: 9781589069206

Keywords: oil exporters, exporters, oil importers, balance sheets, bond

Capital flows to the MENAP region fell sharply with the global financial crisis. So far, the recovery has been partial and generally weaker than in other emerging ma...

A.1. MENAP Oil Exporters: Emerging from the Crisis

A.1. MENAP Oil Exporters: Emerging from the Crisis »

Source: Regional Economic Outlook, May 2010, 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: 20 May 2010

ISBN: 9781589069206

Keywords: oil exporters, exporters, oil importers, balance sheets, bond

Several MENAP oil exporters implemented sizable fiscal stimulus packages in 2009, which helped cushion the impact on the non...

A.2. MENAP Oil Importers: Slowly Gaining Traction

A.2. MENAP Oil Importers: Slowly Gaining Traction »

Source: Regional Economic Outlook, May 2010, 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: 20 May 2010

ISBN: 9781589069206

Keywords: oil exporters, exporters, oil importers, balance sheets, bond

The MENAP oil importers are recovering from last year’s slowdown. Trade is rising along with the global recovery and remitta...

A.3. Reviving Bank Credit in MENA

A.3. Reviving Bank Credit in MENA »

Source: Regional Economic Outlook, May 2010, 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: 20 May 2010

ISBN: 9781589069206

Keywords: oil exporters, exporters, oil importers, balance sheets, bond

MENA countries are currently experiencing a pronounced slowdown in bank credit, after several years of very rapid growth in the run-up to the global crisis. Policies...

B.2. CCA Banking Systems during and after the Crisis

B.2. CCA Banking Systems during and after the Crisis »

Source: Regional Economic Outlook, May 2010, 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: 20 May 2010

ISBN: 9781589069206

Keywords: oil exporters, exporters, oil importers, balance sheets, bond

As in other countries around the world, CCA banking systems were adversely affected by the global crisis, and credit growth has slowed sharply. Policymakers in many...

B.1. The Caucasus and Central Asia: Incipient Recovery

B.1. The Caucasus and Central Asia: Incipient Recovery »

Source: Regional Economic Outlook, May 2010, 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: 20 May 2010

ISBN: 9781589069206

Keywords: oil exporters, exporters, oil importers, balance sheets, bond

Substantial external shocks hit the Caucasus and Central Asia (CCA) region in 2009, but their impact on economic growth was cushioned by the policy reponse and donor...

Beauty Queens and Wallflowers

Beauty Queens and Wallflowers »

Source: Beauty Queens and Wallflowers : Currency Unions in the Middle East and Central Asia

Volume/Issue: 2006/226

Series: IMF Working Papers

Author(s): Katrin Elborgh-Woytek , and Julian Berengaut

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2006

ISBN: 9781451864861

Keywords: Currency Union, Optimum Currency Areas, inflation, monetary union, monetary fund, central bank, International Monetary Arrangements and Institutions, Financial Aspects of Economic Integration,

Against the background of the theory of optimum currency areas, the paper analyzes possible sequences for establishing a currency union (CU) in the Middle East and Central Asia region. Between the corner solutions...

Chapter 5. A Way Forward

Chapter 5. A Way Forward »

Source: Public Wage Bills in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Natalia Tamirisa , and Christoph Duenwald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2018

ISBN: 9781484336731

Keywords: Public sector, Public sector wages, Public employment, Public expenditure management, Public expenditures reform, Public services, Public employment systems, Public sector; Public sector wages; Public employment; Public expenditure management; Public expenditures reform; Public services; Public employment systems

Rising Challenges The pursuit of multiple goals with public payrolls—often with limited success—has left several countries in the region with high wage bills at a time of heightened...

Chapter 2. Benchmarking and Trends

Chapter 2. Benchmarking and Trends »

Source: Public Wage Bills in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Natalia Tamirisa , and Christoph Duenwald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2018

ISBN: 9781484336731

Keywords: Public sector, Public sector wages, Public employment, Public expenditure management, Public expenditures reform, Public services, Public employment systems, Public sector; Public sector wages; Public employment; Public expenditure management; Public expenditures reform; Public services; Public employment systems

Comparison with Global Peers Public wage bills in the MENAP region are higher than in other emerging market and developing economies (Figure 2.1). 1...

Chapter 6. Conclusion

Chapter 6. Conclusion »

Source: Public Wage Bills in the Middle East and Central Asia

Series: Departmental Papers / Policy Papers

Author(s): Natalia Tamirisa , and Christoph Duenwald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 January 2018

ISBN: 9781484336731

Keywords: Public sector, Public sector wages, Public employment, Public expenditure management, Public expenditures reform, Public services, Public employment systems, Public sector; Public sector wages; Public employment; Public expenditure management; Public expenditures reform; Public services; Public employment systems

Management of public sector wage bills has emerged as an important policy challenge for the region. Reflecting legacies from the past—including the large role of the state—as well as considerable oil wealth...