Front Matter
Author:
International Monetary Fund
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Language:
English
Keywords:
MTU; GCC country; GCC; country; GCC authorities; GCC countries to oil; GCC import; staff country report
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Abstract

The Gulf Cooperation Council (GCC) countries face important policy challenges and opportunities. This paper covers the economic developments and policies since 1980; the impact of the GCC's external environment; the medium-term economic prospects; the broad outlines of a common adjustment and reform strategy, and the implications of adjustment in the GCC countries on the rest of the Middle East and North Africa region.

Policy Challenges in the Gulf Cooperation Council Countries

Prepared by Cyrus Sassanpour

Middle Eastern Department

International Monetary Fund

May 1996

Preface

This report was prepared by Cyrus Sassanpour, Deputy Division Chief, Middle Eastern Department of the IMF, for the Gulf Economic Forum Annual Conference in Bahrain, April 8–10, 1996. The author is indebted to Stanley Fischer, Mohamed A. El-Erian, and Zubair Iqbal for valuable comments; to Ilse-Marie Fayad and Peter Kunzel for efficient research assistance; and to Martha Bonilla for editing the manuscript. The views expressed in the paper are those of the author and do not necessarily reflect the views of the IMF.

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Cover Policy Challenges in the Gulf Cooperation Council Countries
Policy Challenges in the Gulf Cooperation Council Countries
ISBN:
9781557755827
Publication Date:
23 May 1996
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557755827.072
Pages:
44