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Middle East and Central Asia > Oman

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  • Type: Journal Issue x
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Cover Selected Issues Papers
Embracing Digitalization to Accelerate Oman's Economic Transformation: Oman
Mohamed Belkhir
Motivated by Oman’s economic transformation agenda, this paper: (i) takes stock of the state of digitalization in Oman; (ii) provides an illustration of potential gains from enhanced digitalization; and (iii) highlights policy priorities that can support the authorities endeavors in advancing their digitalization agenda. The findings suggest that while Oman has progressed well on some aspects of digitalization, it still needs to deploy additional investments and efforts to match its GCC peers on several other aspects and accelerate its economic transformation.
Keywords:
credit guarantees; entrepreneurship; foreign investment; global value chains; skill building; SME policy; technology policy; training; digitalization agenda; policy priority; authorities endeavor; enhanced digitalization; transformation agenda; Digitalization; Digital economy; Fintech; Civil service; Global
Cover IMF Working Papers
Cross-Border Risks of a Global Economy in Mid-Transition
Etienne Espagne
,
William Oman
,
Jean-François Mercure
,
Romain Svartzman
,
Ulrich Volz
,
Hector Pollitt
,
Gregor Semieniuk
, and
Emanuele Campiglio
This paper analyzes the cross-border risks that could result from a decarbonization of the world economy. We develop a typology of cross-border risks and their respective channels. Our qualitative and quantitative scenario analysis suggests that the mid-transition – a period during which fossil-fuel and low-carbon energy systems co-exist and transform at a rapid pace – could have profound stability and resilience implications for global trade and the international financial system.
Keywords:
Climate change; transition risks; cross-border risks; trade; international money and finance.; asset purchase; energy export; baseline export; baseline GDP; cost of capital; Non-renewable resources; Climate policy; Exports; Global