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Middle East and Central Asia > Saudi Arabia

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Cover Policy Challenges in the Gulf Cooperation Council Countries
Policy Challenges in the Gulf Cooperation Council Countries
International Monetary Fund

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.

Keywords:
MTU; GCC country; GCC; country; GCC authorities; GCC countries to oil; GCC import; staff country report; GCC export; GCC economy; GCC citizen; GCC merchandise trade; intra-GCC consideration; Oil; Oil prices; Labor markets; Employment; Global; Middle East