Front Matter Page
Middle East and Central Asia Department
Contents
Introduction
I. Why is Macroprudential Policy Important in the Arab Region?
II. Institutional Framework for Macroprudential Policy
A. Mandate
B. Coordination
III. Macroprudential Policy Tools: A Practical Approach
IV. How Arab Countries Have Implemented Macroprudential Policy
V. Towards A More Effective Macroprudential Policy Framework in the Arab Region
Tables
1. Who Runs Macroprudential Policy?
2. Macroprudential Policy Toolkit
3. Indicators Used to Identify When to Tighten and Ease Macroprudential Measures
Figures
1. Oil Dependency and Variability of Main Macro Variables
2. Oil Prices, Monetary Developments and Exchange Regimes
3. Arab Banking Sector Developments, Effects of the Global Financial Crisis, Measures taken to Mitigate the Effects of the Crisis and Main Characteristics
Boxes
1. Potential Vulnerabilities in Credit, Equity, and Real Estate Markets in Arab Countries
2. Considerations for Institutional Framework
Appendixes
I. The Financial Sector in the Arab Countries
II. Macroprudential Policy Framework in Arab Countries
References