Cover Policy Papers
Buy Book in Print
Arab Countries in Transition - An Update on Economic Outlook and Key Challenges
Author:
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar Close
Series:
Policy Papers
Volume/Issue:
Volume 2014: Issue 022
Language:
English
Publication Date:
16 Apr 2014
DOI:
https://doi.org/10.5089/9781498343459.007
ISBN:
9781498343459
ISSN:
2663-3493
Pages:
21
Keywords:
PP; job creation; economic activity; private sector; real GDP; trading partner; financial support; current account; government balance; Government debt management; Budget planning and preparation; Current account deficits; Inflation; Global; Middle East; Europe
Download PDF (1.2 MB) Download Epub
Despite uneven progress, there are early signs of improvement and macroeconomic stabilization in some Arab Countries in Transition (ACTs). 1 However, persistently weak growth and subdued private investment amid heightened regional insecurity continue to weigh on the task of reducing unemployment. This calls for accelerated reform efforts by the authorities to achieve higher, more inclusive, and more private sector-led growth, supported by external partners. In addition, mobilizing affordable external financing could help boost well-implemented public investment and provide a short-term impetus to growth and employment, thereby stabilizing difficult socio-political conditions on the ground and providing space for deeper structural reforms.
  • Collapse
  • Expand
Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund