Occasional Papers

Yemen in the 1990s: From Unification to Economic Reform

Author/Editor:

Nada Choueiri ; Klaus-Stefan Enders ; Yuri V Sobolev ; Jan Walliser ; Sherwyn Williams

Publication Date:

May 3, 2002

Electronic Access:

Link to Abstract

Summary:

The 1990s saw the unification of the two Yemens into one nation and a burgeoning of the country's oil sector. This paper examines the structural changes in the Yemeni economy brought about by these and other developments and identifies the reforms needed to move the country toward rapid and sustainable growth, effectively manage its oil wealth, and reduce the widespread poverty. The paper addresses the issue of poverty reduction by providing background and drawing lessons from Yemen's adjustment experience to date.

Series:

Occasional Paper No. 2002/007

Subject:

Banking Commercial banks Commodities Education Financial institutions Foreign exchange Labor Oil Oil prices Prices