Regional Economic Outlook: Middle East and Central Asia, October 2009 -- Table of Contents
Middle East and Central Asia, October 11, 2009
Source details
- Canonical URL
- Regional Economic Outlook: Middle East and Central Asia, October 2009 -- Table of Contents
Other formats
Bibliographic details
- Published: October 11, 2009
- Series: Middle East and Central Asia
Executive summary and outlook
- The global economic crisis has taken a toll on the Middle East and Central Asia region, but appropriate policy responses have helped mitigate the impact.
- Oil exporters in the region are expected to benefit from rising oil prices as the world economy begins to pull out of an unparalleled post-World War II recession.
- Oil importers are likely to continue to face continued headwinds that may delay an uptake in growth.
- For the region’s low-income countries, higher donor support will be needed to maintain economic development.
- Published biannually in May and October.
Policy recommendations and priorities
- Where feasible, countries should continue to support domestic demand to lessen the impact of the crisis on the poor while maintaining a focus on debt sustainability.
- Across the region, governments should further strengthen financial systems.
- Governments should be careful not to lose momentum on structural reforms.
Report structure and main analytical themes
- Preface
- Assumptions and Conventions
- Country and Regional Groupings
- Highlights
- 1. MENAP Oil Exporters: Weathering the Global Storm
- 2. MENAP Oil Importers: Slow Recovery Ahead
- 3. The Caucasus and Central Asia: In the Midst of the Crisis
- Appendix: Fiscal Policy: How Much Space Do Countries Have?
- Statistical Appendix
Featured analytical boxes (selected)
- 1.1 Islamic and Conventional Banks in the GCC: How Did They Fare?
- 1.2 Oil Sector Prospects: Global Implications
- 2.1 Spillovers from the Global Crisis
- 3.1 Economic Prospects in Major Partner Countries and the CIS
- 3.2 The Macroeconomic Consequences of Declining Remittances and the Response of the International Community
Key indicators, figures, and tables (themes)
- Indicators of crisis impact and recovery: Current Account Balance Falls; Buildup of External Reserves, Drawn Down During Crisis; Changes in International Reserves; Private Sector Credit Decelerated; Central Banks Extend Credit; Financing Conditions Are Improving; Signs of Bottoming Out; Change in Stock Market Indices: Large Drop, Partial Recovery; Valuation Ratios Signal Optimism Toward a Recovery.
- Regional patterns: Exports Rebounding; Economic Growth Slowed During the Crisis and Is Likely to Remain Relatively Subdued; Lower Receipts from Abroad; Trade Patterns Differ; Procyclical Fiscal Impulses; High Debt Burden; Attenuating Price Pressures; Currencies Mostly Appreciating; Consumption Will Drive Growth; Lower Investment Is Behind Narrowing of External Current Account Deficits.
- Caucasus and Central Asia specifics: CCA Remittance Inflows Are Declining Sharply; Exports Have Contracted Sharply in 2009 . . . but Imports Have Also Fallen; External Balances Are Weakening; Fiscal Policy Is Expansionary; Debt Levels Are Rising . . . and Grant Support Is Declining; Inflation Is Declining Rapidly; Most CCA Currencies Have Depreciated Against the U.S. Dollar but Not the Russian Ruble; Nonperforming Loans Are Rising; Credit Growth Slows; Rising Lending Rates Could Hold Back Investment.
Statistical and tabular coverage
- Statistical Appendix Tables include: Real GDP Growth; Nominal GDP; Oil and Non-Oil Real GDP Growth; Crude Oil Production and Exports; Consumer Price Inflation; Broad Money Growth; Central Government Fiscal Balance; Central Government Total Revenue, Excluding Grants; Oil Exporters: Central Government Non-Oil Fiscal Balance; Oil Exporters: Central Government Non-Oil Revenue; Central Government Total Expenditure and Net Lending; Total Government Debt; Exports of Goods and Services; Imports of Goods and Services; Current Account Balance (Billions of U.S. dollars); Current Account Balance (Percent of GDP); Gross Official Reserves; Total Gross External Debt.
Regional Economic Outlook: Middle East and Central Asia, October 2009 -- Table of Contents
Content in this bundle
- آفاق الاقتصاد الإقليمي : الشرق الوسط وآسيا الوسطى -- أكتوبر 2009
- آفاق الاقتصاد الإقليمي : الشرق الوسط وآسيا الوسطى -- أضواء على أهم الأحداث؛ أكتوبر 2009
- Microsoft PowerPoint
- 2009年10月中东和中亚地区经济展望 -- 要点
- _mreo1009hifpdf
- _mreo1009menapfpdf
- Presentation on Caucasus and Central Asia, October 2009
- Regional Economic Outlook: Middle East and Central Asia -- Highlights; October 2009
- Presentation on Middle East, North Africa, Afghanistan, and Pakistan, October 2009
- Regional Economic Outlook: Middle East and Central Asia -- October 2009
- _mreo1009ccarpdf
- Кавказ и Центральная Азия в разгар кризиса
- Ближний Восток и Центральная Азия — Октябрь, 2009
References
- Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.
- Modify your profile
- Unlocking Central Asia’s Huge Potential
- Did Islamic Banks in the Gulf Do Better Than Conventional Ones in the Crisis?
- Mideast Oil Exporters Face the Crisis Head On
- IMF Commends Middle Eastern Oil Exporter's Countercyclical Policy Response; Envisages Muted Recovery for Regions Oil Importers
- Webcast
- Transcript
- IMF Expects Modest Recovery in the Caucasus and Central Asia
- Sound Policies Soften Crisis Impact on Middle East
- Caucasus, Central Asia Feel Crisis Impact, But Set for Modest Upturn
- Regional Economic Outlooks
- World Economic Outlook:
- Adobe Acrobat Reader