Regional Economic Outlook, October 2007, Middle East and Central Asia

October 15, 2007

Summary

The Middle East and Central Asia is undergoing a remarkable transformation driven by rapid GDP growth and high oil and non-oil commodity prices. The report presents common economic trends and reviews prospects and policies for the coming year in light of the global economic environment. This latest REO includes boxes treating both regional topics--such as growth in the Maghreb countries; developments in the oil markets; the boom in the GCC countries, and the impact of the recent global credit squeeze on the region--and country-specific reviews, of Kazakhstan, Armenia, Egypt, Pakistan, and the UAE.

Subject: Balance of payments, Commodities, Current account surpluses, Emerging and frontier financial markets, Financial markets, Inflation, International trade, Oil, Oil exports, Oil prices, Prices

Keywords: Brent crude, broad money, consumer goods, country, country authorities, country datum, credit market, current account, Current account surpluses, double digit oil GDP growth, Emerging and frontier financial markets, emerging market country, equity price, federal funds rate, Global, headline inflation, heightened market volatility, IMF staff estimate, Inflation, low-income country, Maghreb, market valuation, Middle East and Central Asia, Oil, oil exporter, Oil exports, Oil prices, poverty rate, REO, State oil company

Pages:
68
Volume:
2007
DOI:
https://doi.org/10.5089/9781589066694.086
Issue:
005
Series:
Middle East and Central Asia
Stock No:
REOMCDEA2007002
ISBN:
9781589066694
ISSN:
2707-8086

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