Regional Economic Outlook, October 2008, Middle East and Central Asia
October 21, 2008
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Regional Economic Outlook: Middle East and Central Asia underlines that the region has continued to experience strong growth in 2008, and the short-term outlook is generally favorable. However, inflation has emerged as a key issue, and while the global credit crunch has thus far had a limited impact on regional financial markets, the financial turmoil and slowdown in developed economies could lower growth in the period ahead. Policies will need to focus on tightening the fiscal and monetary stance where appropriate, with greater exchange rate flexibility, and continuing efforts to strengthen the resilience of financial sectors.
Subject: Commodity prices, Emerging and frontier financial markets, Financial markets, Food prices, Inflation, Labor, Oil prices, Prices, Public sector wages
Keywords: a number of assumption, abbreviation FY, Central Asia and the Caucasus, Commodity prices, country acronym, East Africa, Emerging and frontier financial markets, en dash, Food prices, Global, Inflation, inflation expectation, inflation risk, Maghreb, MCD country, Middle East, Middle East and Central Asia, North Africa, Oil prices, per capita income, price, Public sector wages, REO
Pages:
58
Volume:
2008
DOI:
Issue:
007
Series:
October 2008
Stock No:
REOMCDEA2008002
ISBN:
9781589067622
ISSN:
2707-8086
