Departmental Papers

Toward New Horizons: Arab Economic Transformation amid Political Transition

ByHarald Finger, Daniela Gressani

April 11, 2014

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Format: Chicago

Harald Finger, and Daniela Gressani. "Toward New Horizons: Arab Economic Transformation amid Political Transition", Departmental Papers 2014, 004 (2014), accessed 12/6/2025, https://doi.org/10.5089/9781484311462.087

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Also available infrançais, العربية,

Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

<p>The changing political landscape in the Arab world has created opportunities for economic transformation by tackling long-standing economic issues. Nevertheless, three years after the onset of political transition, implementing necessary economic policies has proven to be challenging. This paper lays out key elements of economic policy reform for Arab countries in transition. </p>

Subject: Banking, Employment, Exchange rate arrangements, Exchange rate flexibility, Expenditure, Fiscal policy, Foreign exchange, Labor, Revenue administration

Keywords: Central and Eastern Europe, central bank, countries' government, DP, DPPP, East Asia, Employment, Europe, exchange rate, Exchange rate arrangements, Exchange rate flexibility, Global, government effectiveness, IMF's Middle East, job creation, labor market, monetary policy, North Africa, private sector, reform agenda, reform effort

Notes

Full text also available in Arabic, and French.