Arab Countries in Transition - An Update on Economic Outlook and Key Challenges

Policy Papers, April 16, 2014

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Arab Countries in Transition - An Update on Economic Outlook and Key Challenges

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Bibliographic details

• Published: April 16, 2014
• Series: Policy Papers

Summary

• Despite uneven progress, there are early signs of improvement and macroeconomic stabilization in some Arab Countries in Transition (ACTs).
• Persistently weak growth and subdued private investment amid heightened regional insecurity continue to weigh on the task of reducing unemployment.
• Mobilizing affordable external financing could help boost well-implemented public investment and provide a short-term impetus to growth and employment, thereby stabilizing difficult socio-political conditions and providing space for deeper structural reforms.

Major findings

• Early signs of improvement and macroeconomic stabilization are present in some ACTs.
• Growth remains persistently weak across the region.
• Private investment is subdued.
• Heightened regional insecurity is a key factor inhibiting employment reduction efforts.

Policy recommendations

• Accelerate reform efforts by the authorities to achieve higher, more inclusive, and more private sector-led growth.
• Secure support from external partners to bolster reform implementation.
• Mobilize affordable external financing to:
  • Boost well-implemented public investment.
  • Provide a short-term impetus to growth and employment.
  • Stabilize difficult socio-political conditions on the ground.
  • Create space for deeper structural reforms.

Geographic and thematic scope

• Subject coverage includes: Cross country analysis, Egypt, Jordan, Libya, Morocco, Regional Economic Outlook, Transition economies, Tunisia, Yemen.

Publication metadata (from source)

• Publication title: Arab Countries in Transition - An Update on Economic Outlook and Key Challenges
• Publication date: April 16, 2014

International Monetary Fund — Arab Countries in Transition - An Update on Economic Outlook and Key Challenges, April 16, 2014.

Content in this bundle

• Arab Countries in Transition: An Update on Economic Outlook and Key Challenges; April 9, 2014
  • Arab Countries in Transition: An Update on Economic Outlook and Key Challenges; April 9, 2014 (Markdown version)
  • Arab Countries in Transition: An Update on Economic Outlook and Key Challenges; April 9, 2014 (PDF)