Arab Countries in Transition - Economic Outlook and Key Challenges
Policy Papers, October 6, 2014
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- Arab Countries in Transition - Economic Outlook and Key Challenges
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Bibliographic details
- Published: October 6, 2014
- Series: Policy Papers
Overview and context
- Geographic focus: Egypt, Jordan, Libya, Morocco, Tunisia, and Yemen.
- Publication date: October 6, 2014.
- Context: Deepening and spreading conflicts in the region and, in many cases, challenging internal socio-political environments.
Major findings — macroeconomic and labor market
- Despite conflicts and political challenges, the Arab Countries in Transition have broadly maintained macroeconomic stability.
- Economic performance is not delivering the growth rates needed for a meaningful reduction in unemployment.
- The shortfall in growth is particularly acute for youth and women, who face higher unemployment pressures.
Policy recommendations and priorities
- Quickly advance structural reforms to foster higher and more inclusive growth.
- Continue to strengthen fiscal buffers to maintain stability amid heightened uncertainty.
- Continue to strengthen external buffers to maintain stability amid heightened uncertainty.
Role of the international community
- Coordinated support from the international community will be crucial.
- Priority areas for external support include:
- Financing.
- Improved trade access.
- Capacity building assistance.
Subject tags (as provided)
- Economic conditions, Fiscal policy, Jordan, Morocco, Private sector, Regional Economic Outlook, Transition economies, Tunisia
International Monetary Fund — Arab Countries in Transition - Economic Outlook and Key Challenges (October 6, 2014).
Content in this bundle
- Arab Countries in Transition: Economic Outlook and Key Challenges; October 9, 2014