{ "title": "Regional Economic Outlook: Middle East and Central Asia, May 2008 -- Table of Contents", "publication": "Middle East and Central Asia, May 12, 2008", "sourceUrl": "https://www.imf.org/en/publications/reo/meca/issues/2017/01/07/regional-economic-outlook-middle-east-and-central-asia10", "canonical": "https://www.imf.org/en/publications/reo/meca/issues/2017/01/07/regional-economic-outlook-middle-east-and-central-asia10", "overlayPath": "/en/publications/reo/meca/issues/2017/01/07/regional-economic-outlook-middle-east-and-central-asia10/index.md", "summary": "The Middle East and Central Asia region grew at 6.5 percent in 2007, marking its best five-year performance over the past 30 years. So far, the turmoil in international financial markets has had a limited impact on the region, and the short-term outlook remains very favorable.", "sections": [ { "heading": "Overview and Key Finding", "content": "- The Middle East and Central Asia region grew at 6.5 percent in 2007, marking its best five-year performance over the past 30 years.\n- So far, the turmoil in international financial markets has had a limited impact on the region, and the short-term outlook remains very favorable.\n- The report:\n - reviews recent economic developments,\n - assesses the outlook for the coming year,\n - discusses key policy challenges,\n - takes a closer look at regional topics and provides country reviews for Algeria, Georgia, Iraq, and West Bank and Gaza." }, { "heading": "Major Thematic Coverage", "content": "- Regional topics examined include:\n - the rise in inflation in the GCC countries\n - intraregional capital flows\n - developments in oil markets\n - developments in real estate prices\n - sovereign wealth funds\n- The report contains:\n - Recent Macroeconomic Developments\n - Economic Outlook and Policy Challenges\n - Economic Outlook\n - World economic outlook\n - Outlook for the MCD region\n - Policy Challenges\n - Statistical Appendix\n - Data and Conventions" }, { "heading": "Boxes (numbered)", "content": "- 1 Georgia: Successful Reforms Since the Rose Revolution\n- 2 GCC Capital Flows to MENA Emerging Market Countries\n- 3 Iraq: Encouraging Economic Performance in 2007\n- 4 The Rise in Inflation in the GCC Countries\n- 5 Algeria’s Experience with Managing Hydrocarbon Wealth\n- 6 Oil Income: What Is Being Done with It?\n- 7 Oil Prices: Fundamentals or Speculation?\n- 8 West Bank and Gaza: The Road to Recovery\n- 9 Sovereign Wealth Funds in the Spotlight\n- 10 Real Estate Prices in the MCD Region" }, { "heading": "Figures (listed)", "content": "- Global Real GDP Growth\n- Real GDP Growth in the MCD Region\n- Oil and Non-Oil GDP Growth in Oil Exporters, 2007\n- Growth in Emerging Markets\n- 5a Consumer Price Inflation: Country Aggregates\n- 5b Consumer Price Inflation: Individual Countries\n- Nominal Effective Exchange Rates\n- Real Effective Exchange Rates\n- 8a Government Fiscal Balance: Country Aggregates\n- 8b Government Fiscal Balance: Individual Countries\n- Total Government Debt\n- Government Expenditure in Oil Exporters\n- 11 Credit to the Private Sector\n- 12 Money and Credit to the Private Sector in Low-Income Countries\n- 13a External Current Account Balance: Country Aggregates\n- 13b External Current Account Balance: Individual Countries\n- 14 Gross Official Reserves\n- 15 Stock Market Indices in Selected Countries\n- 16 Sovereign Spreads in Selected Countries\n- 17 Global Outlook\n- 18 International Commodity Prices\n- 19 Brent Crude Oil Prices\n- 20 Global Growth Forecast" }, { "heading": "Statistical Appendix Tables", "content": "- Real GDP Growth\n- Nominal GDP\n- GDP at Purchasing-Power-Parity Prices\n- Oil and Non-Oil Real GDP Growth for Oil Exporters\n- Crude Oil Production and Exports\n- Consumer Price Inflation\n- Broad Money Growth\n- Central Government Fiscal Balance\n- Central Government Total Revenue Excluding Grants\n- Oil Exporters: Central Government Non-Oil Fiscal Balance\n- Oil Exporters: Central Government Non-Oil Revenue\n- Central Government Total Expenditure and Net Lending\n- 13 Exports of Goods and Services\n- Imports of Goods and Services\n- Current Account Balance (in billions of U.S. dollars)\n- Current Account Balance (in percent of GDP)\n- Total Gross External Debt\n\nRegional Economic Outlook: Middle East and Central Asia, May 2008 -- Table of Contents.\n\n---\n\n Content in this bundle\n\n- الإقليمي الاقتصاد آفاق : مايو الوسطى، وآسيا الأوسط الشرق منطقة٢٠٠٨\n - الإقليمي الاقتصاد آفاق : مايو الوسطى، وآسيا الأوسط الشرق منطقة٢٠٠٨ (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - الإقليمي الاقتصاد آفاق : مايو الوسطى، وآسيا الأوسط الشرق منطقة٢٠٠٨ (PDF){rel=\"external\" type=\"application/pdf\"}\n- Perspectives économiques régionales: Moyen-Orient et Asie centrale -- Faits Synthèse; FMI mai 2008.\n - Perspectives économiques régionales: Moyen-Orient et Asie centrale -- Faits Synthèse; FMI mai 2008. (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Perspectives économiques régionales: Moyen-Orient et Asie centrale -- Faits Synthèse; FMI mai 2008. (PDF){rel=\"external\" type=\"application/pdf\"}\n- Regional Economic Outlook: Middle East and Central Asia -- Highlights; IMF, May 2008.\n - Regional Economic Outlook: Middle East and Central Asia -- Highlights; IMF, May 2008. (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Regional Economic Outlook: Middle East and Central Asia -- Highlights; IMF, May 2008. (PDF){rel=\"external\" type=\"application/pdf\"}\n- Regional Economic Outlook: Middle East and Central Asia; May 2008.\n - Regional Economic Outlook: Middle East and Central Asia; May 2008. (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Regional Economic Outlook: Middle East and Central Asia; May 2008. (PDF){rel=\"external\" type=\"application/pdf\"}\n- Перспективы развития региональной экономики: Ближний Восток и Центральная Азия, май 2008 года\n - Перспективы развития региональной экономики: Ближний Восток и Центральная Азия, май 2008 года (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Перспективы развития региональной экономики: Ближний Восток и Центральная Азия, май 2008 года (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- Watch a video about the outlook\n- Regional Economic Outlooks\n- World Economic Outlook:\n- Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.\n- Modify your profile\n- Ordering Information\n- Adobe Acrobat Reader\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/publications/reo/meca/issues/2017/01/07/regional-economic-outlook-middle-east-and-central-asia10" } ], "bullets": [ "[Markdown version](/en/publications/reo/meca/issues/2017/01/07/regional-economic-outlook-middle-east-and-central-asia10/index.md)", "[Structured JSON version](/en/publications/reo/meca/issues/2017/01/07/regional-economic-outlook-middle-east-and-central-asia10/index.json)", "[Bundle manifest](/en/publications/reo/meca/issues/2017/01/07/regional-economic-outlook-middle-east-and-central-asia10/bundle-manifest.json)", "Published: May 12, 2008", "Series: Middle East and Central Asia", "The Middle East and Central Asia region grew at 6.5 percent in 2007, marking its best five-year performance over the past 30 years.", "So far, the turmoil in international financial markets has had a limited impact on the region, and the short-term outlook remains very favorable.", "The report:", "Regional topics examined include:", "The report contains:", "1 Georgia: Successful Reforms Since the Rose Revolution", "2 GCC Capital Flows to MENA Emerging Market Countries", "3 Iraq: Encouraging Economic Performance in 2007", "4 The Rise in Inflation in the GCC Countries", "5 Algeria’s Experience with Managing Hydrocarbon Wealth", "6 Oil Income: What Is Being Done with It?", "7 Oil Prices: Fundamentals or Speculation?", "8 West Bank and Gaza: The Road to Recovery", "9 Sovereign Wealth Funds in the Spotlight", "10 Real Estate Prices in the MCD Region", "Global Real GDP Growth", "Real GDP Growth in the MCD Region", "Oil and Non-Oil GDP Growth in Oil Exporters, 2007", "Growth in Emerging Markets", "5a Consumer Price Inflation: Country Aggregates", "5b Consumer Price Inflation: Individual Countries", "Nominal Effective Exchange Rates", "Real Effective Exchange Rates", "8a Government Fiscal Balance: Country Aggregates", "8b Government Fiscal Balance: Individual Countries", "Total Government Debt", "Government Expenditure in Oil Exporters", "11 Credit to the Private Sector", "12 Money and Credit to the Private Sector in Low-Income Countries", "13a External Current Account Balance: Country Aggregates", "13b External Current Account Balance: Individual Countries", "14 Gross Official Reserves", "15 Stock Market Indices in Selected Countries", "16 Sovereign Spreads in Selected Countries", "17 Global Outlook", "18 International Commodity Prices", "19 Brent Crude Oil Prices", "20 Global Growth Forecast", "Real GDP Growth", "Nominal GDP", "GDP at Purchasing-Power-Parity Prices", "Oil and Non-Oil Real GDP Growth for Oil Exporters", "Crude Oil Production and Exports", "Consumer Price Inflation", "Broad Money Growth", "Central Government Fiscal Balance", "Central Government Total Revenue Excluding Grants", "Oil Exporters: Central Government Non-Oil Fiscal Balance", "Oil Exporters: Central Government Non-Oil Revenue", "Central Government Total Expenditure and Net Lending", "13 Exports of Goods and Services", "Imports of Goods and Services", "Current Account Balance (in billions of U.S. dollars)", "Current Account Balance (in percent of GDP)", "Total Gross External Debt", "**الإقليمي الاقتصاد آفاق : مايو الوسطى، وآسيا الأوسط الشرق منطقة٢٠٠٨**", "**Perspectives économiques régionales: Moyen-Orient et Asie centrale -- Faits Synthèse; FMI mai 2008.**", "**Regional Economic Outlook: Middle East and Central Asia -- Highlights; IMF, May 2008.**", "**Regional Economic Outlook: Middle East and Central Asia; May 2008.**", "**Перспективы развития региональной экономики: Ближний Восток и Центральная Азия, май 2008 года**", "[Watch a video about the outlook](https://www.imf.org/external/mmedia/view.asp?eventID=1161)", "[Regional Economic Outlooks](https://www.imf.org/external/pubs/ft/reo/reorepts.aspx)", "[World Economic Outlook:](https://www.imf.org/external/pubs/ft/weo/2008/01/index.htm)", "[Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.](https://www.imf.org/en/email-subscription/index)", "[Modify your profile](https://www.imf.org/en/email-subscription/login)", "[Ordering Information](https://www.imf.org/external/pubs/cat/longres.cfm?sk=21662.0)", "[Adobe Acrobat Reader](https://www.imf.org/adobe)" ], "related": [ { "title": "الإقليمي الاقتصاد آفاق : مايو الوسطى، وآسيا الأوسط الشرق منطقة٢٠٠٨", "role": "document", "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/arabic/pubs/ft/reo/2008/mcd/_mreo0508sumapdf.pdf", "summary": { "path": "/-/media/websites/imf/imported-flagship-issues/external/arabic/pubs/ft/reo/2008/mcd/_mreo0508sumapdf.pdf.md", "mime": "text/markdown" }, "binary": { "path": "/-/media/websites/imf/imported-flagship-issues/external/arabic/pubs/ft/reo/2008/mcd/_mreo0508sumapdf.pdf", "mime": "application/pdf" } }, { "title": "Perspectives économiques régionales: Moyen-Orient et Asie centrale -- Faits Synthèse; 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