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Regional Economic Outlook: Middle East and Central Asia, May 2009

Regional Economic Outlook: Middle East and Central Asia, May 2009 by International Monetary Fund. Middle East and Central Asia Dept.
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The global crisis is now affecting the countries in the Middle East and Central Asia region, and economic and financial vulnerabilities are rising. In the Middle East and North Africa, good economic fundamentals, appropriate policy responses, and sizable currency reserves are helping mitigate the impact of the shock. In the Caucasus and Central Asia, lower commodity prices and adverse economic developments in Russia have hit hard. The report notes that countries should prepare for the contingency of a prolonged global slowdown by supporting domestic demand for a longer period and strengthening financial systems further. In some countries with rising unemployment, it will be important to target government resources and policies on protecting the poor; in others, increased donor support will be necessary to maintain needed economic development.
International Monetary Fund; May 2009
60 pages; ISBN 9781452737218
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Title: Regional Economic Outlook: Middle East and Central Asia, May 2009
Author: International Monetary Fund. Middle East and Central Asia Dept.
 
ISBNs
1452737215
9781451948233
9781452737218
9781589068421