Regional Economic Outlook: Middle East and Central Asia, October 2008

Business & Finance, Economics, International Economics, Macroeconomics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book Regional Economic Outlook: Middle East and Central Asia, October 2008 by International Monetary Fund. Middle East and Central Asia Dept., INTERNATIONAL MONETARY FUND
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Author: International Monetary Fund. Middle East and Central Asia Dept. ISBN: 9781452739236
Publisher: INTERNATIONAL MONETARY FUND Publication: October 21, 2008
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: International Monetary Fund. Middle East and Central Asia Dept.
ISBN: 9781452739236
Publisher: INTERNATIONAL MONETARY FUND
Publication: October 21, 2008
Imprint: INTERNATIONAL MONETARY FUND
Language: English
Regional Economic Outlook: Middle East and Central Asia underlines that the region has continued to experience strong growth in 2008, and the short-term outlook is generally favorable. However, inflation has emerged as a key issue, and while the global credit crunch has thus far had a limited impact on regional financial markets, the financial turmoil and slowdown in developed economies could lower growth in the period ahead. Policies will need to focus on tightening the fiscal and monetary stance where appropriate, with greater exchange rate flexibility, and continuing efforts to strengthen the resilience of financial sectors.
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Regional Economic Outlook: Middle East and Central Asia underlines that the region has continued to experience strong growth in 2008, and the short-term outlook is generally favorable. However, inflation has emerged as a key issue, and while the global credit crunch has thus far had a limited impact on regional financial markets, the financial turmoil and slowdown in developed economies could lower growth in the period ahead. Policies will need to focus on tightening the fiscal and monetary stance where appropriate, with greater exchange rate flexibility, and continuing efforts to strengthen the resilience of financial sectors.

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