The economies of the six Gulf Cooperation Council (GCC) countries are heavily reliant on oil.
Greater economic diversification would reduce their exposure to volatility and uncertainty …

Regional integration has been seen in Africa as a means of encouraging trade and securing
economies of scale. This paper examines in detail the prospects and challenges for trade …

This paper examines the links between global oil price movements and macroeconomic
and financial developments in the GCC. Using a range of multivariate panel approaches, …

Over the past two years, ongoing political transitions in many Arab countries have led to social
unrest and an economic downturn. This paper examines comparable historical episodes …

الخليفي، وكيل محافظ مؤسسة النقد العربي السعودي، وفهد الشثري، المدير التنفيذي الممثل
للمملكة العربية السعودية في صندوق النقد الدولي، وهشام العقيل، المدير التنفيذي المناوب الممثل …‎

Mauritius has achieved remarkable success since its independence in 1968. It has one of the
highest per capita GDPs in Africa, the economy has diversified from complete dependence …

This paper examines the links between global oil price movements and macroeconomic and
financial developments in the Gulf Cooperation Council (GCC). The GCC economies can …

We assess the current barriers to trade in financial services in the six Central American
countries seeking a free trade agreement with the United States (the CAFTA) and examine the …

Limited economic diversification has made the economies of the Caucasus and Central Asia
particularly vulnerable to external shocks. The economies in the region are heavily reliant …

Monetary policy in Saudi Arabia is anchored by the Saudi riyal’s peg to the US dollar. Fiscal
policy is therefore the primary macroeconomic management tool. However, there is a …