By Masood Ahmed
(Version in عربي)
Historic transitions in several Arab countries are coming under increasing strain. Domestic uncertainty over the countries’ future course, compounded by the global slowdown and rising oil prices, took a toll on growth in 2011, and the current year will be equally challenging.
A joint and sustained effort is needed to help these countries navigate through this challenging period and set out an economic vision that is fair and inclusive.
Clear risks require strong resolve
The difficulties and challenges facing these countries were very much a focus of discussion during the recent 2012 IMF-World Bank Spring Meetings in Washington. The meetings brought together ministers and top officials from all over the world, with Middle East issues high on the agenda.
Filed under: Economic Crisis, Economic outlook, Economic research, Emerging Markets, Employment, Finance, Financial regulation, Globalization, growth, IMF, Inequality, International Monetary Fund, Middle East, Public debt | Tagged: Al-Jazeera, balance of payments, Deauville Partnership, Egypt, IMF-World Bank Spring Meetings, iMFdirect blog, jobs, Libya, Masood Ahmed, MENA, Nemat Shafik, oil, reform, transition, Yemen | 4 Comments »