Yazar
International Monetary Fund. Middle East and Central Asia Dept.
Basım Tarihi
2022
Basım Yeri
Washington, D.C. -
International Monetary Fund
Konu
Prices, Currency crises, Economic & financial crises & disasters, Financial crises, Foreign Exchange, International agencies, International Agreements and Observance, International Economics, International institutions, International organization, International Organizations, Macroeconomics
Tür
Kitap
Dil
Arapça
Dijital
Evet
Yazma
Hayır
Sayfa Sayısı
41
Kütüphane
Wesleyan Üniversitesi Kütüphanesi
Demirbaş Numarası
ISBN : 9798400209307, ISBN : 9798400209284
Kayıt Numarası
alma9933006155703768
Lokasyon
See online access
Tarih
2022
Notlar
The war in Ukraine and sanctions on Russia are exacerbating the divergence in recovery prospects for the Middle East and Central Asia (ME&CA). Despite better-than-expected upside momentum in 2021, the economic environment in 2022 is defined by extraordinary headwinds and uncertainties, particularly for commodity importers, with higher and more volatile commodity prices, rising inflationary pressures, faster-than-expected monetary policy normalization in advanced economies, and a lingering pandemic. Prospects for oil exporters in the Middle East and North Africa (MENA) region have improved, while countries in the Caucasus and Central Asia (CCA) region face a particularly challenging outlook given their linkages to Russia and Ukraine. Downside risks dominate the outlook and include a prolonged war and further sanctions on Russia, tighter-than-expected global financial conditions, possible deanchoring of inflation expectations, a sharper slowdown in China, and new pandemic outbreaks. Policymaking has become increasingly complex, with dwindling macro policy space to deal with these extraordinary shocks, amid high debt and inflation. Given divergent outlooks, policies will need to be calibrated carefully to country circumstances to manage uncertainties, maintain macroeconomic stability, and support the recovery while protecting the most vulnerable and ensuring food and energy security. Structural reforms have become even more urgent to prevent scarring from the pandemic and the war, and ensure a private sector-led and inclusive recovery, including by embracing digitalization and investing in a greener future.
Seri
Regional Economic Outlook
