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IV. Remaining Reform Issues

IV. Remaining Reform Issues »

Source: Financial Systems and Labor Markets in the Gulf Cooperation Council Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 1997

ISBN: 9781557757128

Keywords: labor market, employment, labor force, financial institutions, financial systems

As highlighted above, the GCC countries have already completed most of the crucial stages in their gradual process of liberalization and reform of their financial sectors. Nevertheless, there are some outsta...

Labor Market Challenges and Policies in the Gulf Cooperation Council Countries

Labor Market Challenges and Policies in the Gulf Cooperation Council Countries »

Source: Financial Systems and Labor Markets in the Gulf Cooperation Council Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 1997

ISBN: 9781557757128

Keywords: labor market, employment, labor force, financial institutions, financial systems

Executive Summary • The rapid growth of the GCC economies over the past three decades required large inflows of foreign labor. Expatriate workers currently comprise over one-half of...

V. Concluding Remarks

V. Concluding Remarks »

Source: Financial Systems and Labor Markets in the Gulf Cooperation Council Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 1997

ISBN: 9781557757128

Keywords: labor market, employment, labor force, financial institutions, financial systems

The GCC countries face important challenges of improving economic efficiency; diversifying their economic base, given their excessive reliance on depletable natural resources; and more important, providing i...

V. Labor Market Policies of the GCC Countries in a Regional Context

V. Labor Market Policies of the GCC Countries in a Regional Context »

Source: Financial Systems and Labor Markets in the Gulf Cooperation Council Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 1997

ISBN: 9781557757128

Keywords: labor market, employment, labor force, financial institutions, financial systems

The labor market provides the strongest economic link between the GCC and the other countries in the MENA region; in contrast to sizable flow of workers’ remittances (Chart 2), interregional trade and invest...

VI. Concluding Remarks

VI. Concluding Remarks »

Source: Financial Systems and Labor Markets in the Gulf Cooperation Council Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 November 1997

ISBN: 9781557757128

Keywords: labor market, employment, labor force, financial institutions, financial systems

Policymakers in the GCC countries have correctly identified labor market issues as one of the key policy challenges—not only in those countries where unemployment is more of an immediate economic and social...