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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 Financial Intermediation and the Evolving Role of the Central Bank

V Financial Intermediation and the Evolving Role of the Central Bank »

Source: Oman Beyond the Oil Horizon : Policies Toward Sustainable Growth

Series: Occasional Papers

Author(s): Volker Treichel , and Ahsan Mansur

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 November 1999

ISBN: 9781557758330

Keywords: fiscal policy, expenditure, capital expenditure, fiscal adjustment, fiscal impulse

Financial Intermediation and the Evolving Role of the Central Bank Emmanuel K. Martey The macroeconomic challenge facing Oman requires an eff...

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...

VI Scope for Monetary Policy Independence in Oman

VI Scope for Monetary Policy Independence in Oman »

Source: Oman Beyond the Oil Horizon : Policies Toward Sustainable Growth

Series: Occasional Papers

Author(s): Volker Treichel , and Ahsan Mansur

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 November 1999

ISBN: 9781557758330

Keywords: fiscal policy, expenditure, capital expenditure, fiscal adjustment, fiscal impulse

Scope for Monetary Policy Independence in Oman As part of its effort to facilitate diversification and enhance resource allocation, the government of Oman has been reforming the fina...

VII External Shocks, Policy Responses, and Domestic Adjustment

VII External Shocks, Policy Responses, and Domestic Adjustment »

Source: Oman Beyond the Oil Horizon : Policies Toward Sustainable Growth

Series: Occasional Papers

Author(s): Volker Treichel , and Ahsan Mansur

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 November 1999

ISBN: 9781557758330

Keywords: fiscal policy, expenditure, capital expenditure, fiscal adjustment, fiscal impulse

External Shocks, Policy Responses, and Domestic Adjustment Oman’s economy is extremely vulnerable to terms-of-trade shocks because of its heavy reliance on oil export proceeds, which...