European Parliament Library

Regional Economic Outlook, May 2010, Middle East and Central Asia

The May 2010 Regional Economic Outlook: Middle East and Central Asia reports on the implications for the region of global economic developments and presents key policy challenges and recommendations. A resumption of capital inflows and the rebound in crude oil prices have aided the recovery in the oil-exporting countries of the Middle East and North Africa. The group of oil-importing countries is expected to show marginal increase in growth in response to a pickup in trade, investment, and bank credit. A key challenge for these countries is to enhance competitiveness to raise growth rates and generate employment. In the Caucasus and Central Asia, exports have begun to pick up, the decline in remittances appears to be slowing or reversing, and capital inflows have turned positive. For 2010, a recovery across the region is projected as the global economy, and in particular Russia, picks up speed. Overall, prospects for the region are improving and the regional impact of the Dubai crisis and events in Greece has been limited so far. Nevertheless, a repricing of sovereign debt cannot be excluded, adding a degree of uncertainty to the outlook
Table Of Contents
Cover; Contents; Preface; Assumptions and Conventions; Country and Regional Groupings; Highlights; A.1. MENAP Oil Exporters: Emerging from the Crisis; Figures; A.1.1 Oil Sector Hit by the Global Crisis; Non-Oil Sector Buoyed by Stimulus; A.1.2 Exports and Imports of Goods; A.1.3 Financing Conditions before and after the Dubai World Crisis; Boxes; A.1.1 The Dubai World Crisis; A.1.4 External Reserves and Crude Oil Prices; A.1.5 Credit and Deposits; A.1.6 Non-GCC: External and Fiscal Balances; A.1.7 GCC: External and Fiscal Balances; A.1.8 Beginnings of Inflationary Pressures?; Tables
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (76 p.)
Specific Material Designation
Form Of Item

Library Locations

  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR