Economic Prospects and Policy Challenges for the GCC Countries - 2021

Despite the start of economic recovery, GCC policymakers must navigate a challenging and uncertain landscape. The pandemic continues to cloud the global outlook as countries are in different phases of recovery, with varied growth prospects and policy space.
READ MORE...
Volume/Issue: Volume 2021 Issue 072
Publication date: December 2021
ISBN: 9781616355968
$0.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
pdf else
epub else
English
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Environmental Economics , Political Economy , oil market development , oil growth , oil balance , climate change impact , GCC economy , Oil prices , COVID-19 , Oil consumption , Climate change , Global , Fiscal stance

Summary

GCC policymakers moved quickly to mitigate the health and economic impacts of twin COVID-19 and oil price shocks. Infection rates have declined across the GCC to well below previous peaks, though countries have experienced successive waves of the virus, and economic recoveries have begun to take hold. Nevertheless, GCC policymakers must navigate a challenging and uncertain landscape. The pandemic continues to cloud the global outlook as countries are in different phases of recovery, with varied growth prospects and policy space