Learning to Live with Cheaper Oil: Policy Adjustment in MENA and CCA Oil-Exporting Countries

Martin Sommer, Allan Auclair, Armand Fouejieu, Inutu Lukonga, Saad Quayyum, Amir Sadeghi, Gazi Shbaikat, Andrew Tiffin and Bruno Versailles

No 2016/008, IMF Departmental Papers / Policy Papers from International Monetary Fund

Abstract: This paper discusses the challenges posed by low oil prices in the MENA and CCA regions, the adjustment policies adopted so far, and remaining adjustment needs and future risks.

Keywords: DPPP; DP; oil exporter; exporter; oil price; price; GCC; debt ratio; GCC country; CCA country; IMF staff estimate; U.S. dollar; Gulf exporter; Oil prices; Oil; Fiscal consolidation; Government debt management; Global (search for similar items in EconPapers)
Pages: 52
Date: 2016-06-08
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Citations: View citations in EconPapers (9)

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