Yemen in the 1990s: From Unification to Economic Reform

Nada Choueiri, Klaus-Stefan Enders, Yuri Sobolev, Jan Walliser and Sherwyn Williams

No 2002/007, IMF Occasional Papers from International Monetary Fund

Abstract: The 1990s saw the unification of the two Yemens into one nation and a burgeoning of the country's oil sector. This paper examines the structural changes in the Yemeni economy brought about by these and other developments and identifies the reforms needed to move the country toward rapid and sustainable growth, effectively manage its oil wealth, and reduce the widespread poverty. The paper addresses the issue of poverty reduction by providing background and drawing lessons from Yemen's adjustment experience to date.

Keywords: OP; government; Yemen; policy; pins government policy; economic reform program; adjustment experience; oil sector development; employee pension plan; benefit rule; Oil; Oil prices; Commercial banks; Middle East; East Africa; North Africa; Europe; Asia and Pacific (search for similar items in EconPapers)
Pages: 122
Date: 2002-05-03
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