Matches in SemOpenAlex for { <https://semopenalex.org/work/W2902523708> ?p ?o ?g. }
Showing items 1 to 65 of
65
with 100 items per page.
- W2902523708 endingPage "62" @default.
- W2902523708 startingPage "1" @default.
- W2902523708 abstract "The near-tripling of oil prices from their trough in January 2016, to nearly 80 US dollars per barrel in early October 2018, has spurred a recovery in the GCC economies, following three years of persistent weakness. Additional support has come from rising oil production, and a slower pace of fiscal consolidation as government revenues have increased. Saudi Arabia emerged from recession in the first quarter of 2018 and Ku-wait, in the second quarter. The United Arab Emirates, Qatar, Oman and Bahrain posted positive economic growth rates in the first half of the year. Higher energy prices and rising oil production are also helping the GCC countries to narrow large fiscal and external deficits, which had emerged in the wake of the 2014 oil shock. On aggregate, the region is expected to post growth of 2.0 percent in 2018, following a contraction of 0.3 percent in 2017 (the first such contraction in over a decade). Looking further ahead, growth is expected to reach 2.7 percent in 2020, as high energy prices and the expiration of the OPEC agreement bolster government revenues, support higher government spending and lift domestic sentiment and activity. External and fiscal imbalances are also expected to narrow, with Saudi Arabia and the UAE achieving near fiscal balance by 2020 and, along with Qatar and Kuwait, returning to cur-rent account surpluses during 2018-20. This positive outlook is underpinned by an upward revision of our oil price forecasts from 60 US dollars a barrel for 2019-20 (in the February 2018 issue of the Gulf Economic Monitor) to 72 US dollars a barrel for that time period. Projections also assume that GCC countries will persevere with important structural reforms initiated in recent years." @default.
- W2902523708 created "2018-12-11" @default.
- W2902523708 creator A5025245444 @default.
- W2902523708 creator A5074802216 @default.
- W2902523708 date "2018-11-01" @default.
- W2902523708 modified "2023-09-27" @default.
- W2902523708 title "Staying the Course on Reforms – In Focus : Water for Prosperity and Development" @default.
- W2902523708 hasPublicationYear "2018" @default.
- W2902523708 type Work @default.
- W2902523708 sameAs 2902523708 @default.
- W2902523708 citedByCount "0" @default.
- W2902523708 crossrefType "journal-article" @default.
- W2902523708 hasAuthorship W2902523708A5025245444 @default.
- W2902523708 hasAuthorship W2902523708A5074802216 @default.
- W2902523708 hasConcept C10138342 @default.
- W2902523708 hasConcept C105639569 @default.
- W2902523708 hasConcept C13280743 @default.
- W2902523708 hasConcept C139719470 @default.
- W2902523708 hasConcept C162324750 @default.
- W2902523708 hasConcept C195487862 @default.
- W2902523708 hasConcept C195742910 @default.
- W2902523708 hasConcept C205649164 @default.
- W2902523708 hasConcept C2777461252 @default.
- W2902523708 hasConcept C2777526511 @default.
- W2902523708 hasConcept C47768531 @default.
- W2902523708 hasConceptScore W2902523708C10138342 @default.
- W2902523708 hasConceptScore W2902523708C105639569 @default.
- W2902523708 hasConceptScore W2902523708C13280743 @default.
- W2902523708 hasConceptScore W2902523708C139719470 @default.
- W2902523708 hasConceptScore W2902523708C162324750 @default.
- W2902523708 hasConceptScore W2902523708C195487862 @default.
- W2902523708 hasConceptScore W2902523708C195742910 @default.
- W2902523708 hasConceptScore W2902523708C205649164 @default.
- W2902523708 hasConceptScore W2902523708C2777461252 @default.
- W2902523708 hasConceptScore W2902523708C2777526511 @default.
- W2902523708 hasConceptScore W2902523708C47768531 @default.
- W2902523708 hasLocation W29025237081 @default.
- W2902523708 hasOpenAccess W2902523708 @default.
- W2902523708 hasPrimaryLocation W29025237081 @default.
- W2902523708 hasRelatedWork W135162733 @default.
- W2902523708 hasRelatedWork W148563371 @default.
- W2902523708 hasRelatedWork W1531848118 @default.
- W2902523708 hasRelatedWork W1553789541 @default.
- W2902523708 hasRelatedWork W1922078335 @default.
- W2902523708 hasRelatedWork W2090912386 @default.
- W2902523708 hasRelatedWork W216294884 @default.
- W2902523708 hasRelatedWork W223477942 @default.
- W2902523708 hasRelatedWork W2316002437 @default.
- W2902523708 hasRelatedWork W2506030090 @default.
- W2902523708 hasRelatedWork W2993042274 @default.
- W2902523708 hasRelatedWork W2993442123 @default.
- W2902523708 hasRelatedWork W305652542 @default.
- W2902523708 hasRelatedWork W31115320 @default.
- W2902523708 hasRelatedWork W3149111435 @default.
- W2902523708 hasRelatedWork W3151746431 @default.
- W2902523708 hasRelatedWork W321551509 @default.
- W2902523708 hasRelatedWork W773775609 @default.
- W2902523708 hasRelatedWork W211066675 @default.
- W2902523708 hasRelatedWork W216912886 @default.
- W2902523708 isParatext "false" @default.
- W2902523708 isRetracted "false" @default.
- W2902523708 magId "2902523708" @default.
- W2902523708 workType "article" @default.