United Arab Emirates : 2009 Article IV Consultation; Staff Report; Public Information Notice; and Statement by the Executive Director for United Arab Emirates.

The United Arab Emirates (UAE) was adversely affected by a series of external and domestic shocks in 2009, including the global economic slowdown, the shutdown of international capital markets, and the impact of the bursting Dubai property bubble in mid-2008. Oil receipts plummeted, global trade and...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Staff Country Reports; Country Report ; No. 2010/042
Acceso en liña:Full text available on IMF
Descripción
Summary:The United Arab Emirates (UAE) was adversely affected by a series of external and domestic shocks in 2009, including the global economic slowdown, the shutdown of international capital markets, and the impact of the bursting Dubai property bubble in mid-2008. Oil receipts plummeted, global trade and logistics contracted, as did property and construction activities. Executive Directors have welcomed the ongoing engagement with Dubai World's creditors and stressed the importance of a speedy, orderly, cooperative, and predictable approach to debt restructuring.
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Descrición Física:1 online resource (67 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students