Impact of the Global Financial Crisis on the Gulf Cooperation Council Countries and Challenges Ahead /

This paper focuses on impact of the global financial crisis on the Gulf Cooperation Council (GCC) Countries and challenges ahead. The oil price boom led to large fiscal and external balance surpluses in the GCC countries. However, it also generated domestic imbalances that began to unravel with the...

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Bibliographic Details
Main Author: Khamis, May
Other Authors: Kumah, Francis, Senhadji, Abdelhak, Sensenbrenner, Gabriel
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:Departmental Papers; Departmental Paper ; No. 2010/001
Online Access:Full text available on IMF