Author/Editor: Genevieve Verdier, Brett Rayner, Priscilla S Muthoora, Charles Vellutini, Ling Zhu, Vincent de Paul Koukpaizan, Alireza Marahel, Mahmoud Harb, Imen Benmohamed, Shafik Hebous, Andrew Okello, Nathalie Reyes, Thomas Benninger, Bernard Sanya.

Release Date:July, 2022

Domestic revenue mobilization has been a longstanding challenge for countries in the Middle East and Central Asia. Insufficient revenue has often constrained priority social and infrastructure more...

Author/Editor: Tokhir N Mirzoev, Ling Zhu, Yang Yang, Tian Zhang, Erik Roos, Andrea Pescatori, Akito Matsumoto.

Release Date:February, 2020

The oil market is undergoing fundamental change. New technologies are increasing the supply of oil from old and new sources, while rising concerns over the environment are seeing the world gradually more...

Author/Editor: Olumuyiwa S Adedeji, Erik Roos, Sohaib Shahid, Ling Zhu.

Release Date:December, 2019

This paper provides empirical evidence that the size of the spillovers from U.S. monetary policy to non-oil GDP growth in the GCC countries depends on the level of oil prices. The potential channels more...

Author/Editor: Tokhir N Mirzoev, Ling Zhu.

Release Date:May, 2019

We examine the existing fiscal policy paradigm in commodity-exporting countries. First, we argue that its centerpiece—the permanent income hypothesis (PIH)—is not consistent with either more...

Author/Editor: Olumuyiwa S Adedeji, Sohaib Shahid, Ling Zhu.

Release Date:December, 2018

This paper examines real and financial linkages between Saudi Arabia and other GCC countries. Growth spillovers from Saudi Arabia to Bahrain are found to be sizeable and statistically significant, more...