Maria Gonzalez-Miranda is the Deputy Division Chief of the Central America Division of the IMF’s Western Hemisphere Department (WHD). In the IMF, she previously held a number of positions in both WHD and the Fiscal Affairs Department, participating in the design and monitoring of programs for countries in Latin America, Eastern Europe, and Africa, as well as in the Regional Studies Division […]
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Gaëlle Pierre is a senior economist in the Strategy, Policy and Review Department of the IMF. Since joining the IMF in 2013 she has published papers on a range of topics on the Middle East and Central Asia Region including on the macroeconomic impact of the conflict and the refugee crisis, public wage bills, promoting growth and inclusiveness and on […]
Philip Barrett is an economist in the IMF’s Research Department. Since joining the IMF in 2016 he has worked in the Fiscal Affairs Department and the Middle East and Central Asia Department, covering Afghanistan and Iran. His research interests include fiscal policy, social unrest, and climate change. He holds a PhD from the University of Chicago.
Small and medium-sized enterprises dominate the business landscape in the Middle East and North Africa region. These enterprises account for more than 90 percent of the region’s businesses and, in some countries, contribute as much as 50 percent of employment and 70 percent of GDP.
Yet they face impediments to growth, and their contribution to employment is below potential. […]
The coronavirus continues to spread. As more countries impose quarantines and social distancing, the fear of contagion and income losses is increasing uncertainty around the world.
A new measure of economic uncertainty related to pandemics and other disease outbreaks finds that uncertainty around the coronavirus is exceptionally high and is much higher than in past outbreaks.
This blog is part of a series providing regional analysis on the effects of the coronavirus.
By Jihad Azour
The impact of COVID-19 and the oil price plunge in the Middle East and the Caucasus and Central Asia has been substantial and could intensify. With three-quarters of the countries reporting at least one confirmed case […]
This blog is part of a special series on the response to the coronavirus.
In the October World Economic Outlook, we described the global economy as in a synchronized slowdown, with escalating downside risks that could further derail growth. Since then, some risks have partially receded with the announcement of a US-China Phase I trade deal and lower likelihood of a no-deal Brexit. […]