Oman beyond the oil horizon : policies toward sustainable growth
Author(s)
Bibliographic Information
Oman beyond the oil horizon : policies toward sustainable growth
（Occasional paper / International Monetary Fund, no. 185）
International Monetary Fund, 1999
Available at / 21 libraries
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Research Institute for Economics & Business Administration (RIEB) Library , Kobe University図書
332.042-130//185081000094499
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Library, Institute of Developing Economies, Japan External Trade Organization図
MEMK||338.92||O114457006
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Note
Includes bibliographical references and index
Description and Table of Contents
Description
Over the last two decades Oman has experienced persistent growth in non-oil GDP, financial stability, confidence in the economy and a stable currency, despite severe external terms-of-trade shocks resulting from sharply lower crude oil export prices in the 1980s and early 1990s. However, this performance, supported in part by an expansionary fiscal policy, has had its cost. The purpose of this study is to contribute to a better understanding of developments in the Omani economy since 1980 and of the policy challenges the government faces in the medium term, including the potential structural impediments to growth.
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