Update on the Impact of the Global Financial Crisis on Arab Countries World Bank

Update on the Impact of the Global Financial Crisis on Arab Countries
World Bank - February, 2009
Most Arab countries are already experiencing decline in export growth as a result of global economic downturn and/or lower oil prices. However, the economic impact of global slowdown will vary, depending upon initial fiscal and external account positions, as well as the degree of economic integration with highly impacted regions.

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