The analysis and projections contained in the World Economic Outlook are integral elements of the IMF’s surveillance of economic developments and policies in its member countries, of developments in international financial markets, and of the global economic system. The survey of prospects and policies is the product of a comprehensive interdepartmental review of world economic
Read MoreAl-Sistani’s lectures were attended by hundreds of students, many of whom became leading Shiite jurists in the Arab world The grand ayatollah’s outsized persona among Muslims and the world at large will loom large over his successor DUBAI: Besides Pope Francis and the Dalai Lama, few religious leaders today command as much respect among Muslims and non-Muslims alike a
Read MoreMany Iraqis are disillusioned with their unaccountable political system, which deprives them of basic services and fundamental standards of living. On October 10, Iraqis head to the polls in their country’s sixth election since regime change in 2003. Despite the promises of democracy, many Iraqis have become disillusioned with their political system, which deprives them of b
Read MoreIntroduction The Federal 2021 budget has been prepared by MOF and has been submitted to the council of ministers (COM), at the beginning of the budget year (January 2021). The COM has discussed and approved the draft budget and submitted to the council of representatives (COR), for further discussion and final approval. It has been taken about four months for the COR to comple
Read MoreAbstract This paper aims, on the one hand, to investigate the impact of corruption on economic diversification in 11 oil-abundant Middle East and North Africa (MENA) countries and three successful diversifiers (Canada, Norway, and Malaysia) over the period 1996-2019. This is done using the Arellano-Bond difference Generalized Method of Moments (GMM) estimator that is effective
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