Middle East Economic Survey

VOL. XLVII

No 23

07-June-2004

BUDGETS AND REVENUES

IMF Paper Examines Rising Unemployment Problem In GCC States

A paper published by the International Monetary Fund (IMF) entitled Emerging Strains in GCC Labor Markets finds that an effective labor strategy designed to hire nationals in the regions non-oil sector should focus on strengthening investment in human capital, adopting institutional reforms, and promoting a vibrant non-oil economy. The paper, published in...