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United Arab Emirates: 2005 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the United Arab Emirates

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  • International Monetary Fund

Abstract

The 2005 Article IV Consultation for the United Arab Emirates reports that the prices in real estate and stock markets, have soared aided by stronger economic fundamentals and investor optimism. An outward-oriented development strategy and prudent financial policies have resulted in impressive economic growth over the years. Economic diversification has advanced rapidly, underpinned by an increasing role of the private sector. There is a need for full rationalization and consolidation of the regulatory oversight related to the capital markets and nonfinancial bank intermediaries.

Suggested Citation

  • International Monetary Fund, 2005. "United Arab Emirates: 2005 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the United Arab Emirates," IMF Staff Country Reports 2005/269, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2005/269
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    Cited by:

    1. Castillo, Leopoldo Laborda & Guasch, Jose Luis, 2012. "Overdraft facility policy and firm performance : an empirical analysis in eastern European Union industrial firms," Policy Research Working Paper Series 6101, The World Bank.
    2. Eduardo Wiesner, 2008. "The Political Economy of Macroeconomic Policy Reform in Latin America," Books, Edward Elgar Publishing, number 12913.
    3. Saungweme, Talknice & Odhiambo, Nicholas M, 2019. "Sovereign debt and economic growth in Zimbabwe: Amultivariate causal linkage," Working Papers 25680, University of South Africa, Department of Economics.

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