Global Macro Monitor

A monthly independent outlook on the global economy and potential impact of global macroeconomic change

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Global Macro Monitor

Latest Global Macro Monitor Analysis

Economic Analysis - Fiscal And Monetary Tightening To Hit GCC Growth - DEC 2015

The six economies of the GCC are set to face tighter fiscal and monetary conditions from 2016 onwards. A downward drag on economic growth is inevitable. That said, the Gulf's large financial buffers, still-solid growth drivers in most countries, and efforts to attract greater private investment will help to mitigate the impact of the oil price slump.