United Arab Emirates : Selected Issues.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Middle East and Central Asia Dept.

Series:

IMF Staff Country Reports; Country Report ; No. 2025/328

IMF Staff Country Reports

Language:

English

Physical Description:

1 online resource (39 pages)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2025.

Summary:

This Selected Issues paper examines United Aram Emirate’s (UAE) economic and financial resilience. The economy has demonstrated broad resilience to global policy changes, including US dollar and interest rate movements, and volatility surges. Even though closer global integration has increased exposure to shifts in external conditions, the UAE has continued to demonstrate strong financial and economic resilience. This includes broad resilience to external shocks, including movements in the US dollar, interest rates, and global volatility, with limited pass-through to domestic activity. Financial markets and capital flows have been less affected by global shocks than the regional peers and other emerging markets, reflecting strong investor confidence. The transmission of US monetary policy to domestic credit and growth has been limited in recent years, particularly during tightening cycles which coincided with periods of ample liquidity in the UAE. The impact of global and regional uncertainty on trade and tourism appears contained, with resilience further supported by expanding Comprehensive Economic Partnership Agreements and ongoing diversification efforts.

Notes:

Description based on print version record.

ISBN:

9798229031509