In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are now facin
This paper takes stock of the economic performance of resource rich countries in the Middle East and North Africa (MENA) over the past forty years. While those
As part of its work to help low-income countries manage volatility, the IMF has developed an analytical framework for assessing vulnerabilities and emerging ris
As part of its work to help low-income countries (LICs) manage volatility, the IMF has recently developed an analytical framework to assess vulnerabilities and
This paper studies the impact of the level and volatility of the commodity terms of trade on economic growth, as well as on the three main growth channels: tota