Download or read book Policy Challenges in the Gulf Cooperation Council Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 1996-05-23 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Gulf Cooperation Council (GCC) countries face important policy challenges and opportunities. This paper covers the economic developments and policies since 1980; the impact of the GCC's external environment; the medium-term economic prospects; the broad outlines of a common adjustment and reform strategy, and the implications of adjustment in the GCC countries on the rest of the Middle East and North Africa region.