• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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2010 was a banner year for Qatar. The nation punched well above its weight over the course of the year and looks set to continue to make headlines in 2011 and beyond.
In a year when Asia was home to the fastest-growing economies in the world, Malaysia made financial sector watchers stand up and take notice on several occasions.
The year 2010 will be remembered in Abu Dhabi for the local government forging ahead with a counter-cyclical spending regime aimed at boosting the economy and buttressing the Economic Vision 2030.
As concerns over “hot money” grow in emerging markets, the scale of capital inflows into the Thai economy has led local officials to announce that they are weighing investment controls to limit appreciation pressures on the baht.
The Philippines capital markets enjoyed a flurry of activity in the closing months of the year, with a number of firms aiming to hold an initial public offering (IPO) to take advantage of the high levels of liquidity in the marketplace and the increasing momentum in the country’s economy.

Jordan’s new government has committed to strengthening the economy while also reducing debt levels, though at least to some degree its success or failure will depend on the health of regional and global economies.

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