Yemen in the 1990s: From Unification to Economic Reform

Nada Choueiri · Klaus-Stefan Enders · Yuri Sobolev · Jan Walliser

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Natural Resources and Economic Development International Development and Aid Socioeconomic Development in MENA

Abstract

The 1990s saw the unification of the two Yemens into one nation and a burgeoning of the country's oil sector. This paper examines the structural changes in the Yemeni economy brought about by these and other developments and identifies the reforms needed to move the country toward rapid and sustainable growth, effectively manage its oil wealth, and reduce the widespread poverty. The paper addresses the issue of poverty reduction by providing background and drawing lessons from Yemen's adjustment experience to date

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References

1999The Long-Run Evolution of Energy Prices 2000Oil prices and the terms of trade 1990THE ECONOMICS OF THE GOVERNMENT BUDGET CONSTRAINT 1996Goals for social integration and realities of social exclusion in the Republic of Yemen

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2006Experience with Large Fiscal Adjustments 2007Growth in the Central and Eastern European Countries of the European Union

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