01597cas a2200241 a 4500 AALejournalIMF020418 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498339711 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. Gulf Cooperation Council (GCC) : Economic Prospects and Policy Challenges for the GCC Countries. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (22 pages) Policy Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The already sluggish global recovery has suffered new setbacks and uncertainty weighs heavily on prospects. The euro area crisis intensified in the first half of 2012 and growth has slowed across the globe, reflecting financial market tensions, extensive fiscal tightening in many countries, and high uncertainty about medium-term prospects. Activity is forecast to remain tepid and bumpy, with a further escalation of the euro-area crisis or a failure to avoid the 'fiscal cliff' in the United States entailing significant downside risk. Mode of access: Internet Policy Papers; Policy Paper ; No. 2012/093 Full text available on IMF http://elibrary.imf.org/view/journals/007/2012/093/007.2012.issue-093-en.xml IMF e-Library