This Selected Issues paper and Statistical Appendix presents five essays examining issues in the United Arab Emirates related to the financial sector, long-term fiscal trends, fiscal sustainability, the competitiveness of the non-oil economy, and the labor market, as well as estimates of the real gross domestic income. The paper presents trends of financial soundness indicators; recent developments in the nascent equity, bond, and insurance markets; as well as progress made in implementing legislation on antimoney laundering and the combating of terrorism financing. It also assesses long-term trends and cross-Emirate variation in the fiscal structure.
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International Monetary Fund (2003) studied this question.
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