Middle East Economies
Experts examine Arab Gulf oil and natural gas economies to understand the transformations occurring within those nations, their regional influence, and foreign investment strategies.
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Morocco's Economic Model Succeeds Where Others Fail
Morocco has made impressive headway reducing poverty over the last decade. It remains far from a perfect model, but policy makers in other Arab countries can learn from its success.
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A Lebanon Fund: What We Should Know
The possibility that Lebanon might benefit from exploiting massive off-shore natural resources in the eastern Mediterranean has provoked a debate about establishing a sovereign wealth fund to manage the accumulated revenues.
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Beyond Oil: Global Energy Security & Sovereign Wealth Funds
The uneasy yet robust energy supply and demand relationship linking the industrialized economies of the West and the oil producers of the Gulf region may be changing as both parties seek to distance themselves from what they perceive as an unhealthy dependence on oil.
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Trading High Unemployment for Bad Jobs: Employment Challenges in the Maghreb
Policy makers in Algeria, Morocco, and Tunisia should focus on improving the quality—rather than quantity—of jobs available to workers, in order to significantly improve the region’s economic outlook and global competitiveness.
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Sovereign Wealth Funds and the Santiago Principles: Where Do They Stand?
The Santiago Principles and the commitment of their sponsors—some of the biggest sovereign wealth funds—are an important test for the viability of new forms of global governance.
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Corporate Capital Structure Choices in MENA: Empirical Evidence from Non-Listed Firms in Morocco
A multi-decade survey of Moroccan manufacturing firms reveals the rationale behind their financial choices and provides the basis for an assessment of the severity of the financial constraints they face.
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Reducing Poverty in the Arab World: Successes and Limits of the Moroccan Experience
Morocco recorded an impressive decline in monetary poverty over the last decade, and compared to other Arab countries, Morocco's trends are remarkable and deserve a deeper investigation to draw policy lessons.