Afghanistan’s economy is collapsing. The Taliban’s forceful seizure of power led to a curtailment of almost all foreign aid, a devastating development for a nation overwhelmingly dependent on international assistance. Widespread drought, pervasive corruption, the perennially inadequate use of the country’s human capital, and a population largely unvaccinated against COVID-19 have exacerbated this longstanding problem of foreign financial dependence.
Expert Views: What should be the key outcomes from COP26?
As the U.N. Climate Change Conference (COP26) kicks off in Glasgow, climate change is front and center on the global agenda. Few regions of the world have more at stake than the Middle East and North Africa, given the current environmental and sustainability challenges and potential future scenarios. Experts from across MEI weigh in with their thoughts on what should be the key outcomes from COP26.
A storm brews over the Black Sea: Turkey’s contradictory maritime policy
Turkey’s official policy supports the territorial integrity of Ukraine and Georgia, and it sells UAVs and ships to Ukraine. Yet, trade continues with the Russian-occupied territories of Abkhazia and Crimea. By allowing this illegal trade, Turkey undermines both its own credibility and its trading partners’ security. Shipped goods not only help connect occupied zones to Russia, but trade also brings hard currency into these zones, which are outside the international banking system.
Looking ahead to COP26: How recent developments could shape this year’s meeting
Next week, tens of thousands of world leaders, negotiators, scientists, business executives, activists, and observers from all over will gather in Glasgow, Scotland for the 26th United Nations Climate Change Conference, which will run from Oct. 31 to Nov. 12. Also known as the Conference of the Parties (COP), this distinguished body meets annually to make decisions regarding the implementation of the United Nations Framework Convention on Climate Change (UNFCCC), which aims to “prevent anthropogenic interference with the climate system.”
The kingdom is unlikely to achieve net zero emissions soon, but the ambition to do so, and the plan, is an impactful step in the right direction, write Jim Krane and Karen E. Young in their new piece for Al-Monitor.
The Middle East is at the center of our global energy transition and we can expect the next five to ten years to be a period of difficult transformation, but also unique opportunity for oil and gas producers.
America’s reputation and local actors in a trust vacuum
The rapid collapse of the U.S.-supported Afghan government after the withdrawal of U.S. troops raised a number of questions about America’s credibility and reputation in the eyes of its allies, especially those who had participated in and contributed to the 20-year war. Analysts and commentators have focused on how NATO member states or the European Union now perceive the U.S., but it is also important to consider the perspective of non-state groups or individuals who served or could serve as local partners for the U.S. government and military.
Cost of Conflict: An Analysis of the Costs of Russia’s Ongoing Hostilities in the Black Sea Region
Conflicts are enormously destructive. They destroy lives and property, uproot communities, and reduce the economic potential for all involved. This devastation often has an unaccounted cost, both in terms of the obvious direct destruction of lives and assets, as well as the indirect costs that weigh on economies, often for years to come. This is true of all conflicts, and has certainly been true, and visible, during Russia’s unjustified and illegal invasions of its neighbors, Georgia and Ukraine.
Overcoming unemployment in Jordan: The need for evidence-based policies
In the last few years, it has become conventional wisdom that unemployment is Jordan’s most pressing challenge. While King Abdullah himself has stressed on many occasions that reducing unemployment is a top priority, the number of unemployed is still on the rise. This problem can be overcome with evidence-based active labor market policies, which are lacking in Jordan.
Thinking MENA Futures: The Next Five Years and Beyond
The Middle East and North Africa (MENA), for a variety of reasons, are unrivaled in their need for bold, creative thinking about their future. But that is precisely why creative thinking about the future of the region — why strategic foresight — is essential. Produced in conjunction with MEI’s Strategic Foresight Initiative, Thinking MENA Futures aims to map out some of the possible futures for the region, as envisioned by thoughtful innovators working today to realize them.
After three years of decline and instability, the Iranian economy has stabilized. Some of the macroeconomic indicators, especially inflation, remain worrying, but the country’s GDP has returned to marginal growth, which is a reminder that the economy has been resilient in the face of massive external and internal pressures. Experts agree that the diversity of economic activity has been the key reason for this resilience. This piece explores three potential medium-term scenarios: 1) A return to the JCPOA; 2) An interim deal that would ease the sanctions pressure; and 3) A continuation of the current sanctions regime.
Tensions between Iran and Azerbaijan are high right now but both sides will very likely soon step down. Neither Tehran nor Baku can afford to let recent events lead to a full-fledged crisis or a military showdown between the two Shi’a Muslim-majority countries. On the surface, this latest spat is about Azerbaijan’s resentment toward Iran for providing an economic lifeline through trade and transit options to its landlocked arch nemesis, Armenia. In reality, the split that underpins the ongoing Iranian-Azerbaijani tensions is more about fundamental foreign policy choices that Tehran and Baku have each made and are unlikely to reverse.
Power sector reforms are new Lebanese governments’ ultimate test
The formation of a new government in Lebanon — after more than a year of political deadlock and amid an economic crisis of dizzying severity — is a positive development. The scale of Lebanon’s economic challenges, however, requires a new government capable of breaking with its predecessors’ deliberate inaction. It necessitates strong and genuine political leadership, will, and action to tackle the country’s many pressing challenges, especially in its dysfunctional energy sector.
