في السنوات القليلة الماضية، أصبح الدين العام الأردني مصدر قلق سياسي كبير للحكومة والمجتمع الدولي والمانحين الرئيسيين الذين يدعمون عمّان. فقد ارتفع الدين العام بشكل كبير خلال السنوات الخمس عشرة الماضية، مما أثار العديد من التساؤلات حول مستقبل الاستقرار الاقتصادي الكلي في الأردن، وقدرة الحكومة على تمويل مشاريع التنمية.
Joining the pieces together: Toward a comprehensive EU maritime approach for the Northwestern Indian Ocean, Persian Gulf, and Red Sea
Until recently, the EU has favored a piecemeal approach toward the Northwestern Indian Ocean, the Gulf, and the Red Sea, despite their close interdependence and inter-connectedness in the security, political, and economic realms. But the EU is now signaling a growing desire to steer its naval policy toward a more holistic and organic process, creating an opportunity for Brussels to become a more relevant security actor in the waters off the Arabian Peninsula.
As fighting in Sudan rages, Russia’s primary goal is to ensure authoritarian rule
Although Russia has vested interests in the Burhan-Hemedti conflict, it is unlikely to actively pursue a blanket destabilization strategy in Sudan. Instead, it is likely to balance close ties with both warring parties and continue actively opposing a democratic transition in Sudan.
When Saudi Arabia suddenly announced in early April that it would reduce its oil production by 500,000 bpd, followed shortly thereafter by several other OPEC+ members, bringing the total cut to 1.1 million bpd, Japan was greatly concerned. In spite of Japan’s serious efforts to work toward a carbon-neutral society, the country is still heavily dependent on oil, the overwhelming majority of which comes from the Persian Gulf.
The road to Marrakech: US-China tensions loom over IMF/WB spring meetings
Last week’s spring meetings of the IMF and World Bank in Washington, D.C., were an important occasion for financial and economic leaders from the MENA region to meet with their counterparts from these IFIs and major bilateral donor countries. At the same time, they serve as a lead up to the important Annual Meetings that will be held in Marrakech, Morocco, in the fall — the first time they will be hosted by an Arab or African country.
الشرق الأوسط وأفريقيا: تباطؤ النمو وارتفاع أسعار المواد الغذائية يشكلان تحديات أمام رأس المال البشري
قد يكون التقرير الاقتصادي الإقليمي للبنك الدولي عن منطقة الشرق الأوسط وشمال أفريقيا، الصادر في 6 أبريل 2023، نذيراً بانقسام حاد، سواء داخل المنطقة، مع مسارها الاقتصادي غير المتكافئ والعقبات التي تعترض تنمية رأس المال البشري، أو على الصعيد العالمي، في شكل انقسام بين مصدري الطاقة ومستورديها.
Passover, Ramadan, and Easter coincide this year, a phenomenon that only occurs a few times a century. The alignment of these Jewish, Muslim, and Christian holy days comes at a time when dialogue between the three faiths offers a glimmer of hope for a conflict-stricken Middle East.
Small-scale LNG as a solution for Saudi Arabia’s environmental and fuel supply problems
The development of small-scale LNG and the domestic deployment of LNG as a transport and power-generation fuel could help to lower Saudi Arabia’s carbon footprint as well as improve air quality by reducing vehicle exhaust.
Qatar doubles down on LNG amid energy market volatility
The oil and gas sector has been the dominant driver of Qatar’s economy. Over the years, although that sector has remained the major focus of Qatari investments, the emphasis has increasingly shifted towards the expansion of the country’s gas production and LNG export capacity. While the construction boom ahead of the 2022 FIFA World Cup powered the Qatari economy in recent years, income generated by the expansion of the country’s LNG production and export capacity is likely to drive the economy for many years to come — both despite and partly because of the market turmoil caused by the fallout from Russia’s invasion of Ukraine in February 2022.
Missed opportunities: The billions sacrificed annually to generate electricity in the GCC
The GCC governments still cover over 40% of the cost of domestic electricity production. Yet, electricity subsidy bills alone do not reflect the full extent of their economic losses. Once the forgone revenues from the export of natural gas and oil used to meet rising domestic energy demand are added in, the total economic cost of the GCC’s electricity is too great to ignore.
The painful reality is that Washington’s hastily cobbled together ethno-sectarian political system for post-2003 Iraq ended up doing the opposite of what it intended. The regional domino effect was also the opposite of what the U.S. had hoped for, as Iraq became a cautionary tale that regimes could use to undermine the democratic desires of their own populations.
Economic Diversification, Energy Transition, and the Labor Market in Iraq and the Gulf
As part of a continued collaboration with the Middle East Peace and Security Forum held in Iraqi Kurdistan at the American University of Kurdistan, the Middle East Institute and the Iraq Policy Group held a workshop on Nov.15, 2022 focusing on challenges of economic diversification, energy transition, and impacts on labor markets in Iraq and the Gulf region. This report provides the insights and analyses of a select group of participants from the workshop.
