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Economics

The India-Middle East-Europe Economic Corridor
  • Backgrounder
  • The India-Middle East-Europe Economic Corridor

    The India-Middle East-Europe Economic Corridor (IMEC) is a proposed multinational infrastructure initiative aimed at upgrading connectivity between the three regions through integrated trade, energy, and digital networks. Announced at the G20 summit in New Delhi in September 2023, IMEC is envisioned partially as a counterweight to China’s international infrastructure project, the Belt and Road Initiative.

    June 3, 2026

    Syria’s New Investment Law and the Return of State-Mediated Market Access
  • Analysis
  • Syria’s New Investment Law and the Return of State-Mediated Market Access

    As Syria moves toward reconstruction, the country’s new authorities have already made a consequential decision about who will control the postwar economy. Last June, President Ahmed al-Sharaa enacted Investment Law 114 by presidential decree, granting sweeping and permanent concessions to investors. Yet rather than make those incentives broadly accessible, the law preserves the country’s longstanding model of state-mediated market access.

    May 21, 2026

    MENA Energy Recap, Q1-2026: Four Lessons From the Return of Tail Risk
    Photo by Elke Scholiers/Getty Images
  • Report
  • MENA Energy Recap, Q1-2026: Four Lessons From the Return of Tail Risk

    This is a special edition of the MENA Energy Recap — a quarterly review of key energy developments that took place in the region from January through March of 2026 and what they signal in the months ahead. For Q1-26, the recap considers some of the long-term implications of the ongoing war in the region, which have caused the largest energy supply disruption in history, and what lessons these events hold for both near- and long-term energy dynamics in both the Middle East and the wider world.

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    The sky is sliding: Why and how the Lebanese avoided catastrophe and aggravated challenges over time
    A Lebanese protester gestures at riot police guarding a road leading to parliament in central Beirut on January 19, 2020 amid ongoing anti-government demonstrations. (Photo by PATRICK BAZ / AFP) (Photo by PATRICK BAZ/AFP via Getty Images)
  • Analysis
  • The sky is sliding: Why and how the Lebanese avoided catastrophe and aggravated challenges over time

    Lebanon’s in trouble and the Lebanese may soon face the real reckoning that they’ve thus far avoided. Having bought time they’ve increasingly needed with money they’ve increasingly lacked, but somehow conjured, they’re running out of both. Its leaders must act, soon, to avoid a complete catastrophe. And, whether avoiding or coping with collapse, the Lebanese must well and truly consider how to shape a better future.

    January 21, 2020

    Turkey’s westward energy shift
    President of Turkey Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin (not seen) attend the opening ceremony of TurkStream natural gas pipeline project, at Halic Congress Center in Istanbul, Turkey on January 08, 2020.
  • Analysis
  • Turkey’s westward energy shift

    On Jan. 8, Turkey inaugurated the TurkStream natural gas pipeline from Russia, seemingly deepening Ankara’s ties with Moscow. However, a fuller analysis of Turkey’s current energy policies and consumption trends indicate a dramatic shift westward, away from Russia and Iran.

    January 15, 2020

    China’s growing role in the Middle East
    China's President Xi Jinping (R) welcomes Egypt's President Abdel Fattah el-Sisi at the Second Belt and Road Forum.
  • Analysis
  • China’s growing role in the Middle East

    While the world is engaged in an ongoing discussion about the ramifications of the trade war between Washington, DC and Beijing, the economies of the Middle East are shifting away from their longstanding ties with the U.S. toward economically powerful China. This may have long-term implications for economic and political dynamics in the region.

    January 9, 2020

    Georgia: European aspirations, Middle Eastern realities
    Turkey's President Recep Tayyip Erdogan (R) and Georgia's Prime Minister Giorgi Gakharia (L) hold a joint press conference at the Presidential Complex in Ankara on October 31, 2019.
  • Analysis
  • Georgia: European aspirations, Middle Eastern realities

    Since regaining its independence nearly three decades ago, European aspirations have been a central part of Georgia’s political agenda and identity. But the reality is more complicated and Georgia is, in a meaningful sense, part of both greater Europe and the greater Middle East.

    January 7, 2020

    The future of the UK’s relationship with the Maghreb
    Algerian protesters wave national flags during an anti-government demonstration in the capital Algiers, on December 20, 2019.
  • Analysis
  • The future of the UK’s relationship with the Maghreb

    The UK’s impending exit from the EU will present a new chapter for British interests in and posture toward the region. If the UK is to find a trade-off for loss of diplomatic and economic heft, it will need to re-prioritize its engagement efforts. Policy continuity toward Morocco and Tunisia appears inevitable; Algeria, in contrast, promises great opportunity for an evolving relationship.

    January 6, 2020

    Stalemate and violence in Israel-Palestine
    Palestinians wave national flags as they march in the streets of the occupied West Bank city of Ramallah, calling for the cessation of divisions between Fatah and Hamas and the unification of the West Bank and Gaza Strip, on January 12, 2019.
  • Commentary
  • Stalemate and violence in Israel-Palestine

    Holding long overdue elections for the Palestinian presidency and the legislative arm of the Palestinian Authority could be a step toward redressing the Fatah-Hamas conflict.

    January 6, 2020

    Expect the expected: The new EU high representative and the MENA region
    MADRID, SPAIN - 2019/02/28: Josep Borrell, Spain's foreign minister, speaks about situation with Venezuela during a press briefing in Palacio de Viana. (Photo by Marcos del Mazo/LightRocket via Getty Images
  • Analysis
  • Expect the expected: The new EU high representative and the MENA region

    Spain’s foreign minister, Josep Borrell Fontelles, became the EU’s high representative for foreign affairs and security policy on Dec. 1. Borrell’s comments on EU foreign policy have often been controversial, and he has been highly critical of the union’s diplomatic actions in the past. What might this mean for EU-MENA affairs? What are Borrell’s views on key regional issues, such as the Israeli-Palestinian conflict, relations with Iran, the situation in Syria, and migration?

    December 18, 2019

    Three uprisings in search of a better future
    An Iraqi protester chants slogans during a demonstration against state corruption, failing public services and unemployment at Tayaran square in Baghdad on October 2, 2019.
  • Analysis
  • Three uprisings in search of a better future

    The three uprisings in Iran, Iraq, and Lebanon represent the revolt of a new generation seeking to build a better future for itself. Since 2011, there have been 11 uprisings in the Middle East and North Africa. All 11 uprisings have similar drivers: the explosive dysfunction of high demographic growth, low levels of economic development and job creation, poor government performance and services, and high levels of corruption and inequality.

    December 18, 2019

    Iraq in 2019: Protests, politics, and a struggle for power
    An Iraqi woman raises her fist as she takes part in an anti-government march in the center of the southern city of Basra on December 2, 2019.
  • Commentary
  • Iraq in 2019: Protests, politics, and a struggle for power

    The protestors are demanding a radical change of the ethno-sectarian power-sharing system put in place after the 2003 U.S. invasion of Iraq.

    December 16, 2019

    Georgia through a Middle East lens
    This aerial photograph taken on September 22, 2018, shows The River Kura (Mtkvari) in the Georgian capital Tbilisi.
  • Analysis
  • Georgia through a Middle East lens

    Given their territorial proximity, the regional actors of the Middle East have always had an interest in Georgia and the South Caucasus as a window to Europe. The collapse of the Soviet Union brought an end to Georgia’s isolation, and in the years since the country has gradually started reclaiming its historical role as a cultural and economic crossroads between Asia, the Middle East, and Europe.

    December 16, 2019

    Read the Middle East Journal

    The oldest peer-reviewed publication dedicated to the study of the modern Middle East, MEI’s flagship journal covers politics, society, and culture in the region.