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Economics

Jordan’s Economy Weathers Iran War’s Shocks and Finds New Opportunities
  • Analysis
  • Jordan’s Economy Weathers Iran War’s Shocks and Finds New Opportunities

    In the summer of 2003, King Abdullah II told Bloomberg Jordan sits “between Iraq and a hard place,” a play on words designed to describe the kingdom’s challenging environment to an American audience amid the US-led Iraq war to the east and the lingering Palestinian-Israeli conflict to the west. Jordan is grappling with a much “harder place” today.

    Gulf Political Economy: The Cost of Accommodating Iran
  • Analysis
  • Gulf Political Economy: The Cost of Accommodating Iran

    There may be no near-term resolution to the conflict between the United States, Israel, and Iran. The cease-fire and memorandum of understanding (MoU) signed on June 18  have broken down, there is little diplomatic engagement, and new flare-ups in early September indicate a further round of escalation. Gulf states may have no choice but to protect their assets and populations while trying to deter Iran by finding mechanisms of both containment and accommodation.

    Gulf Energy Markets: The Region’s Edge Will Survive — At a Price
  • Analysis
  • Gulf Energy Markets: The Region’s Edge Will Survive — At a Price

    Across the Gulf, views differ widely on how the Iran war can and should end, and what the region will look like once it does. Yet on the crisis over the closure of the Strait of Hormuz, the view is near-unanimous that a repeat is not only possible but likely. That expectation, more than any single incident over the past year, is becoming a major driver of decision-making in industry and policy circles alike.

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    Monday Briefing: US IRGC terrorist designation and the view from Tehran
  • Analysis
  • Monday Briefing: US IRGC terrorist designation and the view from Tehran

    In this week’s Monday Briefing, MEI experts Alex Vatanka, Emadeddin Badi, Yousef Munayyer, Randa Slim, and Shahrokh Fardoust provide analysis on recent and upcoming events including the IRGC’s designation as a terrorist group, the battle for control of Tripoli in Libya, the impact of Israel’s elections on the Palestinian crisis, Iraqi PM Abdul-Mahdi’s first official visit to Iran, and the spring meetings of the World Bank and IMF in DC.

    Can Saudi Arabia become a tourism destination?
    Saudi Arabian King Salman bin Abdulaziz Al Saud (2nd R) and Crown Prince and Defense Minister of Saudi Arabia Mohammad bin Salman al-Saud (R) attend the opening ceremony of the Qiddiya project, which is planned to be Saudi Arabia's biggest cultural, sports and entertainment site, in Riyadh, Saudi Arabia on April 28, 2018.
  • Analysis
  • Can Saudi Arabia become a tourism destination?

    As Saudi Arabia explores options for diversifying the economy beyond petroleum export, family-friendly tourism may be the Kingdom’s new frontier.

    April 5, 2019

    Invincible no more? Turkey’s Erdogan suffers election defeat
    People wait outside of the Republican People's Party (CHP) Headquarters after voting ended for the local elections in Ankara, Turkey on April 01, 2019.
  • Analysis
  • Invincible no more? Turkey’s Erdogan suffers election defeat

    25 years ago, Turkish Islamists’ march to power began in the country’s capital, Ankara, and its largest city, Istanbul, when the ruling Justice and Development Party’s predecessor, the Welfare Party, captured the two municipalities. The loss of these cities in Sunday’s local elections could well mark the beginning of their descent.

    Monday Briefing: Too little too late in Algeria?
  • Analysis
  • Monday Briefing: Too little too late in Algeria?

    In this week’s Monday Briefing, MEI experts Robert S. Ford, Mirette F. Mabrouk, Nathan Stock, Marvin G. Weinbaum, and Jean-François Seznec provide analysis on recent and upcoming events including the government shakeup in Algeria, Egyptian President el-Sissi’s visit to Washington, rocket attacks from Gaza, Imran Khan’s war against poverty, and a $69 billion merger between Saudi Arabia’s oil and chemical giants.

    Turkey’s election: Wins and illusions
    President of Turkey and the leader of Turkey's ruling AK Party Recep Tayyip Erdogan delivers a speech during a campaign rally for March 31 local elections in Gaziosmanpasa district of Istanbul, Turkey on March 16, 2019.
  • Analysis
  • Turkey’s election: Wins and illusions

    Turkey’s municipal elections are in fact not local but a national referendum on the continued rule of President Recep Tayyip Erdogan. With his complete domination of every aspect of Turkey’s politics and media, as well as military, judicial, and educational institutions, it would be foolish to underestimate his ability to emerge a winner on March 31.

    Saudi crown prince’s Asia trip showcases checkbook diplomacy and a more assertive foreign policy
    Saudi Crown Prince Mohammed bin Salman walks next to Indian Prime Minister Narendra Modi upon arriving at the airport in New Delhi on February 19, 2019.
  • Analysis
  • Saudi crown prince’s Asia trip showcases checkbook diplomacy and a more assertive foreign policy

    Saudi Crown Prince Mohammed bin Salman has wrapped up another round of checkbook diplomacy, showering up to $100 billion on Pakistan, India, and China during his visit to the three countries in late February. The trip was important for another reason as well: It showcased a new Saudi strategy of playing a more assertive foreign-policy role far beyond the Middle East.

    March 13, 2019

    Monday Briefing: Iran's Rouhani heads to Baghdad
  • Analysis
  • Monday Briefing: Iran's Rouhani heads to Baghdad

    In this week’s Monday Briefing, MEI experts Randa Slim, Robert S. Ford, Marvin G. Weinbaum, James P. Farwell, Emadeddin Badi, Guney Yildiz, and Jean-François Seznec provide analysis on recent and upcoming events including Iranian President Hassan Rouhani’s visit to Baghdad, reconstruction efforts in Syria, the crackdown on militant Islamists in Pakistan, Iran’s cyber attack capabilities, upcoming elections in Libya, Turkish-Egyptian tensions, and Qatar’s $12B loan from bond markets.

    Finding a way forward in the Baghdad-Erbil oil dispute
    A view of the Erbil oil refinery on November 17, 2016.
  • Analysis
  • Finding a way forward in the Baghdad-Erbil oil dispute

    Disagreements between Baghdad and the Kurdistan Regional Government over oil policy have been one of Iraq’s most stubborn problems. Resolving this issue would allow for better development of natural resources, generate more revenue that’s badly needed for reconstruction, and might potentially deflate competing claims to disputed territories.

    March 6, 2019

    Monday Briefing: Egypt hosts first EU-Arab League summit
  • Analysis
  • Monday Briefing: Egypt hosts first EU-Arab League summit

    In this week’s Monday Briefing, contributors Mirette F. Mabrouk, Gerald Feierstein, Marvin G. Weinbaum, Przemysław Osiewicz, Grace Wermenbol, and W. Robert Pearson provide analysis on recent and upcoming events including the EU-Arab League summit, the progress in US-Taliban talks, challenges to Israeli Prime Minister Benjamin Netanyahu’s power, consequences of the Kashmir attack, and Turkey’s next steps in Syria.

    Weekly Briefing: MBS South Asia swing aims to shore up relations
  • Analysis
  • Weekly Briefing: MBS South Asia swing aims to shore up relations

    In this week’s briefing, MEI experts Gerald Feierstein, Charles Lister, Marvin G. Weinbaum, and W. Robert Pearson provide analysis on Saudi-Pakistan relations, Turkish politics in the lead-up to March municipal elections, and the question of what to do with ISIS prisoners after the group’s territorial collapse.

    Iran’s economic challenges reach a crisis point
  • Analysis
  • Iran’s economic challenges reach a crisis point

    In this week’s Monday Briefing, MEI experts Ahmad Majidyar, Mirette F. Mabrouk, and Hassan Mneimneh provide analysis on recent and upcoming events including the 40th anniversary of Iran’s Islamic Revolution, a proposal for constitutional amendments in Egypt, and Iraqi PM Abdul-Mahdi’s first 100 days in office.

    Growing ties with Russia could strain Saudi-US relations
    Mohammad bin Salman and Vladimir Putin at the G20
  • Analysis
  • Growing ties with Russia could strain Saudi-US relations

    With more of their geopolitical goals aligning, ties between Riyadh and Moscow are growing closer, and the kingdom plans to invest billions of additional dollars in Russian petroleum and other projects.

    February 5, 2019

    China’s Belt and Road Initiative and Turkey’s Middle Corridor: A Question of Compatibility
    (Photo by Mehmet Ali Ozcan/Anadolu Agency/Getty Images)
  • Analysis
  • China’s Belt and Road Initiative and Turkey’s Middle Corridor: A Question of Compatibility

    Turkey’s “Middle Corridor” (MC) and China’s “Belt Road initiative” (BRI) are two grand schemes that envisage trans-continental integration. These two ambitious initiatives have been developed independently of one another. However, are they compatible?

    January 29, 2019

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