Political Economy of Macroeconomic Policy in Resource-Rich Arab Economies - Economic Research Forum (ERF)

Political Economy of Macroeconomic Policy in Resource-Rich Arab Economies

Topic: O2. Development Planning and Policy Q5. Environmental Economics P1. Capitalist Systems


Status:
completed Project


This paper aims at understanding how the nature and evolution of political institutions have shaped macroeconomic institutions and monetary and fiscal policies in oil-rich populous (labor abundant) and oil-rich non-populous (labor importing) Arab economies. The study focuses on the political-economic determinants of macroeconomic policy such as sectoral interests, rentier states, governance and the need to attract international capital inflows.

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