The Political Economy of Monetary Policy in Resource-Rich Arab Economies

Politics is a central dimension of macroeconomic policy, which makes policy choices partly determined by political choices. This project explores to what extent political institutions have affected macroeconomic policy (fiscal, financial and monetary) , and through which channels, in the case of Arab resource-rich economies, which have so far shown resilience to shocks owing to the their deep pockets rather than sound institutions.

The Political Economy of Monetary Policy in Resource-Rich Arab Economies

Adeel Malik

Globe Fellow in the Economies of Muslim Societies at the Oxford Centre for Islamic Studies and an Associate Professor in Development Economics at the University of Oxford