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Can the East Asian experience of growth be replicated in the MENA region?
Diaa Noureldin from the American University in Cairo participated as discussant in the first session at the ERF 24th Annual Conference. The session focused on the lessons from the Asian experience that could be useful for sustained growth in the... Read More
What can MENA learn from the East Asian experience of economic growth?
Keun Lee, Professor of Economics at the Seoul National University, was the keynote speaker in the first session of the ERF 24th Annual Conference. In his presentation, Prof. Lee focused on lessons from the Asian experience that could be useful... Read More
Time to rethink inequality in Arab states
By Khalid Abu-Ismail and Racha Ramadan There are many gaps in our understanding of trends in both money metric inequality and multidimensional inequality in Arab states. This column previews a..more
Subsidy reforms and social justice: lessons from Egypt
By Paul Makdissi For institutional and historical reasons, countries of the Middle East and North Africa have relied mostly on consumption subsidies for reducing inequality..more
Rethinking the macroeconomics of resource-rich countries
By Rabah Arezki, Raouf Boucekkine, Jeffrey Frankel, Mohammed Laksaci and Frederick van der Ploeg After years of high commodity prices, a new era of lower prices, especially for oil, will be challenging for resource-rich countries, which must cope with the decline... Read More
A moonshot for MENA: laying the groundwork for a modern digital economy
By Rabah Arezki and Hafez Ghanem A new economic reality is needed in the Middle East and North Africa (MENA). This column proposes a ‘moonshot’, which, like the US effort to land a man on the moon in the 1960s, can... Read More
Iran: the nuclear deal, currency depreciation and inflation
By Ida Mirzaie and Magda Kandil Iran’s currency has once again fallen against the dollar following the US withdrawal from the nuclear deal. This column explores the inflationary impact of speculative attacks on the rial..more
Liberalising road transport markets between Turkey and Europe
By Subidey Togan The routes that connect Turkey to its most important trading partners in Europe are governed by a system of road transport quotas, which has a significantly negative effect on the country’s exports..more
Poverty reduction efforts in Iran: the wrecking force of inflation
By Ali Enami and Nora Lustig Iran’s universal cash transfer (UCT) programme plays an important role in fighting poverty. But as this column shows, its real value and impact on the country’s poorest people has diminished..more