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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
Call for Proposals: ERF 25th Annual Conference: “Research Networks, Knowledge and Development Policy”
SUBMISSION DEADLINE: July 27, 2018 The ERF Annual Conference provides a unique opportunity for regional researchers to interact with international peers and with each another. It also provides a venue for the presentation of multiple research papers, both in the... Read More
EMPLOYMENT CREATION THROUGH INDUSTRIAL POLICY IN THE MIDDLE EAST AND NORTH AFRICA
Lack of productive employment is one of the most pressing challenges of countries in the Middle East and North Africa (MENA). No other region in the world has such high rates of unemployment and underemployment. Policy makers across the region... Read More
The new normal in the global economy: challenges for MENA
By Ibrahim Elbadawi ERF’s annual conference has become the premier regional event for economists of the Middle East. This column previews the 2018 conference, to be held in Cairo in July, where the main theme will be the challenges for... Read More
