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Dilemmas of public policy in resource-rich countries
By Hamid Mohtadi Large endowments of natural resources can be both a blessing and a curse: the key to having them be the former rather than the latter lies in good institutions that limit the power of interest groups and kleptocrats..more
Investment climate and firms’ exports in Egypt: when politics matters
By Nora Aboushady and Chahir Zaki Despite significant reforms taken by the Egyptian government to liberalise markets and enhance the business environment, political factors continue to affect firms’ capacity to export. This column reports research on..more
Informality during political turmoil: evidence from the Arab Spring
By Ahmed Elsayed and Jackline Wahba How was the balance between Egypt’s formal and informal economies affected by the political turmoil that accompanied the Arab Spring? This column reports research showing that the number of jobs with no contract or... Read More
Capital raising in the Arab world
By Juan Jose Cortina , Sergio Schmukler and Soha Ismail How do firms in Arab countries use equity, corporate bond and syndicated loan markets to obtain finance? This column reports research that provides a first..more
Education gains through compulsory schooling: evidence from Turkey
By Meltem Diyagolu , Murat Kirdar and İsmet Koç A policy reform in Turkey in 1997 extended the length of compulsory schooling from five to eight years, a measure that involved substantial public investment in school infrastructure. This column reports research... Read More
The promise of Middle East sovereign wealth funds
By Alissa Amico A decade ago, Middle Eastern sovereign wealth funds (SWFs) burst onto the global financial scene, raising eyebrows as they gobbled up assets in Europe and North America. But, as this Project Syndicate column argues, the world in which... Read More
Life satisfaction in Arab countries
By Ralph de Haas and Cevat Giray Aksoy How do people in Egypt, Jordan, Morocco and Tunisia feel about their lives? Summarising analysis of data collected in nationally representative surveys, this column highlights three core messages about their reported health, happiness... Read More
Multidimensional poverty in the poorest parts of MENA: agenda for action
By Khalid Abu-Ismail and Bilal Al-Kiswani A new measure of household poverty in the Arab countries provides the basis for tailored solutions across the region. This column reports the key findings of the first Arab Multidimensional Poverty Report and outlines an... Read More