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It Takes Two Functioning Cylinders to Operate the Macroeconomic Locomotive
The Fiscal-Monetary Interdependence in Oil-Dependent Arab Economies This blog is written by Ibrahim Elbadawi, director of the Macroeconomics Research and Forecasting Department at the Dubai Economic Council and Research Fellow at ERF As part of the ERF research theme on... Read More
Don’t Blame the Abundance of Oil!
Kamiar Mohaddes, ERF Research Fellow and Senior Lecturer and Fellow in Economics at Girton College, University of Cambridge, UK. According to the resource curse paradox, abundance of oil (natural gas, minerals and other non-renewable resources) is believed to be an important determinant... Read More