News

Corruption is unethical. But it may also have unexpectedly harmful effects on economic development, breeding negative work ethics and leading to waste and misallocation of resources, as well as adverse distribution of income and wealth. It is often associated with... Read More

The conference was closed with a panel discussion moderated by Ahmed Galal, Managing Director of the Economic Research Forum. The Panel included Abdullatif Al-Hamad, Director General and Chairman of the Arab Fund for Economic and Social Development; Ibrahim Elbadawi, Economic... Read More

At the end of the first day, I had the opportunity to interview Paul Collier, Professor of Economics, Director of the Centre for the Study of African Economies at the University of Oxford. The following issues were addressed: Given that... Read More

The third session of the conference featured two presentations while focusing on “International vs. Arab Country Experiences”. The first one was presented by Thorvaldur Gylfason, Professor of Economics at the Department of Economics - University of Iceland, on “International Experiences... Read More

Given the significant role played by institutions with respect to oil management, the last session of the conference was dedicated to discuss “Institutions in Natural Resource-Rich Economies”. Klaus Schmidt-Hebbel, Catholic University of Chile, addressed Fiscal Institutions in Resource-rich Economies while... Read More

Moderated by Hassan Hakimian, University of London, the fifth session at the “Understanding and Avoiding the Oil Curse in the Arab World” Conference featured two presentations from Ibrahim Elbadawi (Economic Policy and Research Center - EPRC, Dubai Economic Council &... Read More

The focus of the fourth and last session of day 1 was “Natural Resources and Development”. Alan Gelb, Center for Global Development, made a presentation on “Economic Diversification and the Role of Government in Resource Rich Countries”. Gelb highlighted the... Read More

Thorvaldur Gylfason, Professor of Economics at the Department of Economics - University of Iceland, was recently involved in the writing of the Constitution of Island after the 2008 crisis. With respect to oil management, Gylfason highlighted the importance of one... Read More

The second session of the conference “Understanding and Avoiding the Oil Curse in the Arab World” was dedicated to discuss “Optimal Exchange Rate Regimes and Dutch Disease in Resource-Rich Economies”. Magda Kandil, Executive Director and Director of Research, Egyptian Center for... Read More