The UAE offers economic opportunities to the rich and poor. For those with modest means, trying to move up the ladder often requires incurring substantial debt at the outset. That is why, according to one recent estimate, the average UAE resident owes creditors Dh41,000.
Research & Analysis
A concise monthly publication that covers the headline Bahraini economic indicators, and the most important Bahraini business, financial, and economics news.
Government regulations vary greatly in their effectiveness. In cases of ones that fail, a common theme is basing regulations on what turn out to be inaccurate models of how people respond to incentives. How can we avoid such errors when thinking about raising the minimum wage?
Government regulations vary greatly in their effectiveness. In cases of ones that fail, a common theme is basing regulations on what turn out to be inaccurate models of how people respond to incentives. How can we avoid such errors when thinking about raising the minimum wage?
The Arab World has been undergoing strategic transformations since 2011. Such changes allowed the GCC states to play a major regional role towards certain crises. However, they have concurrently placed an intricately complex regional environment before the GCC states to deal with, particularly in 2014…
The current world equilibrium is undergoing profound and historical changes that could lead to unexpected outcomes in the strategic international balance of powers. This is obvious in the economic structural problems facing the United States and Europe and their impact on foreign policy, as in the case of the United States changing its defense policy over the next ten years.
The government wisely worked with a team of experts to evaluate the results. Five years on, an interesting analogy with traditional labour union activity has emerged, in which the interests of “insiders” (migrant workers already in the UAE) clash with those of…
The economic integration of its members was one of the most important goals for the establishment of the Gulf Cooperation Council (GCC).
Because the hydrocarbon sector is responsible for such a large proportion of the gross domestic product of the GCC states’, maximizing the value obtained from these resources in a sustainable way is essential. In this regard, modeling the energy sector is a key tool for better understanding of the energy markets.
In July 2016, the World Bank appointed American Paul Romer as the Bank’s chief economist. This was quite a radical decision; the World Bank usually prefers conservative figures for its top positions, whereas Romer is a commercial and intellectual entrepreneur, who left the academy, first to establish Aplia, which heralded a transformation in the higher education sector, and subsequently to launch the “charter cities” development project.