The economic program focuses on the economies of Bahrain and the Arabian Gulf region, covering the macro-economy, economic development, energy and labour markets.
The governments of the Gulf Cooperation Council (GCC) states have long been searching for the best way to diversify their economies, and in the wake of falling oil prices, they have accelerated their search.
Gulf Cooperation Council (GCC) countries are an attractive destination for prospective migrants from developing economies due to their high income levels, similar to the countries of the OECD (Organization for Economic Cooperation and Development).
US presidential candidates have been battling fiercely of late, revealing huge gaps between Democrat and Republican supporters over issues such as taxation, financial sector regulation, firearms ownership laws, and US policy in the Middle East.
In light of a series of crises faced by the European Union (EU) during the last ten years, the UK citizenry’s view of the European project has morphed from acceptance to concern, forcing Prime Minister David Cameron to commit to holding a referendum over the UK’s membership of the EU.
Open borders and economic freedom, had, after all, paved the way for the United States’ rise to prominence, and today, the relatively open borders of the Gulf Cooperation Council (GCC) countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE) have contributed to the development of the Gulf states as well as the migrants’ original countries.
Oil prices have retreated from over $100/barrel at the middle of 2014 to less than $30/barrel at the start of 2016, putting pressure on the government finances of the Gulf Cooperation Council (GCC) countries.
The presence of large migrant communities has made the Gulf Cooperation Council (GCC) countries a lightning rod for an immigration debate. Like many OECD (Organisation for Economic Co-operation and Development) countries, the GCC countries are a popular destination...
The Gulf countries are taking steps toward monetary union. The continuing Greek debt crisis has caused major problems for the European single currency. It also presents useful lessons for the Gulf countries as they plan their own single currency.
In July 2015, the P5 + 1 countries reached a deal on the Iranian nuclear program and on the lifting of economic sanctions imposed upon Iran. This important development in Middle Eastern strategy led to extensive commentary from many different stakeholders, including the governments of the US, Israel, Iran, and the Gulf Cooperation Council (GCC) countries.
A quarterly publication that provides an overview of the current state of the Bahraini economy and analyzes it. In the “Policy Focus” section, the report analyzes an important current issue faced by policymakers and provides recommendations.
The Chinese economy is undergoing major reforms in the aftermath of the 2008 financial crisis. These reforms aim to help the Chinese economy maintain its previous growth trends. Yet in a low oil price environment, some challenges arise with regards to China’s energy security.
The Greek debt crisis has been a staple of world news since 2009; everywhere you look is another headline shedding light on the crisis or announcing another twist in the seemingly never ending saga.
Beyond posing an existential threat to the European project, the Greek debt crisis has turned into a public-relations disaster for the process of European integration.
As he basked in the glory of an unexpectedly strong victory in the 2015 UK General Election, Prime Minister David Cameron could reflect upon an especially rare occurrence: the incumbent party strengthening its Parliamentary position after a first term.
Virtual water is a relatively new concept that emerged in the mid-nineties. Virtual water is the amount of water consumed for the production of agricultural commodities which are then exported to water scarce areas, thus international food trade can be seen as trade in virtual water.
A quarterly publication that provides an overview of the current state of the Bahraini economy and analyzes it. In the “Policy Focus” section, the report analyzes an important current issue faced by policymakers and provides recommendations.
The GCC countries today face various challenges, of which arguably the most important is the security threats stemming from regional rivalries and the Arab Spring. In fact, most of these challenges are either fundamentally economic in nature, or they can be addressed economically, even those that superficially lack an economic dimension.
During the Sharm Al-Shaykh summit during the middle of March, the GCC countries announced a program of financial aid directed at Egypt, with a value in excess of $12 billion.
A quarterly publication that provides an overview of the current state of the Bahraini economy and analyzes it. In the “Policy Focus” section, the report analyzes an important current issue faced by policymakers and provides recommendations.
During the Umayyad and Abbasid dynasties, Muslims and Arabs led the world economically (and intellectually, artistically, etc.), with Shari’a commercial law ushering in unprecedented prosperity.
