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 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.
Oil prices fell significantly during the fourth quarter of 2014 and currently stand at less than $50/barrel, compared to over $100/barrel during August 2014.
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.
Several scholars have argued that abundant natural resources can be harmful to economic performance under bad institutions and helpful when institutions are good. These arguments have either been theoretical or based on naturally occurring variation in natural resource wealth.
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.
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 has achieved various successes since its inception in 1981, and in principle it has developed from a security and military union to economic integration, embodied in a customs union, a single market, and a tangible plan for launching monetary union.
