How the openness of the Gulf economy boosts productivity
Dr. Omar talk about how the openness of the Gulf economy boosts productivity.
Omar Al-Ubaydli is Director of Studies and Research, and Director of Economics and Energy Studies. He previously worked as an Assistant Professor of Economics at George Mason University, USA, as well as being a member of Virginia Governor Bob McDonnell’s Joint Advisory Board of Economists. Dr. Al-Ubaydli received his BA in Economics from the University of Cambridge (Queens’ College) and his MA and PhD in Economics from the University of Chicago. Dr. Al-Ubaydli’s research has been published in several international, peer-reviewed journals and has been featured by media outlets including the Economist magazine.
Dr. Omar talk about how the openness of the Gulf economy boosts productivity.
Economists typically criticise import tariffs, because they result in higher prices for consumers.The Arabian Gulf countries have generally subscribed to this view. However, as the Gulf countries look to diversify their economies, is it time to consider imposing temporary tariffs to develop domestic industries?
In order to boost entrepreneurship, Saudi Arabia should consider following a 1950s plan used to improve the Italian economy, which was done in partnership with the US, a recent paper by Michela Giorcelli of the University of California suggested.
Dr. Omar Al-Ubaydli talks to Al-Bilad Newspaper about the fiscal balance program that Bahrain started to implement in the last quarter of last year and how it will strengthen investor confidence in the economy and will support prospects for future growth, while rating agencies will improve their outlook on the future of the Kingdom.
Omar Al Ubaydli investigates how our consumption decisions partially reflect our efforts to convey a certain social status to others, sending a signal to our peers that we are wealthy and powerful, and that we have good taste.......
As the political crisis unfolding in Venezuela seizes the headlines, analysts frequently draw attention to the fact that the South American country has the largest oil reserves in the world.........
The US economy has traditionally been a heavy importer of oil, making it unquestionably a fan of low oil prices. Meanwhile, the shale oil revolution has transformed the US oil industry, and driven net imports to almost zero. But, has that been enough to make America favor high oil prices, and to be an OPEC ally?
At the start of January 2019, Bahrain launched a 5 per cent value-added tax (VAT), following Saudi Arabia and the UAE, Dr. Omar Al-Ubaydli explains the impact on prices.
The 60,000 word report was authored by a team of specialist researchers, headed by independent development expert, Dr. Craig Naumann, and featuring three Bahrainis affiliated to Derasat: economist Dr. Omar Al-Ubaydli, economist Ms. Ghada Abdulla, and renewable energy specialist Eng. Abdulla Alabbasi. It covers the period 2005-2018...............
Recognizing that economic integration between Bahrain and the remaining Gulf countries has played an important role in the growth of the Bahraini economy since the start of the new millennium, this background paper to the National Human Development Report 2018 presents and analyzes data on the effects of economic integration.
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...
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.