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This echoed the strategy of the sovereign wealth funds of Gulf Cooperation Council (GCC) states after the 2008 global financial crisis, but there are several key differences: GCC…
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DOI: 10.1108/OXAN-DB253419
ISSN: 2633-304X
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Topical
Prospects for Middle Eastern oil economy to end-2022.
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DOI: 10.1108/OXAN-DB270989
ISSN: 2633-304X
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Geographic
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Erdogan spoke with pride of imposing additional customs duties to protect domestic industries, cheapening credit and launching a national car project. Economic policies are…
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DOI: 10.1108/OXAN-DB254266
ISSN: 2633-304X
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Geographic
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Despite a series of IMF programmes since 1989, public sector debt levels have climbed to worrying heights, driven by deficits on both fiscal and current account accounts. Jordan’s…
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DOI: 10.1108/OXAN-DB270291
ISSN: 2633-304X
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The additional income is being partly used to direct support to poorer segments of society. However, this has not ended the mounting popular pressure for accelerated change. The…
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DOI: 10.1108/OXAN-DB266079
ISSN: 2633-304X
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This marks the first significant change of policy following the death in January of former Sultan Qaboos, after half a century in power. Qaboos’s Oman began as a highly…
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DOI: 10.1108/OXAN-DB254806
ISSN: 2633-304X
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Geographic
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Turkey's fiscal sustainability.
The impact of the pandemic and especially lower oil prices hit the government budget hard, since more than nine-tenths of revenue comes from oil sales. However, the country also…
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DOI: 10.1108/OXAN-DB261921
ISSN: 2633-304X
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The economy faces chronic problems of low growth, joblessness and declining living standards, resulting in periodic protests. Its heavy dependence on foreign aid, especially from…
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DOI: 10.1108/OXAN-DB280803
ISSN: 2633-304X
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Expatriates are leaving, businesses are faltering and the local population is grumbling. Authorities see a significant role for small-to-medium enterprises (SMEs) in general, and…