Economic Research Forum (ERF)

Rabah Arezki

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Rabah Arezki
Chief Economist for Middle East and North Africa Region at the World Bank.

Dr. Rabah Arezki is the Chief Economist for Middle East and North Africa Region at the World Bank. He received his MS in statistics and economics from the Ecole Nationale de la Statistique et de l’Administration Economique in Paris and Ph.D in economics from European University Institute, Florence. He has written on energy, commodities, development economics and international macroeconomics. Arezki is an ERF Research Fellow.

Content by this Author

How to diversify oil-producing economies

Many oil- and gas-rich countries have either announced or put in place policies to reduce their dependence on oil by diversifying their economies. This column argues that the key is to shift the focus away from the end goal of diversification and towards the transformation process of how to get there.

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When you’re stuck in quicksand, stop kicking

As the golden age of oil nears its end, incomes in the MENA region are destined to fall precipitously from their artificial petrodollar-boosted levels. Using the analogy of how to respond to being caught in quicksand, this column argues that the quick kicks of investment in big projects and misguided wars will drag the region down further. While structural reforms are slow and boring, they are also indispensable for economic progress.

Getting more women into employment in Egypt

Despite significant increases in women’s education and health indicators in Egypt, their rate of labour force participation remains one of the lowest in the world. This column explains how marriage acts as an obstacle for women taking jobs in the private sector, and outlines potential remedies to the ‘marriage mismatch’.

How to diversify oil-producing economies

Many oil- and gas-rich countries have either announced or put in place policies to reduce their dependence on oil by diversifying their economies. This column argues that the key is to shift the focus away from the end goal of diversification and towards the transformation process of how to get there.

Ageing and pensions coverage in Arab countries

Arab countries experiencing economic and humanitarian crises are paying insufficient attention to the demographic trend of ageing populations. This column argues that providing economic security and healthcare for the elderly is one of the key challenges for the region.

Sticks rather than carrots to expand the formal economy

Reforms that get more firms and workers into the formal economy can come in the form of both inducements such as better information and lower costs – ‘carrots’ – and legal enforcement – ‘sticks’. This column surveys the research evidence on the potential of carrots, sticks and other development policies for promoting greater formalisation and the many benefits it can bring to the economy and wider society.

Women’s education: harbinger of another spring?

Cultural norms and the social environment in many Middle Eastern societies discriminate against women, limit their socio-economic opportunities and relegate them to a lower status than men. Can education bring a change? This column reports research on what happened to young women and their children when Turkey raised the period of compulsory formal schooling from five to eight years.