Economic Research Forum (ERF)

Romesh Vaitilingam

Managing editors

Romesh Vaitilingam
Economics writer

Economics writer Romesh Vaitilingam is a member of the editorial board of VoxEU. His work involves consultancy for the economic research community, notably advising the Royal Economic Society, the Centre for Economic Policy Research and the Centre for Economic Performance at the London School of Economics on the management of their public profile. He has also advised a number of government agencies and international institutions, including the European Central Bank, the European Bank for Reconstruction and Development and the UK's Department for International Development.

Content by this Author

Policy for the Covid-19 crisis: survey of leading economists

How should governments respond to the global pandemic? This column reports the views of leading economists on seeming trade-offs between strict public health measures to save lives and the likelihood of a severe economic contraction. The respondents to the latest IGM Forum survey are also unanimous about the desirability of greater government investment in treatment capacity.

The Sustainable Development Goals as a framework for policy in MENA

ERF’s annual conference has become the premier regional event for economists of the Middle East and North Africa (MENA). This column previews the 2020 conference, which was due to take place in Luxor, Egypt, in March but has been postponed until later in the year. The central focus will be on the Sustainable Development Goals (SDGs) as a framework for MENA’s development policy.

Improving the economic policy debate in the MENA region

The Forum, a policy portal for the Middle East and North Africa, was launched in October 2017 with the aim of becoming ‘the platform’ for rich and relevant debates in the region on economic, social and political development issues. This column reviews progress to the end of 2018.

Arab oil exporters: coping with a new global oil order

What are the implications of recent developments in global oil markets for the oil-exporting countries of the Arab region? This column outlines key issues discussed at an ERF conference hosted by the Arab Fund for Economic and Social Development in Kuwait in November 2017.

Oil exporters’ responses to the US fracking boom

What are the implications of low oil prices for the economic and political stability of Arab oil-exporting countries such as Saudi Arabia? This column explores the impact of the US fracking boom on Arab oil revenues – and how policy-makers in these countries should respond.

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EU climate policy: potential effects on the exports of Arab countries

The carbon border adjustment mechanism aims to ensure that Europe’s green objectives are not undermined by the relocation of production to parts of the world with less ambitious climate policies – but it could impose substantial costs on developing countries that export to the European Union. This column examines the potential impact on exporters in the Arab world – and outlines possible policy responses that could mitigate the economic damage.

Financial development, corruption and informality in MENA

Reducing the extent of informality in the Middle East and North Africa would help to promote economic growth. This column reports evidence on how corruption and financial development influence the size of the informal economy in countries across the region. The efficiency of the financial sector in MENA economies reduces the corruption incentive for firms to seek to join and stay in the formal sector.

Green hydrogen production and exports: could MENA countries lead the way?

The Arab region stands at the threshold of a transformative opportunity to become a global leader in green hydrogen production and exports. But as this column explains, achieving this potential will require substantial investments, robust policy frameworks and a commitment to technological innovation.

Climate change threats and how the Arab countries should respond

The Arab region is highly vulnerable to extreme events caused by climate change. This column outlines the threats and explores what can be done to ward off disaster, not least moving away from the extraction of fossil fuels and taking advantage of the opportunities in renewable energy generation. This would both mitigate the potential for further environmental damage and act as a catalyst for more and better jobs, higher incomes and improved social outcomes.

Freedom: the missing piece in analysis of multidimensional wellbeing

Political philosophy has long emphasised the importance of freedom in shaping a meaningful life, yet it is consistently overlooked in assessments of human wellbeing across multiple dimensions. This column focuses on the freedom to express opinions, noting that it is shaped by both formal laws and informal social dynamics, fluctuating with the changing cultural context, particularly in the age of social media. Data on public opinion in Arab countries over the past decade are revealing about how this key freedom is perceived.

Child stunting in Tunisia: an alarming rise

Child stunting in Tunisia seemed to have fallen significantly over the past two decades. But as this column reports, new analysis indicates that the positive trend has now gone dramatically into reverse. Indeed, the evidence is unequivocal: the nutritional health of the country’s youngest citizens is rapidly deteriorating and requires immediate and decisive action.

Exchange rate undervaluation: the impact on participation in world trade

Can currency undervaluation influence participation in world trade through global value chains (GVC)? This column reports new evidence on the positive impact of an undervalued real exchange rate on the involvement of a country’s firms in GVCs. Undervaluation acts as an economy-wide industrial policy, supporting the competitiveness of national exports in foreign markets vis-à-vis those of other countries.

New horizons for economic transformation in the GCC countries

The countries of the Gulf Cooperation Council (GCC) have historically relied on hydrocarbons for economic growth. As this column explains ahead of a high-level ERF policy seminar in Dubai, emerging technologies like artificial intelligence, blockchain and robotics – what some call the fourth industrial revolution – present a unique opportunity for the region to reduce its dependence on oil and make the transition to a knowledge-based economy.

Shifting public trust in governments across the Arab world

The Arab Spring, which began over a decade ago, was driven by popular distrust in governments of the region. The column reports on how public trust has shifted since then, drawing on survey data collected soon after the uprising and ten years later. The findings reveal a dynamic and often fragile landscape of trust in Arab governments from the early 2010s to the early 2020s. Growing distrust across many countries should raise concerns about future political and social instability.

Corruption in Iran: the role of oil rents

How do fluctuations in oil rents influence levels of corruption in Iran? This column reports the findings of new research, which examines the impact of increases in the country’s oil revenues on corruption, including the mechanisms through which the effects occur – higher inflation, greater public spending on the military and the weakness of democratic institutions.




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