Economic Research Forum (ERF)

Alessandro Rebucci

Author

Alessandro Rebucci
Associate Professor, John Hopkins University

Alessandro Rebucci is an Associate Professor in the research track, holding a joint appointment with the Economics Department of the Krieger School of Art and Science. Prof. Rebucci is a NBER Faculty Research Fellow (International Finance and Macroeconomics Program), a CEPR Research Fellow (International Macroeconomics and Finance Programme), and a Research Fellow at the Center for Urban & Real Estate Management, Globalization of Real Estate Network (University of Zurich) and the Centre for Applied Financial Economics (University of Southern California). He is Associate Editor for the Journal of Money, Credit and Banking, the Journal of Banking of Finance, the Journal of International Money and Finance, and Economia (the Journal of the Latin American and Caribbean Economic Association--LACEA). Prof. Rebucci had Visiting Scholar Positions at the Federal Reserve Bank of New York, the Federal Reserve Bank of Kansas City, the Central Bank of Finland, and the IMF Research Department. Before joining Carey, Prof. Rebucci held research and policy positions at the Inter-American Development Bank (2008-2013) and the International Monetary Fund (1998-2008).

Content by this Author

Economic consequences of Covid-19: a counterfactual multi-country analysis

The Covid-19 pandemic poses formidable challenges to policy-makers and to the empirical analysis of its effects within the interconnected global economy. This column quantifies the impact along several dimensions, showing that the global recession will be long lasting, with no countries escaping regardless of their mitigation strategies. The findings call for a coordinated multi-country policy response.

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Private capital and financial innovation in Egypt’s clean energy transition

The Benban Solar Park, Africa’s biggest photovoltaic power station, demonstrates Egypt’s ability to attract foreign investment, implement complex infrastructure projects and align its energy goals with environmental sustainability. As this column explains, the next stage of the country’s clean energy transition requires a diversified financial ecosystem, together with committed and well-coordinated policy support.

Sanctions and the shrinking size of Iran’s middle class

International sanctions imposed on Iran from 2012 have reduced the size of the country’s middle class, according to new research summarised in this column. The findings highlight the profound social consequences of economic pressure, not least given the crucial role of that segment of society for national innovation, growth and stability. The study underscores the need for policies to safeguard the civilian population in countries targeted by sanctions.

The rising threat of water and food insecurity in MENA

The Middle East and North Africa is rapidly becoming the global epicentre of water and food insecurity. Drawing on regional evidence and global comparisons, this column identifies urgent priorities and offers policy strategies to strengthen resilience in this particularly climate-stressed part of the world before the crisis deepens further. The tools exist: what is needed is the political will and coordinated action to use them.

Artificial intelligence and the renewable energy transition in MENA

Artificial intelligence has the potential to bridge the gap between abundant natural resources and the pressing need for reliable, sustainable power in the Middle East and North Africa. This column outlines the constraints and proposes policies that can address the challenges of variability of renewable resources and stress on power grids, and support the transformation of ‘sunlight’ to ‘smart power’.

MENA integration into global value chains and sustainable development

Despite the geopolitical advantages, abundant natural resources and young populations of many countries in the Middle East and North Africa, they remain on the periphery of global value chains, the international networks of production and service activities that now dominate the world economy. This column explains the positive impact of integration into GVCs on exports and employment; its role in technology transfer and capacity upgrading; and the structural barriers that constrain the region’s involvement. Greater GVC participation can help to deliver structural transformation and sustainable development.

Green jobs for MENA in the age of AI: crafting a sustainable labour market

Arab economies face a dual transformation: the decarbonisation imperative driven by climate change; and the rapid digitalisation brought by artificial intelligence. This column argues that by strategically managing the green-AI nexus, policy-makers in the region can position their countries not merely as followers adapting to global mandates but as leaders in sustainable innovation.

Egypt’s forgotten democratisation: a challenge to modern myths about MENA

A widely held narrative asserts that countries in the Middle East are inevitably authoritarian. This column reports new research that tracks Egyptian parliamentarians since 1824 to reveal that the region’s struggle with democracy is not in fact about cultural incompatibility: it’s about colonialism disrupting home-grown democratic movements and elite conflicts being resolved through disenfranchisement rather than power-sharing.




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