Economic Research Forum (ERF)

Majid Al-Moneef

Author

Majid Al-Moneef
Chairman of the International Advisory Committee of King Abdullah Petroleum Studies and Research Center (KAPSARC)

Dr. Majid Al-Moneef is the Chairman of the International Advisory Committee of King Abdullah Petroleum Studies and Research Center (KAPSARC). He was the Secretary Generl and a member of the Supreme Economic Council of Saudi Arabia and Saudi Arabia’s Governor to OPEC, the Chairman of the Gulf Cooperation Council (GCC) Energy Working Group, president of the Saudi Economic Association, professor of economics and vice dean at King Saud University and president of the Arab Energy Forum, He was a member of the Saudi Consultative Assembly, the Board of Trustees of the Economic Research Forum, the Officers Council of the International Association of Energy Economics( IAEE), the editorial Board of the Saudi Economic Journal and the advisory Board of OPEC Energy Review.

Content by this Author

The energy sector reforms of Saudi Arabia’s Vision 2030

Energy constitutes a major building block of Saudi Arabia’s economic reform agenda described in the government’s Vision 2030. This column outlines the key considerations, including the future role of the oil industry, energy efficiency programmes, domestic energy prices and diversification of energy sources.

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Global value chains and sustainable development

What is the role of exchange rate undervaluation in promoting participation in global value chains by firms in developing countries? What is the impact of the stringency of national environmental regulations on firms’ GVC participation? And how do firms’ political connections affect their participation in GVCs? These questions will be explored for the MENA region at a special session of the ERF annual conference, which takes place in Cairo in April 2025.

Adoption of decentralised solar energy: lessons from Palestinian households

The experience of Palestinian households offers a compelling case study of behavioural adaptation to energy poverty via solar water heater adoption. This column highlights the key barriers to solar energy adoption in terms of both the socio-economic status and dwellings of potential users. Policy-makers need to address these barriers to ensure a just and equitable transition, particularly for households in conflict-affected areas across the MENA region.

Migration, human capital and labour markets in MENA

Migration is a longstanding and integral part of the MENA region’s economic and social fabric, with profound implications for labour markets and human capital development. To harness the potential of migration for promoting economic and social development, policy-makers must aim to deliver mutual benefits for origin countries, host countries and migrants. Such a triple-win strategy requires better data, investment in return migration, skill partnerships, reduced remittance costs and sustained support for host countries.

Shifting gears: how the private sector can be an engine of growth in MENA

Businesses are a key source of productivity growth, innovation and jobs. But in the Middle East and North Africa, the private sector is not dynamic and the region has a long history of low growth. This column summarises a new report explaining how a brighter future for MENA’s private sector is within reach if governments rethink their role and firms harness talent effectively.




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