Economic Research Forum (ERF)

Financial systems in MENA: time to embrace digital technologies

The growing use of digital technologies in financial services provision holds promise for MENA countries to improve their financial systems ...


Optimal asset allocation for sovereign wealth funds

How should oil-based sovereign wealth funds allocate their investment across different asset classes, such as stocks, bonds and real estate? ...


Rethinking the macroeconomics of resource-rich countries

After years of high commodity prices, a new era of lower prices, especially for oil, will be challenging for resource-rich ...


Subsidy reforms and social justice: lessons from Egypt

For institutional and historical reasons, countries of the Middle East and North Africa have relied mostly on consumption subsidies for ...


Time to rethink inequality in Arab states

There are many gaps in our understanding of trends in both money metric inequality and multidimensional inequality in Arab states. ...


Iran: the nuclear deal, currency depreciation and inflation

Iran’s currency has once again fallen against the dollar following the US withdrawal from the nuclear deal. This column explores ...


A moonshot for MENA: laying the groundwork for a modern digital economy

A new economic reality is needed in the Middle East and North Africa (MENA). This column proposes a ‘moonshot’, which, ...


Local winners and losers in Erdoğan’s Turkey

Throughout the 2000s, Turkey was portrayed as a model of social and economic success for other countries in the MENA ...