Economic Research Forum (ERF)

September

Digitalisation: what’s needed in business responses to Covid-19 in MENA

The pandemic caused severe disruptions to the global business environment. This column reports evidence on how different sectors in the Middle East and North Africa have been responding. The focus is particularly on firms’ adoption of digital technologies, as well as policies that might encourage greater digitalisation as an essential business strategy to mitigate the consequences of Covid-19 for the economy.

No net zero without nature

Preserving nature is a key element in the world’s effort both to mitigate and adapt to climate change, and it also happens to be good for business. But new findings reported in this Project Syndicate column, show that much of the private sector continues to lag far behind in tackling deforestation and protecting biodiversity.

Inequalities in Jordan before and after the pandemic

Is Covid-19 increasing inequalities in Jordan? This column outlines the main findings of a new report on the impact of the pandemic on inequality in expenditure, incomes and educational opportunities and outcomes.

Economics in the new age of national security

The growing geopolitical and economic split between the United States and China should prompt a paradigm shift in economic thinking. In particular, as this Project Syndicate column argues, economists will need to reconsider their approach to topics such as comparative advantage, market integration and how to promote convergence.

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Labour demand and informal employment in Egypt’s manufacturing sector

Egypt’s manufacturing sector faces a dual challenge of weak job creation and persistent informality. Drawing on survey evidence on business behaviour and labour market dynamics, this column explains why job creation is limited and informal work remains such an integral part of how firms organise production. The generation of more formal jobs requires a comprehensive policy approach, one that goes beyond enforcement of labour regulations to reshape the economic environment in which firms and workers make decisions.

Challenges of conflict and industrial policy for development

How effective is industrial policy as a tool for long-term economic growth and development? Against the backdrop of the conflict currently engulfing the Middle East, North Africa, Afghanistan and Pakistan (MENAAP), a new report argues that while industrial policies are widely used across the region, they can only address market failures and foster growth when they are aligned with country capabilities, implemented with accountability and backed by capable institutions.

The green transition in MENA economies: challenges and policy pathways

The economies of the Middle East and North Africa are at a critical turning point. Global decarbonisation pressures, energy market volatility and technological transformation are increasingly challenging hydrocarbon-based growth models. This column argues that the green transition is not only an environmental necessity but also a strategic economic imperative.




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