Palestine’s limited access to international markets and trade disruptions caused by Israeli closures create food shortages as well as surges in prices across the Palestinian territories. For healthier relations between Israel and Palestine, new arrangements are needed to pave the way to a sovereign Palestinian state with full control over its territory and trade policies. This column reports research simulating different trade policies in a future sovereign Palestinian state and assesses which policy options would improve food security in the West Bank.
Chronic illnesses are widespread in the Arab countries – and they have damaging consequences for labour market participation and wider economic performance. Drawing on evidence from Egypt and Tunisia, this column proposes a package of practical actions to protect workers from becoming victims of chronic diseases – and to reduce the losses of income, labour supply and labour productivity.
Despite considerable economic progress before 1990, Egypt, Morocco and Tunisia all experienced ‘premature deindustrialisation’ and unfinished structural transformation. This column looks back at structural change in these three countries over the past half a century and draws lessons for today on how to unleash their productive potential. In short, an effective industrial policy is needed.
Turkey has a longstanding problem of uneven economic development across its regions. This column explores the interactions between the market access of central and remote parts of the country, the varying levels of human capital accumulation in those places, and the wage returns to education. The research evidence indicates the potential of regional policy to reduce inequalities.
Extreme poverty is rising in Arab states and the outlook is concerning. This column outlines the latest figures and the implications for policies to promote inclusive and sustainable development in the region.
Emerging economies are often subject to currency crises and foreign debt crises around the same time. This column explores the links between these phenomena in five MENA economies – Egypt, Jordan, Morocco, Tunisia and Turkey – and the current sustainability of fiscal and exchange rate policies in these countries.
What are the key objectives of the sovereign wealth funds (SWFs) of Arab countries? This column presents the results of new quantitative analysis, which reveals that these institutions typically pursue a top-down investment strategy in which they first screen target countries or jurisdictions, then target sectors and finally target businesses. In the risk-return trade-off, Arab SWFs seem to put significantly more weight on risk mitigation than on returns.
Understanding the impact of the Syrian refugee influx on education in Jordan
Amman, 13 May 2018. H.E Dr. Omar Razzaz (Jordan Minister of Education) talks about the impact of the Syrian refugee influx on Jordan education