Economic Research Forum (ERF)

June

The dilemma of public debt in Lebanon

Lebanon’s strategy of pursuing long-term fiscal sustainability at the cost of short-term macroeconomic stability, which has dominated for over two decades, has been devastating in terms of economic growth and deteriorating infrastructure. This column explains the background to the current economic and financial crisis.

Fiscal policy for Covid-19 and beyond

Covid-19 has hit developing countries hard. This Brookings column suggests that the crisis could galvanise governments to reduce ‘leakages’ of public spending to beneficiaries other than those for whom it is intended. The objectives should be creating fiscal space to serve the poor better while setting the stage for recovery and sustained economic growth.

Lebanon must learn from the Syrian disaster

Overlapping crises are threatening the political, economic and social stability of Lebanon. As this column explains, the disaster in Syria provides insights into how grievances can accumulate to a point at which single events can trigger conflict.

Sudan and the pandemic: reforms for a vulnerable economy

Sudan’s economy was in a fragile state even before Covid-19 and the lockdown measures implemented to control the virus. This column outlines the bold yet practical reforms that are needed to help the country move to a virtuous cycle of rising productivity and incomes – and hence sustained reduction in poverty.

Who can work from home in MENA?

Which jobs can be done from home, who does them and how prevalent are they in different countries? This column reports evidence on working from home in over 50 countries, including Egypt, Jordan and Tunisia.

Measuring monetary poverty in MENA: data gaps and how to address them

As key statistical sources for measuring monetary poverty, household budget surveys are crucial for designing public policies and tracking development progress. But measuring poverty in the MENA region remains a challenge. This column identifies challenges of availability, access and quality of household budget surveys in the region and evaluates ways to fill these information gaps.

Covid-19: forging a new social contract in the Middle East and North Africa

The dual shock of Covid-19 and falling oil prices has brought to light the underlying flaws of economies in the Middle East and North Africa. This column, originally published at OECD Development Matters, suggests that events that are out of authorities’ control will trigger change in the societies of the region. Governments must decide whether that change will be guided or traumatic.

Most read

Untapped talent, unrealised growth: jobs and women in the MENAAP region

Only around one in five women of working age participate in the labour markets of the Middle East, North Africa, Afghanistan and Pakistan. As this column explains, the region can no longer afford to leave half its human capital underused. Expanding women’s labour force participation is central to growth and resilience in the face of looming demographic change.

Closing the gender gap in political participation in MENA

Women across the Middle East and North Africa participate less than men in politics – not only in political parties and elections, but also in petitions, boycotts, protests and strikes. This column reports evidence from ten countries showing that differences in education, employment and political attitudes explain part of this disparity, yet a significant gender gap remains.

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.




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