Economic Research Forum (ERF)

The grand waiting game: why Lebanon’s elites postpone compromise

What explains the intransigence of Lebanon’s political elites to resolve the country’s long-running financial and economic crisis? This column argues ...


The multilateral financing paradox

Policy-makers increasingly tout multilateral development banks as being uniquely positioned to address today’s pressing global challenges, particularly debt crises in ...


The year ahead: a view from the Nile

In 2023, what lies ahead for Egypt, the Middle East and North Africa, and the wider world? This column, first ...


How business survives under sanctions: the experience of Iranian firms

How have firms in Iran responded to the international economic sanctions against the country? This column reports evidence on the ...


Public banks and development in Egypt

In Egypt, the role of public development banks is played by three government-owned commercial banks, namely National Bank of Egypt, ...


National economic institutions and participation in the global value chain

The economic institutions of a country – including property rights, business freedom and government integrity – play a central role ...


The geography of innovation: evidence from regions in Turkey

To what extent does the concentration of new firms in a region naturally lead to innovation and growth? And when ...


What will it take to achieve an energy transition in MENA?

An energy transition will require a coordinated global shift in both the supply and demand for fossil fuels and cleaner ...