Economic Research Forum (ERF)

Gaining competitiveness through trade credit: evidence from Turkey

The removal of the Multi-Fibre Arrangement quotas that governed global trade in textiles and clothing until the end of 2004 ...


How the Middle East can escape the middle-income trap

The Middle East and North Africa urgently needs a new social contract focused on economically empowering the hundreds of millions ...


Technical and vocational education in Egypt: the missing link

Recent notable developments in Egypt’s educational system include an agreement between the government and private firms to enhance the provision ...


The bargaining power of disabled wives: evidence from Iraq

The rate of labour force participation of women in MENA countries remains lower than in any other part of the ...


Asset inequality in Egypt, Ethiopia, Jordan and Tunisia

Measures of income or consumption alone provide an inadequate representation of living standards and economic inequality across households. This column ...


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 ...