Inflation targeting and exchange rate flexibility in Egypt
The degree of exchange rate flexibility within an inflation targeting framework matters in emerging economies. This column reports research that ...
Arab development as freedom
There is widespread discontent and social unrest in the Arab world, a direct result of decades of failed economic and ...
Foreign investment and domestic production complexity in Turkey
Inflows of foreign direct investment can act as a catalyst for domestic firms to develop sophisticated manufacturing products, according to ...
From energy subsidies to universal basic income: lessons from Iran
In December 2010, Iran introduced an ambitious energy subsidy reform that combined large price increases for fuel with generous cash ...
Effectiveness of export sanctions: evidence from Iran
Whether export sanctions are effective depends on their goal. This column highlights that if the goal is to reduce total ...
Housing policy and marriage: evidence from Egypt, Jordan and Tunisia
At a time when young people in MENA countries face an increasingly protracted and difficult transition to adulthood, how can ...
Does political conflict hurt trade? Evidence from consumer boycotts
The use of trade policy tools such as boycotts, embargoes and sanctions has become increasingly prevalent in international conflicts. This ...
Lebanon’s challenge of fiscal sustainability
New legislation by the Lebanese government, which provides a big boost to the salaries of public sector employees, puts considerable ...