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Iraq’s Post-Government Formation Economic Outlook

  Abstract: Iraq is at a historic crossroads after stop-start efforts to reform its economy. Rapidly recovering oil prices have seen the return of Iraq’s...

The possible devastating outcome of a Kurdish referendum

An attempt to establish a Kurdish state including Kirkuk is likely to result in a truncated and economically devastated mini-Kurdistan. The Kurdistan Regional Government (KRG)...

Saudi Arabia’s economic time bomb

Time is a luxury that Saudi Arabia can no longer take for granted. It faces an economic time bomb, which, if not defused, will...

Iraq’s Economic Reform for 2016

In August 2015, Prime Minister Haider Al Abadi introduced reforms to shrink the size of the government and tackle corruption. Luay Al Khatteeb Founding...

Gulf oil economies must wake up or face decades of decline

Low oil prices, widening fiscal deficits, rising populations, political turmoil, terrorism, religious intolerance and high youth unemployment conjure up a recipe for economic disaster...

Turn a light on: Electricity sector reform in Iraq

In a new analysis paper, we write about how the government of PM Hayder al-Abadi in Iraq is not only facing a security threat posed by...

Turn a Light On: Electricity Sector Reform in Iraq

The need to confront and drive back the forces of the Islamic State (IS) has pushed long-term reform efforts in Iraq far down the...

The 2015 Budget: Financial Challenges and Opportunities for Economic Reform

In the extraordinary meeting of the Iraqi Council of Representatives held on 25/12/2014, the first reading of the 2015 budget was conducted. The budget...

Oil – A Question of Economics

The recent debate over falling oil prices has become an over simplified economic question of supply and demand, ignoring other interrelated economic theories. Despite...