Syria, Lebanon, and Iraq are all teetering on the brink of economic collapse. Europe cannot afford to be a helpless bystander. It is hard to imagine that the suffering and despair across the Middle East could worsen. But across Syria, Lebanon, and Iraq a new economic unravelling is continuing apace, threatening to throw the region into even deeper turmoil. In Lebanon and Syr
Read More
Acknowledgments The Middle East and Central Asia Regional Economic Outlook (REO) Update is prepared each spring by the IMF’s Middle East and Central Asia Department (MCD). The analysis and projections contained in the REO are integral elements of the Department’s surveillance of economic developments and policies in member countries. It draws primarily on information gath
Read More
The Gulf War ranks in terms of scale of destruction and its consequent economic impact as one of the most devastating conflicts of modern times. Both Iran and Iraq are now confronted with the need to reconstruct shattered economies. What is clear, however, is that a return to the pre-war economic situation is not a realistic option. The cost of the conflict to Iraq means that i
Read More
Dublin, March 26, 2020 (GLOBE NEWSWIRE) -- The "Middle East Macroeconomic Outlook to 2025" report has been added to ResearchAndMarkets.com's offering. This report presents economic, demographic, employment, infrastructure and competitiveness data for 14 countries. The research includes 2019 estimates and medium-term forecasts for the period from 2020 to 2024 for select indic
Read More
Directly investing in nongovernmental enterprise and giving international approval to private competition can change the dynamic in individual countries, promote liberal economies, and give citizens greater agency. The following is an excerpt from Bilal Wahab’s contribution to the new American Enterprise Institute book Seven Pillars: What Really Causes Instability in the Mid
Read More