The Arab Gulf is protecting its own interests by pushing to keep fossil fuels in the mix. But more crucially, its agenda is in line with the world’s economic growth and development goals, writes Osamah Alsayegh.
Kuwait lags behind the other members of the Gulf Cooperation Council in its progress toward sustainable energy targets. Its pro-rentier democracy is slowing it down, writes visiting scholar Osamah Alsayegh.
Truth-in-taxation measures, which are intended to serve taxpayers, have failed to constrain the property tax burden in Texas, write Jennifer Rabb and Lebena Varghese of the McNair Center for Entrepreneurship and Economic Growth. They argue that it is incumbent upon the government to make tax rate notices clear, relevant and above all truthful.
This paper models the oil strategy of Gulf Arab states under three future energy transition scenarios. Under the most ambitious scenario, the region would have to decouple its oil revenues from its economic growth and could face significant economic and political consequences.
This paper presents a simple dynamic growth model of investment, consumption, passive military spending, and active military spending for an oil-exporting country. It argues that under conditions of significant geopolitical strife, a country might engage in a military conflict of limited scope and extent to drive up oil prices and revenues.
This paper discusses the shortcomings of the narrow Egypt and Saudi Arabia Visions 2030 and argues for a comprehensive framework for regional economic integration, wherein each country’s vision is harmonized with those of its neighbors.
