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 report explores the current situation in Palestinian-Israeli dynamics and concludes that the only real solution is a return to the two-state paradigm. Peace and security — for both Israelis and Palestinians — will come through mutual recognition of statehood and clearly defined and respected international borders, the author writes.
Procedural reforms can further advance the development of start-ups in Bahrain, writes the author in this evaluation of the country’s entrepreneurship ecosystem.
OPEC may opt to continue or deepen its oil production cuts at its upcoming May meeting, as a growing number of highly efficient U.S. shale operators now appears able to maintain oil production — and even expand it — at prices that likely are unsustainably low for many major exporters’ national budgets, writes energy fellow Gabriel Collins.
A new generation is taking office in the Gulf as a cadre of ambitious, young ruling family members and technocrats have emerged in Qatar, Saudi Arabia and the United Arab Emirates. In this journal article, fellow Kristian Coates Ulrichsen analyzes the challenges facing this generation in light of the recent collapse in world oil prices.
Though drops in oil prices stand to impact Saudi Arabia’s economic stability, the government has turned to drawing down its foreign reserves and issuing bonds to alleviate budgetary pressures and avoid drastic domestic spending cuts. Fellow for the Middle East Kristian Coates Ulrichsen writes in the Baker Institute Blog: http://bit.ly/1fKLWG9.