On September 30, AGSIW hosted a virtual roundtable on the Gulf’s economic policy response to the crises of 2020. The interrelated crises of the coronavirus outbreak and oil price rout have placed severe economic pressure on Gulf governments and private sectors across the region, highlighting prevailing dynamics and exacerbating existing trends in Gulf economies. Facing an ambiguous future, many Gulf states are leveraging familiar crisis response mechanisms as they confront these new, interrelated challenges.

How effective are ongoing economic policy measures, such as expansive economic support packages, social safety nets and state benefit reassessments, budget cuts and spending reallocations, raising new revenue domestically, and tapping debt markets? How does the ongoing economic turbulence affect Gulf states’ economic goals, including diversification? What ramifications might these policies have beyond the Gulf region? Robert Mogielnicki and Ayham Kamel addressed these questions and more.

This program was convened by invitation only and conducted under the Chatham House Rule. If you are interested in being included in AGSIW’s exclusive events, please contact Raymond Karam, chief program and development officer: [email protected].