VAT Hike in Bahrain Points to Fiscal Challenges, Unattractive Choices Government Faced
Even though an increase in the VAT seems the most viable option, higher levels of public buy-in could be secured through greater transparency in fiscal policy.
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For UAE Economic Planning, Timing is Everything
The UAE’s push to reinvigorate its economy, in this manner and at this time, is linked to Expo 2020 Dubai, regional competition, and a broader realignment of Emirati foreign policy to better serve economic interests.
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UAE Moves to Retain and Attract Talented Expatriates
Emirati officials are rolling out an array of policies and initiatives intended to attract higher-skilled expatriates, but overlapping initiatives will likely heighten regional competition over foreign talent.
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2021 Budgets Indicate Tough Economic Times Ahead
Mostly smaller budgets and conservative oil price assumptions signal the start of another challenging economic year for the Gulf region.
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Debt Maturities Loom As Gulf States Sell More Bonds
Regional policymakers must grapple with how the political and economic systems that they plan to sustain with today’s debt can meet tomorrow’s obligations.
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Is This Time Different? The Gulf’s Early Economic Policy Response to the Crises of 2020
As Gulf Arab policymakers continue to confront an ambiguous future, they will rely heavily on familiar economic policy measures and avoid straying from the status quo as long as possible.
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Value-Added Tax in Gulf Arab States: Balancing Domestic, Regional, and International Interests
Despite beginning as a regional policy, the VAT in the Gulf is becoming an increasingly country-focused initiative.
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China’s Gulf Investments Reveal Regional Strategy
A unique pattern of provincial or regional consortiums from China are deeply engaged in marquee Belt and Road Initiative projects that are shaping the future of China’s power in the Gulf.
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Diversified Investment in UAE Shaping China’s Economic Role in the Gulf
Despite a large appetite among Gulf Arab states for Chinese investment and trade, the UAE has emerged as China’s primary economic partner in the region.
Erdogan Overcomes Opposition – and Economy – to Prevail in Presidential Runoff
Turkish President Recep Tayyip Erdogan has proved he can win a national election without a successful economy; however, he cannot begin to achieve his vision of Turkish greatness without economic greatness as well.
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Through its careful examination of the forces shaping the evolution of Gulf societies and the new generation of emerging leaders, AGSIW facilitates a richer understanding of the role the countries in this key geostrategic region can be expected to play in the 21st century.
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