Fiscal Policy

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Oman Gets Economic Policymaking Right – For Now

The Omani government deserves credit for sound economic policymaking and reform progress, but the longer-term outlook for the economy remains uncertain.

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Waiting on Hardship: Economic Jihad or Market Liberalization in Iran?

The Raisi government’s political rhetoric of submission to economic hardship fails to provide a tangible economic solution to tackle Iran’s economic crisis.

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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.

The Gulf Finds Its Voice on Gaza and Considers the Path Ahead

With a mix of condemnation, maneuver, and strategic calculation, Gulf countries are navigating the current crisis.

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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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