205 Items

Secretary General of the Gulf Cooperation Council (GCC) Nayef Falah Al-Hajraf during a press conference during the 41st Gulf Cooperation Council (GCC) meeting being held in Al Ula, Saudi Arabia, Tuesday, Jan. 5, 2021.

AP Photo/Amr Nabil

Paper - Middle East Initiative, Belfer Center

From #Hashtags to Legislation

    Authors:
  • Oussama Belmejdoub
  • Bilal Diab
  • Samira Kalla
  • Ha Nguyen
  • Abdulla Saif
  • Ivan Yotzov
| February 2023

Ownership of reforms by citizens is often presented as important for success. This paper explores media engagement and support for economic reforms in the Gulf Cooperation Council (GCC) countries using text analysis techniques on publicly available sources. Results show that while reform efforts have intensified in recent years in the GCC, these efforts tend to focus on stronger rather than weaker policy areas, potentially limiting the growth-enhancing effect of reforms. Social media analysis using Twitter shows that the population’s support for reforms has been declining. The analysis of traditional
news media points to more engagement by international than by local media. However, sentiment from international media is less positive about economic reforms in the GCC. Sentiment in international media and social media matters, as evidenced by its positive and strong correlation with FDI inflows into the GCC.

Panelists on stage during hydrogen discussion at Rome Med 2022

Rome MED – Mediterranean Dialogue

News - Belfer Center for Science and International Affairs, Harvard Kennedy School

Is Hydrogen Our Future?

On December 3, 2022, Nicola De Blasio, Senior Fellow with the Belfer Center’s Environment and Natural Resources Program (ENRP), chaired a panel discussion, “Is Hydrogen Our Future?,” at the Rome MED – Mediterranean Dialogue (Rome MED), an annual high-level conference on Mediterranean geopolitics. The panel discussion was part of ENRP’s Future of Hydrogen project’s ongoing engagement with global policymakers, who are increasingly viewing hydrogen as a solution to meeting their decarbonization and energy security goals. 

Electricians install solar panels.

AP/Mary Altaffer

Report Chapter - Brookings Institution

Mexico’s Energy Reforms: A Blow to Realizing the Most Competitive and Dynamic Region in the World

| Feb. 28, 2022

In late 2017, Mexico made headlines as Italian company Enel bid what was then a world-record low price for renewable energy in the country’s third such energy auction. This development was possible due to the historical and sweeping energy reforms passed with broad support in Mexico in 2013. Then-President Enrique Peña Nieto had succeeded where previous Mexican presidents had failed, reversing decades of resource nationalism and overhauling the energy sector through constitutional reforms that gave the private sector a larger role and advantaged renewable energy in Mexico’s economy. The 2017 auction seemed to indicate Mexico’s bright future not only as a conventional oil producer, but also as a clean energy power.

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Analysis & Opinions - Bloomberg Opinion

Russia’s Oil Weapon May Be More Potent Than Gas Blackmail

| Jan. 28, 2022

Russian military action in Ukraine could trigger an energy crisis even more serious than the one already hitting Europe. As has been pointed out, should the West hit Russia with severe new sanctions, President Vladimir Putin could cut off natural gas exports, leaving the continent shivering through midwinter. Yet there is another potential weapon of Russia’s that’s been less discussed and might be very effective: An ability to disrupt global oil markets, which would directly hit U.S. consumers.

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Analysis & Opinions - Economic Research Forum

Access to finance for Egypt’s private sector during the pandemic

| May 11, 2021

In response to the global pandemic, public authorities in Egypt responded with a comprehensive package aimed at tackling the health emergency and supporting economic activity. This column examines how private sector firms perceived ease of access to finance before and after the emergence of Covid-19 in 2020.

    Workers stand on a platform at a Saudi Aramco oil separator processing facility in Abqaiq, near Dammam, Sept. 20, 2019.

    AP Photo/Amr Nabil

    Paper

    Reversal of Fortune for Political Incumbents after Oil Shocks

      Authors:
    • Simeon Djankov
    • Ha Nguyen
    • Ivan Yotzov
    | March 2021

    This paper explores the effect of oil shocks on electoral outcomes. Using a new polling and election data set for 207 elections across 50 democracies, the paper shows that oil price increases systematically lower the odds of reelection for incumbents. The analysis verifies that these shocks—which reduce consumption growth—are associated with worsening performance for incumbents in the runup to reelection and a reversal in the leaning of the political party in power post-election.