Middle East & North Africa

4 Items

Blog Post - Views on the Economy and the World

Fiscal Education for the G-7

| May 26, 2016
As the G-7 Leaders gather in Ise-Shima, Japan, on May 26-27, the still fragile global economy is on their minds.  They would like a road map to address stagnant growth. Their approach should be to talk less about currency wars and more about fiscal policy.Fiscal policy vs. monetary policyUnder the conditions that have prevailed in most major countries over the last ten years, we have reason to think that fiscal policy is a more powerful tool for affecting the level of economic activity, as compared to monetary policy.

U.S. Secretary of State John Kerry shakes hands with Israeli Prime Minister Benjamin Netanyahu in Tel Aviv, Israel, on July 23, 2014, before the two sat down to discuss a possible cease-fire to stop Israel's fight with Hamas in the Gaza Strip.

U.S. State Dept.

Analysis & Opinions - Foreign Policy

Netanyahu's Not Chickenshit, the White House Is

| October 31, 2014

"Is this any way for the senior officials of a mature great power to behave? Loose lips sink ships, and loose talk derails effective diplomacy. If there was a purpose behind this statement, then it was lame-brained. And if it was just a petulant bit of verbal payback by a frustrated official, then it's a sign of professional incompetence."

Blog Post - Views on the Economy and the World

Escaping The Oil Curse

| Dec. 15, 2011
Libyans have a new lease on life, a feeling that, at long last, they are the masters of their own fate. Perhaps Iraqis, after a decade of warfare, feel the same way. Both countries are oil producers, and there is widespread expectation among their citizens that that wealth will be a big advantage in rebuilding their societies.Meanwhile, in Africa, Ghana has begun pumping oil for the first time, and Uganda is about to do so as well. Indeed, from West Africa to Mongolia, countries are experiencing windfalls from new sources of oil and mineral wealth.