Energy

21 Items

(Economic Research Forum)

(Economic Research Forum)

Journal Article - Economic Research Forum

Is Oil Wealth Good for Private Sector Development?

| March, 2019

When do autocratic rulers in oil-producing countries support private sector development? We argue that the size of oil rents per capita has an important effect on ruler support for the rule of law, respect for private property rights, and other factors that promote private investment.

(POMEPS Studies)

(POMEPS Studies)

Report Chapter - Project on Middle East Political Science

A landing strategy for Saudi Arabia

| January, 2019

With rising population and incomes, the “rentier” mode of development in Saudi Arabia has long been unsustainable. While the issue of fiscal stabilization will occupy policy-making in Saudi Arabia in the short and medium terms, the long-term challenge of finding new sources of growth to complement oil has only been made starker by the recent drop in oil prices. Analysis of the prospects for such reforms in KSA has long been divided between two opposite camps: those who believe that the inadequacies of the rentier model will necessarily usher a doomsday scenario sooner or later, regardless of economic policies; and those who believe the impending crisis can be met by moving from the current mono-sector economy to a modern and diversified knowledge based economy OECD-style.

Natalie Jaresko at the Harvard Kennedy School.

Benn Craig

News

Natalie Jaresko discusses her time as Finance Minister of Ukraine with Harvard's Future of Diplomacy Project

| Dec. 21, 2016

Natalie Jaresko (MPP ’89), former Finance Minister of Ukraine, returned to Harvard on October 31st, 2016 to take part in the Future of Diplomacy Project’s international speaker series. In a public seminar moderated by Faculty Director Nicholas Burns, Jaresko, who currently serves as chairwoman of the Aspen Institute Kyiv, reflected on her time in office from 2014 to 2016. In her two years in office, the Ukrainian government  had to contend with the Russian annexation of Crimea, a national debt crisis, widespread governmental corruption, and political instability.

Prince Mohammed Bin Salman of Saudi Arabia

Wikimedia Commons

Analysis & Opinions - The Washington Post

A 30-Year-Old Saudi Prince Could Jump-Start The Kingdom - Or Drive It Off A Cliff

| June 28, 2016

The tensions unsettling the Saudi royal family became clear in September, when Joseph Westphal, the U.S. ambassador to Riyadh, flew to Jiddah to meet Crown Prince Mohammed bin Nayef, nominally the heir to the throne. But when he arrived, he was told that the deputy crown prince, a brash 30-year-old named Mohammed bin Salman, wanted to see him urgently. Senior Fellow, David Ignatius, discusses Mohammed bin Salman opportunity to transform Saudi Arabia.

Leaders of the Gulf Cooperation Council (GCC) countries meet at a summit in Doha in December 2014.

Getty Images/Marwan Naamani

Analysis & Opinions - Agence Global

The GCC states face their biggest challenge ever

| December 30, 2015

"Keep your eyes on the oil-fueled Gulf Cooperation Council (GCC) Arab states in the year ahead, because they are just starting to experience a genuinely novel, almost existential, challenge that will test the quality of their statehood and national integrity as these have never been tested before. The issue that sparks this historic reckoning of statehood and citizenship in the GCC is not Iran’s nuclear future, the fate of “Islamic State,” nor the wasteful war in Yemen. It is the sudden array of sharp fiscal adjustment measures that most GCC states have announced in the past three weeks..."

News

What’s at Stake in Paris - Diplomacy & Policy at the Climate Change Talks

Nov. 22, 2015

Opening the joint CLIMATE CHANGE DIPLOMACY WEEK event series, speakers and leading climate change experts from both Harvard and beyond participated in a panel discussion titled "What's at Stake in Paris?: Diplomacy and Policy at the Climate Change Talks," moderated by the Future of Diplomacy Project Faculty Director, R. Nicholas Burns, and co-hosted with the Harvard Project on Climate Agreements on November 9. The speakers comprised of Sturgis Hooper Professor of Geology at Harvard University, Daniel Schrag;former Costa Rican Minister of Environment and Energy, René Castro; former Under Secretary of State for Democracy and Global Affairs and chief climate negotiator, Paula Dobriansky; and Albert Pratt Professor of Business and Government and Director of the Harvard Project on Climate Agreements, Robert Stavins. Together panellists weighed in on the upcoming UNFCCC talks to be held in Paris in December and the overarching policy issues at play.

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News

Ukrainian Finance Minister On Making Change Happen In Ukraine

Sep. 30, 2015

Finance Minister of Ukraine and HKS alumna, Natalie A. Jaresko MPP 1989, participated in a conversation with Future of Diplomacy Project Faculty Director R. Nicholas Burns titled “Ukraine: Making Change Happen” on September 23. Minister Jaresko commented on the current state of economic reforms and debt restructuring in Ukraine, pairing her incisive analysis with descriptions of personal experiences working at a high-level in governments in both the US and Ukraine.