Energy

15 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.

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..."

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Report

The Energy Implications of a Nuclear Deal between the P5+1 and Iran

| July 14, 2015

On June 23 and 24, twenty five experts met at Harvard University’s Kennedy School of Government under the auspices of the Geopolitics of Energy Project at the Belfer Center for Science and International Affairs. The group, which included experts from academia, the financial sector, government, and the energy industry, spent an evening and the following full day discussing and debating the possible energy implications of a nuclear deal between the P5+1 and Iran.

An official watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia.

AP Images

Analysis & Opinions - Bloomberg Opinion

The Saudis Won't Let Oil Free-Fall

| December 3, 2014

With a few exceptions, the consensus emerging from last week’s inconclusive Organization of Petroleum Exporting Countries meeting is that if OPEC is not dead, it is at least in a coma.  This may be a reasonable judgment based on the group’s ability to take collective action on a production cut to bolster the price of oil in the short run. 

News

Podcast: Saudi Arabia's Foreign Policy Amidst Regional Instability with Prince Turki Al Faisal

    Author:
  • Prince Turki Al Faisal
| November 18, 2014

An audio recording from His Royal Highness Prince Turki Al Faisal of the Kingdom of Saudi Arabia, former Saudi Arabian Ambassador to the United States (2005-2007) and former Director General of Saudi Arabia's General Intelligence Directorate (1977-2001).

On November 18, 2014 Prince Turki spoke on regional instability and forces at work in the region, including power politics, energy markets, violent extremism, and theological divides, in a public address moderated by Kennedy School professor Nicholas Burns.