Value-added and excise taxes offer Gulf Arab states narrow fiscal levers to help offset the economic impact of the coronavirus crisis and drop in oil prices.
Most policy-makers are taking on COVID-19 as a one-time challenge, but a multi-round scenario could have disastrous implications for the global economy.
To keep enterprises afloat and save those that have incurred financial losses due to the lockdown, decisive and inclusive government action is necessary.
COVID-19 has introduced the concept of working from home to many who have never experienced it. But, different industry needs, varying family and gender roles, and a need for interaction may explain why it wasn’t already the norm.
The United States has been the world’s cultural giant since the twentieth century—but is its supremacy and soft power being challenged by Bollywood, Dizi, and K-Pop?
Bolsonaro has shifted focus from an economic reforms agenda, which the country sorely needs amid recession fears, to a cultural one, which pleases his supporters.
There can be no meaningful separation between state-building, peace-building, and revival at the end of a conflict, especially as post-conflict state institutions are the only apparatus which can be somewhat directly or indirectly accountable toward their populations for the management of the country.
Although cooperation with China can help Saudi Arabia boost production of solar power, global trade dynamics may complicate the kingdom’s renewable energy goals.
Russia is primed to benefit economically from an influx of foreign investment in Syria, but an emerging rivalry with China and Iran for contracts could erode its long-term leverage.
The issue of migration cannot, and should not be handled bilaterally between the Global North and Global South. What is needed instead is a focus on South-South relations to improve the lives of all people involved in migration.
Chinese activity in the Middle East has been a lesson in non-involvement and support for local economic projects; yet, as the Belt and Road Initiative kicks off, China’s role in the MENA region will inevitably change.
