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The Middle East and the New Global Economy: Development and Diversification in Saudi Arabia
23 Sep 2009
Saudi Arabia will join other Group of Twenty (G-20) nations this week to address the global economic recovery. In a discussion with the Middle East Youth Initiative, expert economist Hassan Hakimian explains that the government’s stimulus budget has helped to cushion the country from the worst effects of the recession. Yet, the long-term challenges of developing the non-oil, private sector and harnessing human capital remain.
Geithner and the New Middle East Economic Agenda
14 Jul 2009
As U.S. Secretary Treasury Geithner concludes his first visit to the Middle East, Navtej Dhillon argues for a new agenda which links U.S. efforts to reduce its dependency on foreign oil to the Middle East’s challenge of building diversified economies which provide a better future for the region’s citizens.
Posted
by Navtej Dhillon in Education, Employment, Middle East, Saudi Arabia, United Arab Emirates, United States at
19:00
The “Societal” Sector: A Wave of Opportunity for Saudi Arabia's Youth
29 Jun 2009
Alaa Al-Mizyen is our Youth Ambassador from Jeddah, Saudi Arabia. She is currently a student at Dar Al-Hekma College where she is majoring in banking and finance.
Posted
by Alaa Al-Mizyen in Civic Participation, Education, Employment, Middle East, Saudi Arabia at
09:15
Global Economic Crisis: Coping Mechanisms in Oil-Exporting Economies of the Middle East
16 Mar 2009
Djavad Salehi-Isfahani recently spoke on-air to 6 News, a Turkey-based TV channel, about how oil-exporting economies in the Middle East will cope with the economic downturn. If oil prices remain low over the course of the next year, economies such as Iran and Iraq will face pressure to implement fiscal adjustments more quickly, while other countries in the region, such as Saudi Arabia and the United Arab Emirates, may be able to compensate by drawing on large foreign reserves. An edited transcript of the interview follows.
Posted
by Djavad Salehi Isfahani in Education, Employment, Iran, Iraq, Middle East, Saudi Arabia, United Arab Emirates at
10:15
Global Economic Crisis: A Catalyst for Change in Saudi Arabia?
25 Feb 2009
Navtej Dhillon and Hassan Hakimian, Senior Lecturer in Economics at the Cass Business School, discuss the economic outlook for Saudi Arabia, a country which until now has enjoyed the benefits of windfall oil revenues, including low levels of public debt and ambitious state-led development projects.
Youth Ambassador Think Tank: Economic Life in the Middle East: A “High-Trust” or “Low-Trust” Environment?
9 Jan 2009
MEYI’s Youth Ambassador Think Tank is a forum to encourage active discussion on topics of timely relevance to Middle Eastern youth. Our fourth topic draws on the context of the current global economic crisis and asks participants if economic life in their country takes place in a “high-trust” or “low-trust” setting, how they anticipate this setting might change in the future, and what the effects of these changes will mean for young people.
Posted
by MEYI Team in Civic Participation, Employment, Housing and Credit, Global, Lebanon, Middle East, Saudi Arabia, Yemen at
16:00
Slipping Oil Prices: Is the Oil Rich Middle East Prepared?
21 Oct 2008
In the first commentary in the series, "Food, Fuel, and Finance: How Will the Middle East Weather the Global Economic Crisis?" Djavad Salehi-Isfahani examines how declining oil prices will affect government spending and youth-targeted development in the region. Compared to the 1980’s oil price collapse, today’s policy-makers face a more complex set of challenges, including a volatile global economy and large numbers of unemployed youth.
Posted
by Djavad Salehi Isfahani in Employment, Global, Iran, Iraq, Middle East, Saudi Arabia, United Arab Emirates at
16:15
Standing Before the Economic Fork in the Road
14 Oct 2008
Alaa Al-Mizyen is our Youth Ambassador from Jeddah, Saudi Arabia. She is currently a student at Dar Al-Hekma College where she is majoring in banking and finance.
