Awraq
A blog on the economies of the Middle East
Monday, 27 March 2017
Chronicles of an Omani devaluation unforetold
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What does a devaluation in 1986 tell us about the likelihood of another devaluation today? Of all countries in the Gulf, Oman carries ...
Friday, 17 March 2017
US rate hike highlights the region’s policy limitations
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The unintended fiscal consequences of higher US interest rates. The US central bank raised interest rates on Wednesday. The US economy...
Sunday, 5 March 2017
OPEC and oil: Out of ammo?
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There is little more OPEC could do to increase its revenue. The OPEC agreement to cut production has shifted oil prices to a higher le...
Sunday, 19 February 2017
OPEC cuts - a short-term gain for a long-term pain?
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OPEC’s strategy has worked so far, but could end up being self-defeating. OPEC surprised markets on 30 November 2016 by agreeing to cu...
Sunday, 9 October 2016
How much oil does Iraq produce?
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Disagreements about Iraq’s oil production could derail the recently-announced OPEC deal. OPEC surprised markets by agreeing, in princi...
Sunday, 31 July 2016
What does an IMF programme mean for the Egyptian pound?
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After many false dawns, Egypt is set to agree a deal with the IMF which could stabilise its battered currency. Egypt’s currency crisis...
Sunday, 26 June 2016
Brexit and the Arab World
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Limited economic consequences from Brexit on the Arab World. Against the odds, rational arguments and cost-benefit analysis , the good...
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