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World Bank MENA Chief Economist: Towards a New Social Contract in the Middle East and North Africa
By Shanta Devarajan A snapshot of the Middle East and North Africa (MENA) Region today reveals a diverse and discouraging picture (Figure 1). Syria, Iraq, and Libya are suffering from violent conflict that has devastated people’s lives, infrastructure, and national
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UN Reports Potential for Gradual Return to Global Growth, Foresees Risks, Uncertainties
Global economic growth is forecast to continue increasing over the next two years, the United Nations reported today, despite legacies from the financial crisis continuing to weigh on growth, and the emergence of new challenges, including geopolitical conflicts such as
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Connie Hedegaard, EU Commissioner for Climate Action: Breaking Europe’s Imported Fossil Fuels Addiction
Europe is by far the largest importer of fossil fuel in the world. Recent developments in Ukraine, Syria and Iraq highlight once again how vulnerable our economy is to price spikes, external energy shocks and other regimes’ wishes. Like a
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