• Initiative -
  • Type Think20 (T20)
  • Date 28 July 2020
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Abstract

The Middle East and North Africa (MENA) region consists of a heterogeneous group of countries ranging from high-income countries in the Arabian Gulf to middle-income and least developed countries. A dominant concern in the MENA region is the high dependence on oil and gas among high-income countries and on traditional agriculture among the least developed ones. The region is characterized by volatile economic growth owing to the changes in international commodity prices. This necessitates the adoption of economic diversification policies outside resource-based sectors. G20 policymakers should support MENA countries to leverage the global value chain in technology sectors in order to facilitate access to foreign markets. Policymakers should also provide technical developmental support for the region’s entrepreneurship ecosystem and improve the business competitiveness indicators of MENA countries.

Authors

Said A. Alshaikh

Said A. Alshaikh

Jamal Alzayer

Jamal Alzayer

Imed Drine

Imed Drine

David Havrlant

David Havrlant

As a research fellow, David contributes to a better understanding of the current and future economic environment of a changing… As a research fellow, David contributes to a better understanding of the current and future economic environment of a changing region. He is mainly interested in the development of models for policy analysis and forecasting. At the same time, he is involved in projects related to the Vision 2030 program, focusing on the economic transformation and diversification of the Saudi economy. Prior to joining KAPSARC, David worked at the European Commission, European Central Bank, Moody's Analytics and the Czech National Bank. In these institutions, he participated in economic policy analysis, forecasting and research. He also served as a consultant to central banks in the CEE region, managing a variety of economic modeling projects. David led courses in econometrics and operations research during his Ph.D. studies.

Abdulelah Darandary

Research Associate Abdulelah is an economist and Research Associate at the King Abdullah Petroleum Studies and Research Center (KAPSARC). He primarily works… Abdulelah is an economist and Research Associate at the King Abdullah Petroleum Studies and Research Center (KAPSARC). He primarily works with econometric modeling, with a research focus on macroeconomics and energy, international trade and investment flows, financial development, and public policy. His work has been published in several peer-reviewed journals. During the Saudi G20 presidency, he was the Task Force coordinator, member, and co-author for the Trade, Investment, and Growth Taskforce for Think20 (T20). Before joining KAPSARC, Abdulelah was an economic consultant for a major consultancy firm, where he provided policy analyses, modeling, and forecasting for the impacts of public spending on social and economic indicators. Abdulelah holds a master’s degree in Applied Economics and a Bachelor of Banking and Financial Economics from the University of North Dakota.

Expertise

  • Macroeconomics
  • Economic Growth
  • International Trade and Investment
  • Financial Development
  • Energy Demand
  • Public Policy

Publications See all Abdulelah Darandary’s publications

Farah Durani

Farah Durani

Salah Abu Nar

Salah Abu Nar

Hatem Akeel

Hatem Akeel

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