It is well established in the economic literature that it’s the rich who benefit from the lion’s share of energy subsidies. Yet, it is often the poor and vulnerable who protest loudly against…

Guillermo Beylis, Barbara Cunha |

The Middle East and North Africa region has never faced such significant stress on its ageing infrastructure like it does today, with one of the most telling being the substantial increase in the…

Sameh Mobarek, Moëz Cherif, Fanny Missfeldt-Ringius |

The Middle East and North Africa (MENA) is a region of extremes. It has the highest unemployment rate in the developing world, with the rate for women and young people double the average. MENA…

Shanta Devarajan |

The collapse of oil prices to levels unseen since the early 2000s has shaken markets and confidence in the health of major economies. Expert opinions about the factors driving the steep descent in…

Elena Ianchovichina, Shanta Devarajan |

The agreement reached by 196 countries at Paris to collectively work to limit the growth of global average temperatures to well below 2 degrees Celsius above pre-industrial levels is a landmark…

Charles Cormier |

With a lifting of sanctions in 2016, Iran could play a key role in energy markets but boosting capacity will require foreign investment, according to the World Bank’s latest edition of Commodity…

John Baffes |

We are currently witnessing shifts in major industries as a result of rapid technological innovation and industry interconnectivity. The amalgamation between transport and software, for example,…

Reem Muhsin Yusuf |

. World Bank Chief Economist for the Middle East and North Africa, Shanta Devarajan discusses potential economic scenarios for the region.

Shanta Devarajan |

One question that often arises when I meet colleagues who work on climate change is how the energy sector in the Middle East will adapt to a carbon-constrained world.   In May 2015, my inbox was…

Charles Cormier |

. As the price of oil falls, the discussion is heating up on what the impact will be for countries in the Arab World – especially online through the popular Arabic hashtag النفط_دون_50_دولار #   …

Shanta Devarajan |