Gulf Monitor
Gulf Monitor
Castlereagh’s Gulf Monitor provides an insight into key developments in economic diversification, monetary and fiscal policy, social policy and foreign relations in line with the collective ambitions of GCC states to change their economies, yet preserve their systems of governance.
Also housed on this page is the Market Watch collection by Karen E. Young, who has followed and mapped closely the GCC states’ policy response since 2015. It is an authoritative guide to understanding policy formation, reaction and hydrocarbon reliance in the GCC in the last five years.
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Economic Nationalism at the Expense of GCC Integration
There are a number of new tax initiatives unfolding across the Gulf Cooperation Council, the most publicized and cohesive of which is the value-added tax to be introduced collectively in 2018.
Market Watch Blog AGSIW | Karen E. Young | Fiscal policy
Oman’s Fiscal Management Problem
Omani foreign policy is deft; its fiscal policy, however, is struggling.
Market Watch Blog AGSIW | Karen E. Young | Fiscal policy
Pricing the Trump Risk in Gulf Economies
U.S. financial markets reacted swiftly to the weekend’s flurry of mixed messages generated by President Donald J Trump
International Trade, Investment, and Finance in the Trump Administration
On January 20, Donald J. Trump was sworn in as president of the United States. AGSIW senior resident scholars examine statements made by some of the president’s key Cabinet nominees during their confirmation hearings – and by the president himself – for clues to the new administration’s likely policies on the issues of most pressing interest to the Gulf Arab states.
Reformers are Holding Ground: Saudi Arabia’s New Fiscal Policy
This post is part of an AGSIW series on Saudi Vision 2030, a sweeping set of programs and reforms adopted by the Saudi government to be implemented by 2030
Easing Labor Market Restrictions in the Gulf
Labor markets in the Gulf Cooperation Council states are notoriously rigid: in their protection of nationals in public sector employment, in the preferential treatment of nationals in ownership structures of private firms, and in the tight regulation of foreign workers’ mobility.
Transactional Partnerships To Define Foreign and Economic Policy in the Gulf
The new Trump administration will likely offer a more transactional view of US
Saudi Arabia’s Impeccable Timing in Debt Markets
This post is part of an AGSIW series on Saudi Vision 2030, a sweeping set of programs and reforms adopted by the Saudi government to be implemented by 2030.
The Irony of Kuwait’s Economic Reform Agenda
On October 16 2016, Kuwait’s Emir Sheikh Sabah al-Ahmed al-Sabah dissolved Parliament, citing concerns about security and finances in an era of reduced oil revenue.
For Saudi Economic Reforms, Timing is Everything
This post is part of an AGSIW series on Saudi Vision 2030, a sweeping set of programs and reforms adopted by the Saudi government to be implemented by 2030.
Gulf States are Torn Between Economic Sense and Military Ambition
There is a certain irony in the Arab Gulf states’ rising power across the Middle East and North Africa.
The Economic War in Yemen
Oil revenue and debilitated financial institutions weaken recovery hopes.