COVID-19 Pandemic and the Middle East and Central Asia: Region Facing Dual Shock

2020-05-13T11:31:00-04:00March 23, 2020|

This blog is part of a series providing regional analysis on the effects of the coronavirus.

By Jihad Azour

عربي, Español, Français, Português, Русский

The impact of COVID-19 and the oil price plunge in the Middle East and the Caucasus and Central Asia has been substantial and could intensify. With three-quarters of the countries reporting at least one confirmed case of COVID-19 and some facing a major outbreak, the coronavirus pandemic has become the largest near-term challenge to the region. […]

Ensuring the Benefits of Capital Flows in the Middle East

2021-05-13T12:56:12-04:00January 15, 2020|

By Jihad Azour and Ling Zhu

عربي, Français

Since the global financial crisis of 2008, emerging market economies have experienced a surge in capital flows in response to significant monetary easing by major central banks. Gross capital inflows to the Middle East and North Africa (MENA) have remained high compared to other emerging markets, but their composition has changed significantly, with a surge in portfolio flows (equity and bond instruments) and a decline in foreign direct investment. […]

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