As Ramadan is on the way, the government loses control over food prices

The independent parliament member, Bassim Khashan, underlined the government’s failure in controlling food supplies’ prices...

Will Another Taper Tantrum Hit Emerging Markets?

Market movements this month have led to renewed fears that changes in US financial and monetary conditions will trigger a painful wave of capital flight from emerging markets...

Will Inflation Make a Comeback?

Economic forecasting models have long been notoriously inaccurate in predicting inflation, and COVID-19 has further complicated the challenge...

Iran’s Gasoline Protests: Regime Unpopular but Resilient

Whither Central Banking?

In an environment of secular stagnation in the developed economies, central bankers ingenuity in loosening monetary policy is exactly what is not needed. What is needed are admissions of impotence, in order to spur efforts by governments to promote demand

The Anatomy of the Coming Recession

Unlike the 2008 global financial crisis, which was mostly a large negative aggregate demand shock, the next recession is likely to be caused by permanent negative supply shocks

Understanding the Fed’s Dovish Turn

Over the past few years, the US Federal Reserve has been ahead of other major central banks in normalizing monetary policy.

What fuel, bread and water reveal about how Egypt is mismanaged

The price is wrong, Egyptians are addicted to subsidies that make them poorer

Why Low Inflation Is No Surprise

Inflation has remained stubbornly low across the global North has come as a surprise to many economic observers

Could the Iranian Economy Sink Rouhani?

Anti-regime protests in Iran erupt across the country

Protesters chant death to the dictator

Egyptians react with anger as petrol prices double, but are scared to show dissent

Terms of new IMF loan dictate that fuel subsidies have to be scrapped, meaning costs are increasing yet again