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Leon Aron's work forms the core of the institute's program on Russia. By Karen Young aei.org — Blog Post Foreign and Defense PolicyAfricaMiddle East February 3, 2021In my research, I focus on empirical understandings of emerging markets in the Middle East and the politics that drive economic decision-making and foreign policy. With great sensitivity, she has explored many styles and traditions of music. American Enterprise Institute Karen Young is a resident scholar at AEI, where she focuses on the political economy of the Middle East, the Cooperation Council for the Arab States of the Gulf (best known as the GCC), and the Arabian Peninsula. Related. The spike in prices will add pressure from citizens — and even expatriates — on governments to provide financial support and pandemic stimulus measures. Contact. Resident Fellow Karen Young discusses the roots of the Gulf’s rift with Qatar and what this means for reconciliation on Bloomberg’s ‘Bloomberg Daybreak: Middle East.’ Young appears at 27:10. Launched in August, Karen E. Young's Gulf Financial Aid and Direct Investment Tracker analyzes Gulf investments by sector and provides details on state investment actors. Karen Young – Clazz International Music Festival. Find contact's direct phone number, email address, work history, and more. American Enterprise Institute 1789 Massachusetts Avenue, NW Washington, DC 20036 Main telephone: 202.862.5800 Main fax: 202.862.7177 In the medium-term, the ability to dominate energy markets, and not just oil, will be a strategic imperative, and probably the best place to reinvest any windfalls from the current upcycle. The ripple effects of an oil boom in the Gulf have long defined the economic health of the wider Middle East, impacting everything from aid to remittances and investment flows. GCC states risk backtracking on policies to rationalize utility prices and curtail their public-sector wage bills. They will have little money or energy to help Arab economies in distress, like Syria or Lebanon. But we should resist the temptation to equate this price spike to surges of the past, particularly the so-called “magic decade” between 2003 and 2014. Editor’s Note: This report by AEI’s Karen Young was translated into German and originally appeared in Vol. Karen Young is a resident scholar at the American Enterprise Institute (AEI), where she focuses on the political economy of the Gulf Cooperation Council states and the broader Middle East. Saudi Arabia and Kuwait also face continued deficits in their fiscal balances. She is an adjunct faculty member in political science at the George Washington University and Johns Hopkins School of Advanced International Studies. What political outcomes can Gulf states consolidate in the Horn of Africa and the Middle East? View the profiles of people named Karen Young. American Enterprise Institute 1789 Massachusetts Avenue, NW Washington, DC 20036 Main telephone: 202.862.5800 Main fax: 202.862.7177 KAREN YOUNG: AEI. Contact. voice Mainly known as a jazz singer, Karen Young is a gifted musician. Karen E. Young is a former senior resident scholar at the Arab Gulf States Institute in Washington. Karen.Young@aei.org Get Author's RSS Feed Karen E. Young is a resident scholar at the American Enterprise Institute. According to AEI's China Global Investment Tracker, there was no Chinese FDI into the UAE or Saudi Arabia, and contract awards amounted to 8% of 2019 awards in the first half of 2020. with the MLS APP! Main fax: 202.862.7177, © 2021 American Enterprise Institute |, rebounding thanks to an extended OPEC+ production cut, efforts to strong-arm companies to move their headquarters, Saudi Arabia wants to be a normal country, Davos of the desert gets its timing right. Watch below as AEI’s Karen Young discusses the impact of the COVID-19 pandemic on the politics of states in the Persian Gulf. The smart money will be on doubling down on strategic investments in a post-oil future and dedicating some increased government spending to immediate job creation and support for a private sector. It is telling that Saudi Arabia is betting competition from U.S. shale will not reignite. AEI's Europe program was previously housed under the auspices of the New Atlantic Initiative, which was directed by Radek Sikorski before his return to Polish politics in 2005. 3 of Internationale Politik: Wirtschaft (November 2018–February 2019). No. Karen E. Young is a resident scholar at the American Enterprise Institute (AEI). How will their competition for customers in India and China play out? Seizing the opportunity created by the boom may require keeping others from the party, which means the dominant OPEC+ members will be loath to allow increased production from countries like Iran, Iraq, Libya and Venezuela. https://www.atlanticcouncil.org/.../global-energy-forum/dr-karen-young The Latest; NR PLUS World. 4/16/2020 0 Comments From the beginning of the Gulf crisis in June 2017, it was clear to the Trump administration that it could do little in terms of direct mediation between Gulf leaders. It will be instructive to see how the GCC states use this last oil boom to pursue foreign-policy goals in their immediate neighborhood, and development strategies that link their economic futures to the growth of densely populated emerging markets farther afield. Karen Connects You in Real Time! But so too has outgoing FDI from the Gulf to the Middle East, Pakistan and the Horn of Africa. In January, ... Karen Young briefed US and foreign policymakers and military officials on the ideas in several key publications related to the Gulf’s economic statecraft. The future of the GCC is still one in which oil revenues fail to meet growth goals of governments, with a knock-on effect on job expectations of citizens. America Needs the Middle East to Grow . By Karen … Non-OPEC members Qatar, Bahrain and Oman will enjoy the benefits of increased production and higher prices. Punitive workforce-nationalization measures and efforts to strong-arm companies to move their headquarters will be counter-productive. COVID accelerates evolution of Gulf economies. AEI staff tend to view … If this is oil’s last hurrah, it will not ring across the region. https://www.birmingham.ac.uk/staff/profiles/law/yeung-karen.aspx On Twitter: @professorkaren. The Saudis, in particular, will continue to resist Iran’s economic and political rehabilitation. 4 talking about this. Even at $70 a barrel, the current prices do not meet fiscal break-even thresholds for most Gulf Arab states. For the Saudis, energy diversification has meant building refining capacity in strategic locations like India and chemical plants in Texas, as well as developing a liquified natural gas business and being a first mover in green hydrogen technology. Foreign and Defense Policy Middle East August 25, 2020 Watch below as AEI’s Karen Young discusses the impact of the COVID-19 pandemic on the politics of states in the Persian Gulf. Op-Ed February 04, 2021. Moreover, China's foreign investment flows into Pakistan and Egypt, while strong in 2019, evaporated in 2020. The smaller GCC members, with fewer citizens to support, will enjoy a competitive advantage in labor markets, being better able to attract and retain highly skilled foreign workers. Washington, DC 20036, Main telephone: 202.862.5800 This is good news for the oil producers of the Gulf Cooperation Council. Even so, Bahrain and Oman are unlikely to avoid fiscal deficits this year, even with dramatic budget consolidation measures in place. Ring Back Tone :*11992 10721059,*11992 10721060Dtac Music : https://music.dtac.co.th/render/home/portal#/search/0/Kai%20Su%20Me%20Thi%20Hong%20LPoe Karen … The gap between revenue and fiscal expenditure has been so wide since 2015 that the rebound won’t alter the basic fact that governments need to find new sources of revenue. She would have wanted to become an ethno-musicologist; she became a timeless and borderless musician. Half of the National Security Council's leaders are reportedly women, according to The Federalist. Dr. Karen E. Young is a resident scholar at the American Enterprise Institute (AEI), where she studies the political economy of the Middle East, with a special focus on the states of the Gulf Cooperation Council. Join Facebook to connect with Karen Young and others you may know. AEI'S KAREN YOUNG: GULF, MENA POLITICAL ECONOMIES AND THE COVID PANDEMIC. AGSIW Senior Resident Scholar Karen E. Young discusses corruption reform in Saudi Arabia, led by Crown Prince Mohammed bin Salman. “We are going to see much more debate on nationalism, ageism, sexism and employment opportunities,” she said. today we talk about the youngest karen ever2nd channel : https://www.youtube.com/channel/UCjuKQCmKlCtrPL2wl1uIphQ?view_as=subscribertwitter : … Foreign Policy. Karen E. Young. Washington, DC 20036, Main telephone: 202.862.5800 In the short-term, if OPEC+ holds its nerve and Saudi Arabia carries the lion’s share of the production cuts, oil prices at $70 a barrel through 2021 will create a much-improved growth outlook for the Gulf states. AEI scholars widely repudiated Medicare for All plans popular among 2020 presidential candidates. Her current research focuses on the future of Gulf economies, especially with diversification and liberalization. We are approaching an energy inflection point in the global economy: plentiful oil supply, a demand plateau by 2030 and more competitive renewable-energy options, even as investors and consumers grow more leery of carbon-intensive products. The webinar was moderated by Luciano Zaccara, research assistant professor in Gulf politics at Qatar University, and Simon Mabon, director of the Sectarianism, Proxies and De-Sectarianization Project, and included Guy Burton, visiting fellow at the London School of Economics Middle East Center, Jacopo Scita, Al Sabah doctoral fellow at Durham University, and Marc Owen Jones, assistant professor in Middle East studies and digital humanities at Hamad bin Khalifa University in Doha. American Enterprise Institute Oil prices are rebounding thanks to an extended OPEC+ production cut, a surge in demand as economies recover from the coronavirus pandemic, and the beginning of a supply reaction from a year of both diminished production and inventory draw-downs. 1789 Massachusetts Avenue, NW In other words, if there is an oil boom this year, it may well be the last. 1789 Massachusetts Avenue, NW But any windfall for GCC states this year will more likely be used to consolidate domestic policy gains and for growth in energy markets, mostly in Africa and Asia. The gap between revenues and expenditure, even allowing for significant cuts made over the past year, will continue to define Gulf states’ public finances. An eco-friendly Biden administration also fits into that calculation. Over the past six years, that gap has been filled by borrowing, which did not slow down even through 2020, with Gulf issuance increasing by 35% from 2019. This means they can focus on market share and relationship-building with key Asian customers without fear of resurgent American production. Karen Young has been singing, writing and perform... clazzmusicfestival.com. Tags: Gulf Cooperation Council, oil, OPEC, Saudi Arabia, Shale oil. Main fax: 202.862.7177, © 2021 American Enterprise Institute |, Gulf financial aid and direct investment: Tracking the implications of state capitalism, aid, and investment flows, Gulf financial aid and direct investment tracker, Gulf investment woes, COVID-19 economic crisis converge in Egypt. It will not be an even picture, however. The AEI expert predicted that the coming years would see a “squeeze” on poorer sections of society who have less access to financial service products. View Karen Young's business profile as Gulf Analyst at American Enterprise Institute. Resident Scholar @ProfessorKaren. On nationalism, ageism, sexism and employment opportunities, ” she said across the.. 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