The Role of the Private Sector in Improving Public Services in Arab Nations
Most people in the Arab world believe that the state has a fundamental obligation to supply goods and services that they qualify as consider to be public services, such as health care, education, solid waste treatment, electricity, roads, and other infrastructure. More
Economics 101: Sharjah science park research sets finely finessed example
Sharjah recently commenced construction of a science park that is to bring together investors, companies and scientists, as part of the emirate’s drive to become a knowledge economy. More
Encouraging a More Open Economy Helps Society Too
As the governments in the Arabian Gulf seek to shift economic activity away from the public sector towards the private sector, a debate alien to recent generations of Gulf citizens potentially takes centre stage: do freer markets make societies more virtuous, or do they push them towards selfishness and vapid materialism? More
The Risks and Rewards of Automation
As robots and automated services increase in number globally, scholars have been quick to point to the potential threat such developments pose to a harmonious society. More
Rent Controls Create Shortages and Diminish Quality
Most people are convinced that housing shortages are the result of greedy landlords charging rents that are unjustly high. More
Rent Controls are a Waste of Society’s Time and Resources
Rent controls are a policy favoured by many governments, including those of the Arabian Gulf countries, with the goal of helping low-income families access affordable housing. More
Why Do Governments Bother with Rent Controls?
In our last two articles, we have seen how rent controls cause housing shortages, damage housing quality, and waste the valuable time and resources of the low-income groups that the policy is designed to assist. Yet despite the manifest malfunctions of rent controls, they remain an intensely popular policy, both at the grass roots level, and among senior policymakers. Do they have any redeeming qualities, and are there superior alternatives? More
When Family Ties and Good Governance Come into Conflict
Family businesses are the backbone of the private sector in Arabian Gulf countries, as they continue to offer many advantages over conventional firms. More
The Economics of Succeeding at University
Every year, over 100,000 people are enrolled in universities in the UAE, reflecting its growing commitment to education. More
Should the Arabian Gulf tweak its migrant worker system?
Donald Trump recently proposed a new US immigration system that uses points, drawing inspiration from the existing Australian and Canadian versions. The stated motivation is the desire to ensure that the United States opens its economic doors to the “highest quality” prospective migrants. Should the Arabian Gulf countries consider a points-based system? More
Should the Gulf Countries Decrease Low-Skilled Immigration?
As the Arabian Gulf countries look to generate private sector job opportunities for nationals, a common complaint among jobseekers is that the wages in many occupations are unacceptably low. More
Decentralize car checkup process in Lebanon!
Long, draining, inefficient… These are a few words to describe the car checkup process in Lebanon. Most countries require car owners to submit their cars to a periodical mechanical check up to increase road safety. Cars that are up to the standards are given a license or a sticker that proves that these obligations were met. In Lebanon, the government contracts with one private company to do car checkups and mechanic licenses. So what are the consequences of allowing one company to do the job? And are there any different examples of how to run these checkups? More