Amid the overwhelming popular enthusiasm and unprecedented media coverage in the Arab world that accompanied the 2008 U.S. presidential elections, the Carnegie Middle East Center provided an open forum for distinguished Arab observers to share their thoughts on future American policies in the Middle East.
The financial interdependence that sovereign wealth funds (SWFs) created between the West and the Arab world could help stabilize multilateral relations and promote economic development and political stability in the Middle East.
Free trade agreements between the West (U.S. and EU) and Middle East and North African (MENA) countries, while containing beneficial elements, have strengthened negative perceptions of “western-led globalization” because they benefit unpopular elites and impose serious short term economic adjustment.
Arab governments tempered public anger at rising food prices by increasing wages and subsidies, but their approach is not sustainable without raising taxes. Instead they should revise agricultural policies, expand social safety nets, and curb excessive energy consumption, argues Carnegie Middle East Center economist Ibrahim Saif.
The role of Sovereign Wealth Funds, large state-owned investment vehicles, in the global financial architecture is beginning to top the political agenda in Europe and the United States. Europeans and Americans have voiced their concerns about the economic and political influence that foreign governments could exercise through their SWFs.
There is perhaps no leader in the world more important to current world affairs but less known and understood than Ayatollah Ali Khamenei, Supreme Leader of Iran. In a unique and timely new study Carnegie’s Karim Sadjadpour presents an in-depth political profile of Khamenei based on a careful reading of three decades' worth of his writings and speeches.
France sees the ascent of Anglo-American influence as having advanced at its expense not only in Iraq, but also in North Africa, a zone long considered to be France’s backyard.
Confrontational U.S. policy that tried to create a “New Middle East,” but ignored the realities of the region has instead exacerbated existing conflicts and created new problems. To restore its credibility and promote positive transformation, the United States needs to abandon the illusion that it can reshape the region to suit its interests.
Kuwait has made exemplary strides towards democratic reform over the last two years, but deep tensions between the ruling Al Sabah family and the parliament, as well as fractures within the political opposition, could hinder future progress, according to a new paper from the Carnegie Endowment.
Women’s participation in Islamist movements reflects a growing trend toward women’s activism in the Arab world, though quite different from Western norms.