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Iran with and without strategic responses. Iran benefits the most, with average per capita welfare gains ranging from close … to 3 percent, in the case when Iran's crude oil exports to the European Union recover to half their pre-embargo level, to … that enable a strong supply response, and increased market access for Iranian exports in developed markets. Iran could …
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Progress in child mortality reduction and education attainment varies widely among oil-rich countries. This paper investigates the causes of this variation using an empirical model that departs from the available literature in allowing for explicit measurement of the impact of initial levels of...
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With the benefit of hindsight, this paper provides a fresh and comprehensive look at the causes of the 2014-16 collapse in oil prices and its impact on the global economy. It disentangles the contribution of supply and demand factors, assesses the impact on activity in oil exporters and oil...
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