Purpose - The study investigates how the 2017 Gulf crisis reshaped Qatari-Turkish relations, transforming them from cordial cooperation into a robust strategic alliance. It examines the political, military, and economic implications of Turkey'ssupport for Qatar during the blockade, and how this...

Family-owned firms account for majority of small and medium-sized enterprises (SMEs) in Arab countries, but evidence on the impact of this ownership type on access to credit in the region is scarce. Yet the issue is key for understanding barriers to the emergence of dynamic private sector and...

On 5 September 2015, the German government suspended the EU’s Dublin III regulations, allowing all asylum seekers to apply for asylum in Germany. This policy change motivated more than one million people, especially Syrians, Afghans, and Iraqis, to enter the country. This study examines the...

On 5 September 2015, the German government suspended the EU's Dublin III regulations, allowing all asylum seekers to apply for asylum in Germany. This policy change motivated more than one million people, especially Syrians, Afghans, and Iraqis, to enter the country. This study examines the...

Energy subsidies—on fuel, gas, and electricity—remain prevalent across the Arab world, with substantial fiscal, economic, and environmental cost. Arab countries where energy subsidies are more prevalent tend to see, on average, lower productivity growth. At the same time, experiences from...

The research aims to use the Dynamic Equality Condition Correlation (DECO-GARCH) model to test the general movements and conditional relationships regarding the return on investment in a financial market. This is distinguished from other models, particularly from the DCC model, as it is based on...

Macroprudential policy mainly aims to enhance financial stability and reduce the possibility of costly financial crises. However, to achieve this, macroprudential policy decisions may have some unintended side effects on economic growth. The paper provides an empirical framework for...

NATO’s 2023 summit in Vilnius was dominated by Russia’s war against Ukraine. The summit in Washington, D.C., in July 2024 will be influenced by an additional major conflict in NATO’s neighbourhood: the war in Gaza and the related heightened tensions in the Middle East. These have also...