Gulf states are borrowing heavily; the wisdom of each approach hinges on whether funds fuel productive development or recurrent spending.
Browsing: Reform
Iran’s chronic inflation is structural, requiring painful reforms—currency unification and ending monetary financing—to avoid permanent economic decay.
Lebanon’s reform government falters on Hezbollah disarmament, reconstruction, and economic recovery one year on.
Despite security reforms and bureaucratic rebuilding, public trust remains fragile. Success now hinges on delivering economic improvement, drafting an inclusive constitution, and fostering local reconciliation to address deep societal fractures and consolidate the post-Assad state.
Governments are responding with reforms in private‑sector growth, social protection, and women’s workforce inclusion. Harnessing AI and digital infrastructure can turn demographic pressure into opportunity, aligning with Gen Z’s demand for broad‑based, sustainable economic transformation.