Source: International Monetary Fund – IMF (video statements)
The war in the Middle East is likely to have significant impact not only within the region but also across the global economy. These developments underscore the necessity for both regional and global policymakers to adapt proactively to evolving geopolitical risks and ensure resilience to future shocks. MENA policymakers will need to reevaluate and potentially overhaul their diversification strategies, particularly regarding their dependence on energy markets and established trade routes to improve their resilience to repeated bouts of conflict. This seminar is designed to initiate a substantive discussion on how the current war in the Middle East is changing MENA policymakers’ policy priorities and economic visions, and what this means for the global economy.