The collapse of the oil prices has shocked both producers and consumers worldwide. As the most important producing region of the world, the Middle East has been particularly affected; state revenues are down, and cutthroat competition for market share and low global demand translates into greater challenges and uncertainty. The regional economic outlook is unclear, and questions remain about the potential long-term impact of sustained low oil prices. Three experts will analyze the geopolitical and financial aspects of the sharp decline in oil prices on both importing and exporting countries in the Middle East.
Speakers:
* David Gordon, Senior Advisor, Eurasia Group
* Aasim M. Husain, Deputy Director, Middle East and Central Asia Department, International Monetary Fund
* Franziska Lieselotte Ohnsorge, Lead Economist, World Bank, Development Economics and Chief Economist
Moderator:
* Henri J. Barkey, Director, Middle East Program, Woodrow Wilson Center
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