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Article: "Economics 101: When it comes to wages, fairness is not the crucial measure"

12/31/2016

Published in The National

One salient difference between economists and non-economists is that the latter are often observed describing prices, including wages, as being "fair" or "unfair", whereas economists will scarcely use such terms.

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Article: "Childcare and Female Labor Participation: Lessons for the GCC" (الاعتناء بالأطفال ومساهمة الإناث في القوة العاملة )

12/30/2016

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نُشر في صحيفة الحياة
English version below

تعمل دول خليجية، وفي مقدمها السعودية، لزيادة مساهمة المرأة في القوة العاملة، وتتميز الاقتصادات المتقدمة كلها بنسب عالية لهذه المساهمة، فالاقتصاد الفاعل يستفيد من كل الموارد المتوافرة، ومنها عمل الإناث، وليس فقط الذكور، الذين كانوا ولا يزالون يحظون بنصيب الأسد في سوق العمل. ولدى رسم سياسات تعزز دور المرأة في الاقتصاد، ينبغي درس ظاهرة مهمة برزت خلال آخر 20 سنة في الولايات المتحدة، واتخاذ إجراءات مسبقة تفادياً للمشكلة ذاتها.ـ

المزيد

Raising female labor force participation from 22% to 30% represents one of the Saudi Arabian government’s goals in its Vision 2030. All advanced economies feature strong female participation in the labor force, as robust economies make use of all available resources, male and female.

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Article: "Economics 101: A minimum wage undermines low-paid workers’ interests"

12/24/2016

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Published in The National

After the 2008 global financial crisis, government austerity in countries the world over, including the GCC, have made ordinary people very cognisant of wage determination and there are regular calls for a higher minimum wage as a way of helping low-income groups.

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Article: "Economics 101: Migrant contributions to economy may have more positives"

12/17/2016

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Published in The National

The two biggest electoral shocks this year were unquestionably the UK’s decision to leave the European Union, and Donald Trump’s victory in the US elections. A key issue among voters was the perception that migrant workers depress the wages of low-skilled nationals, because of their willingness to work for a lower wage.

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Article: "Markets skeptical of a lasting oil production cut"

12/16/2016

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Published in The Hill

Russia has nominally committed to cutting its oil production by 300,000 barrels over the first few months of 2016. How did oil and financial markets react? How will they react in the near future?

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Article: "Economics 101: When it comes to wages, fairness is not the crucial measure"

Article: "Childcare and Female Labor Participation: Lessons for the GCC" (الاعتناء بالأطفال ومساهمة الإناث في القوة العاملة )

Article: "Economics 101: A minimum wage undermines low-paid workers’ interests"

Article: "Economics 101: Migrant contributions to economy may have more positives"

Article: "Markets skeptical of a lasting oil production cut"

Omar Al-Ubaydli

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