Oxford Energy Podcast – Economic Diversification in the Middle East and North Africa (MENA) Region
The current issue of the Oxford Energy Forum focuses on economic diversification in the Middle East and North Africa (MENA) region. Economic logic favours specialization over diversification — with MENA oil-exporters’ comparative advantage in hydrocarbons, why should they diversify their economies? And how: in the context of the value chain of the oil sector, or through a different strategy? Uncertain prospects for oil demand particularly due to climate change mitigation give the debate a renewed urgency. In this Podcast, OIES Research Fellows Manal Shehabi and Anupama Sen are in conversation with David Ledesma on such key debates covered in this Forum, including the state of diversification, response to the energy transition, and implications for local labour markets.