Reuters/Khalil Ashawi - A youth works at a makeshift oil refinery site in Marchmarin town, southern countryside of Idlib, Syria December 16, 2015.

Blog Post

How the Middle East and North Africa can benefit from low oil prices

April 6, 2016, Shanta Devarajan

In the wake of low oil prices, many MENA countries are reducing their oil subsidies. Shanta Devarajan explains how this is causing substantial policy changes that will help the region overcome many of the problems it has been plagued with for a while.

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