An Economic Perspective on Country Risk in the Middle East
Recorded On: 07/12/2021
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While the transition to other energy sources picks up steam, traditional fossil fuel exporting countries’ dependence in the Middle East on hydrocarbon revenues remains as strong as ever.
However, global oil demand may soon peak, and investment in new oil and gas fields will be increasingly scrutinized and stranded assets will be inevitable.
Given generally limited progress in economic diversification, the non-oil sector is not ready to take over as a new, self-sustainable growth engine.
Join Atradius Credit Insurance’s Niels de Hoog as he discusses the impact of the energy transition on country risk in the Middle East and especially on the Gulf states.
About the Speaker
Niels de Hoog, Country Risk Economist, Atradius Credit Insurance, Amsterdam