Prosperity Unearthed: Wealth-Sharing Mechanisms for Peace and Equitable Growth in the Middle East and North Africa

The Middle East and North Africa (MENA) region, rich in hydrocarbons, has experienced both prosperity and challenges due to its vast oil and gas reserves. The region holds more than half of the world’s oil reserves and 40 percent of its gas reserves. While these resources have propelled some countries to high-income status and supported regional economic growth through jobs, remittances, and investments, they have also been associated with economic instability and overreliance on a narrow r...