With a moderate tax system and a light regulatory ecosystem, the Gulf region has become the “capital of capital” by diversifying its economy beyond oil production. In a new episode of The Spillover podcast co-hosted with Sebastian Mallaby, BWC Vice Chair Rebecca Patterson examines how the Gulf region has become a new center of economic gravity within the global economy and what the repercussions would be if the war were to continue. According to their analysis, the conflict could have a structural impact on the region and affect numerous sectors, especially those related to AI and technology.

To listen to the full episode, click here.

All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.