03/09/2016 - 7:30 am
Senior Fellow, Foreign Policy Research Institute
Professor of Economics, Lehigh University
A decade or more of sub-$60 oil prices will create both economic winners and losers in the Middle East and North Africa. However, accompanying political shocks have the potential of further destabilizing the entire region, including countries that are expected to gain from lower oil prices. Should the USA continue to engage in this increasingly troubled region and, if so, how? Or should the USA walk away? A retired Marine Corps Reserve colonel, Professor Gunter is the author of The Political Economy of Iraq: Restoring Balance in a Post-Conflict Society (2013), re-published in 2015 in Arabic. He was the Senior Civilian Economics Advisor for Multi-National Corps in Iraq.