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Money, Oil, and Proxy Wars: Saudi Arabia’s Changing Status Quo

Wednesday, February 3, 2016 - 4:00pm

A roundtable discussion featuring
Wojtek Wolfe, Foreign Policy Research Institute

Four of the top five oil producers in the Middle East are actively engaged in violent conflicts. These states -- Saudi Arabia, Iran, Iraq, and United Arab Emirates -- are fighting proxy wars on complex, shifting battlefields that have far reaching consequences beyond the region. As the largest economy in the region, Saudi Arabia is arguably the pivotal state in maintaining some semblance of stability.

If these geopolitical trends escalate, then Saudi Arabia will face increasing threats to its political and economic stability. The obvious result is a negative impact on the global energy market; however, less discussed are the complexities of Saudi economic policy and its impact on the global economy beyond energy. In this off-the-record discussion, Dr. Wojtek Wolfe argues that policymakers need to prepare for multiple contingencies and a changing status quo in both energy production and fiscal outflows.

By invitation only.


About the Speaker

Dr. Wojtek Wolfe is a senior fellow at the Foreign Policy Research Institute and an assistant professor of political science at Rutgers University - Camden. He is the author of Winning the War of Words: Selling the War on Terror from Afghanistan to Iraq, along with multiple articles and book chapters. Dr. Wolfe is a noted expert in energy and energy security. He holds a Ph.D. from the University of Colorado.  


About World Policy Institute

A center for global thought leadership, the World Policy Institute is uniquely focused on the crucial but neglected challenges and opportunities of an increasingly interconnected world. We stress innovative, transformative thinking; diversity of ideas; and a global perspective. World Policy Journal, fellows, events, and policy projects provide channels for supporters, thought leaders, decision makers, experts, and citizens to identify, debate, and develop constructive solutions.

This event is the the inaugural in our new World Policy Security Series, led by WPI fellow Dr. Jonathan Cristol. These near-monthly roundtables will focus on a wide range of themes in international security and be responsive to events in the news. The private, off-the-record discussions will bring in security experts and analysts from academia, the private sector, and government (U.S. and non-U.S.) for clear, nuanced briefings that take you beyond the jargon and behind the headlines. Seating is limited to ensure access and participation. The initial topics to explore include: the Saudi economy; an increasingly aggressive Russia; the transatlantic relationship; cybersecurity; securing "sites of ambiguous danger"; the future of Turkey; and more.




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