Harvard University to Support UAE's Economic Policy
- Publish date: Wednesday، 15 December 2021
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The Ministry of Economy (MoE) in the UAE signed a cooperation agreement with the Harvard University’s Growth Lab to develop a two-year joint work programme.
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Harvard’s leading academic expertise will be deployed to build evidence-based economic analyses and new economic models to support economic policies in the UAE.
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Under the terms of the agreement, the Harvard Growth Lab will allocate the resources required to support the various functions of research development in the areas of growth, trade, investment, competition, as well as other areas related to sustainable growth.
The Harvard Growth Lab is specialised in theoretical and empirical research on the determinants of growth and its social, political, and environmental sustainability.
It focuses on 4 main pillars: economic complexity, which aims to measure the macroeconomic; the growth diagnostics, which is a methodology for identifying obstacles to the ability of countries to grow; inclusive growth which consists of measuring the ability to achieve comprehensive growth and ways to increase productivity; skills and human capital including the workforce in knowledge-producing sectors.