Jarmo T. Kotilaine

Jarmo Kotilaine is an economist and strategist focusing on the Gulf region. He writes on issues ranging from economic development to changes within the corporate sector

Latest published

The growing trend of mergers and acquisitions in the Gulf is a positive sign

In recent years there have been a number of high-profile mergers and acquisitions in the Gulf region. Well-known examples include the formation of Alawwal Bank in 2019, and the Saudi National Bank this year.

October 12, 2021

Embracing creative destruction

The legendary Austrian-American economist Joseph Schumpeter in 1942 coined the phrase “creative destruction” to describe the forces of change by which the free market economy renews itself as new ideas continuously sweep away old ventures.

September 25, 2021

Unleashing the power of productivity

The reality of slower gross domestic product growth in the Gulf over the past decade reflects the weaker momentum of traditional growth drivers. The oil-government nexus has been affected by the new realities of energy markets and government fiscal consolidation.

September 02, 2021

How the pandemic is paving way for a more sustainable future

The global pandemic, now well into its second year, may not be over, but it has undoubtedly already become a historic inflection point on multiple levels.

August 17, 2021