Webinar

Middle East 2023 outlook: The shine comes off GCC recovery

The 2023 outlook for the GCC region will not compare to last year’s spectacular expansion. OPEC+ policy has weakened prospects for the oil sector, while rise in domestic financing costs will contribute to the slowdown in non-oil recovery. That said, growth will remain firmly positive, underpinned by diversification efforts, in contrast to many advanced and emerging markets.

Scott Livermore

Chief Economist, Oxford Economics Middle East, and Managing Director

+971-504-039-455

Scott Livermore

Chief Economist, Oxford Economics Middle East, and Managing Director

London

Scott Livermore is the Chief Economist of Oxford Economics Middle East and based in Oxford’s Dubai office. He is also Managing Director of Consultancy in the Middle East and Asia, as well as a member of Oxford Economics’ Senior Management Team. Scott leads many of the major projects in the GCC and Asia which have recently included capacity building, macroeconomic modelling, and policy impact assessment engagements for government institutions in the UAE, Saudi Arabia, Kuwait, and Oman, and IFRS 9 and Stress Testing engagements in Singapore, Thailand, and Hong Kong.

After completing a degree in Philosophy, Politics and Economics at St. Edmund Hall, Oxford University, and an MSc in Economics at University College London, Scott joined Oxford Economic Forecasting in 1997. During his initial five years at OEF, he worked as a country analyst for a number of European countries and participated in numerous consultancy projects for a variety of international organisations, governments and multinational companies using both Oxford Economics’ Global Economic Model and bespoke economic models.

Scott rejoined Oxford Economics in 2005 as a senior economist after spending two years at the Ministry of Finance in the Slovak Republic assisting with the government’s medium-term macroeconomic framework and developing the analytical capacity of the ministry to prepare such forecasts. He has also held the positions of Managing Director of Macro and Industry Services, Managing Director of Macro Consulting, and COO of Oxford Economics USA.

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