KAREN E. YOUNG is Senior Research Scholar at Columbia University, USA, in the Center for Global Energy Policy. She was a senior fellow and founding director of the Program on Economics and Energy at the Middle East Institute, USA. She was a senior fellow at the American Enterprise Institute, USA. She has published The Political Economy of Energy, Finance and Security in the United Arab Emirates (2014) and her analysis has appeared in Bloomberg Opinion, Foreign Affairs, Foreign Policy, The Financial Times, The New York Times, The Wall Street Journal, and The Washington Post.