Tony’s Blog

Almost no country in the MENA Region experiences the 7-8% GDP growth familiar in the South East Asia economies that is needed to disseminate the benefits of growth to the middle and lower classes. This is largely due to the fact that most Arab nations are rent ridden countries with very little incentive to provide institutions and governance that favour entrepreneurship. In such conditions, only focused countries will be able to create a dynamic, diversified economy within a timeframe that generates gainful employment among the young quickly enough to bring social unrest to an end