ThysdrusRoman Coliseum of El-Jem

Panem et Circensis

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Location: Tunis, Tunisia, Tunisia

Sunday, July 17, 2005

The Need For Economic Reform In The Middle East

A neat article in The Daily Star on the reasons behind the slow pace of economic reforms in arab and muslim countries. The newspaper states that
If there is a single person who can speak with credible authority on the many different perspective on economic growth and business development in the Middle East region - government policies, private sector policies, and activist intervention by international organizations - it is probably Mustafa Nabli.
Dr.Nabli who is by the way tunisian, indicates that
"The problem in the Arab world is that there is a private sector but it reflects the old model in which the private firms were dependent on the state and therefore has been resistant to change. I also find in almost all countries of the region that there is a very uneasy relationship between the private sector and their governments. The expectations of one from the other do not seem to be consistent, which may be a root cause of the lack of dynamism of the private sector in the region."


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