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Building Collaboration Arab Entrepreneur Partnership Forum

Building Collaboration Arab Entrepreneur Partnership Forum. April 2-3, 2011. Normally I would have spoken about:. Horizontal and vertical integration Networking Innovation and best practice Arab complementarities Competitiveness and regional clusters

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Building Collaboration Arab Entrepreneur Partnership Forum

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  1. Building Collaboration Arab Entrepreneur Partnership Forum April 2-3, 2011

  2. Normally I would have spoken about: • Horizontal and vertical integration • Networking • Innovation and best practice • Arab complementarities • Competitiveness and regional clusters • Corporate social responsibility (CSR) • …………………But I am sure you know about all that! • So, instead let’s talk about

  3. AmartyaSen & Sustainable Development According to Sen, there are populations today that live in a state of 'unfreedom', unable to realize their capabilities. Poverty is “a deprivation of basic capabilities, rather than merely low income" Five freedoms: Political freedoms Economic facilities Social opportunities Transparency guarantees Protective security

  4. Population, Corruption and Freedom Indicators The Economist Ranking of democracy ( out of 167 countries ) Ranking of corruption ( out of 178 countries ) Ranking of press freedoms ( out of 196 countries )

  5. Income is positively related to Democracy • Democracy and GDP per capita in MENA

  6. GDP per Capita (PPP, 1000s) Source: IMF

  7. Economies are dependent on hydrocarbon revenues Oil/gas Revenues Source: IMF

  8. Military Expenditures as % of GDP

  9. Foreign Direct Investment as % of GDP, 2009

  10. % of Population Under the Age of 30

  11. Quality of Education Index

  12. Unemployment Rates (%)

  13. Youth Employment Rates (%)

  14. Youth Unemployment (%) vs. Political Stability

  15. % of Population Below the Poverty Line

  16. A Thesis… Development Equitable Growth Accountability Transparency Freedom of Speech Democracy

  17. Collaboration? But… Arab countries resorted to intergovernmental approaches to integration due to reluctance of Arab leaders to transfer sovereignty to supranational bodies

  18. Areas of Possible Cooperation: • Evidence shows there is little gain from cooperating in manufacturing (goods): lack of competitiveness, low value added, little intra industry trade • Integration in Services, Labor, FDI flows (Capital) have high potential gains from integration. • Newly democratizing economies will most likely see greater economic integration with each other; the trend may spread throughout region.

  19. Thank You

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