Transforming Arab Economies : The Knowledge and Innovation Road
Knowledge has always been central to development. A thousand years ago the Arab civilization led the world in knowledge, prosperity, and development. More generally, the Arab world is currently undergoing a transition on three fronts: 1) a political transition, which seeks to replace authoritarian powers with more democratic ones; 2) a social transition in which equitable programs to protect the poor will substitute for inefficient policies promoting public sector-based employment and the subsidization of basic goods; and 3) an economic transition in favor of more competitive and productive economic regimes. The report focuses on the economic side of this transition. On which areas must leaders of the Arab countries concentrate in order to stimulate growth, create jobs, restore trust, and provide a measure of hope and prosperity for their people? This is a humble effort to try and answer some of these questions in an integrative framework that puts knowledge and innovation-related policies at center stage.
Summary: | Knowledge has always been central to
development. A thousand years ago the Arab civilization led
the world in knowledge, prosperity, and development. More
generally, the Arab world is currently undergoing a
transition on three fronts: 1) a political transition, which
seeks to replace authoritarian powers with more democratic
ones; 2) a social transition in which equitable programs to
protect the poor will substitute for inefficient policies
promoting public sector-based employment and the
subsidization of basic goods; and 3) an economic transition
in favor of more competitive and productive economic
regimes. The report focuses on the economic side of this
transition. On which areas must leaders of the Arab
countries concentrate in order to stimulate growth, create
jobs, restore trust, and provide a measure of hope and
prosperity for their people? This is a humble effort to try
and answer some of these questions in an integrative
framework that puts knowledge and innovation-related
policies at center stage. |
---|