Is the MENA the EU 'turned upside down'?
MENA is losing momentum despite the strong growth in oil-producing countries. MENA is now divided into two halves: the north versus the south. This is not unlike in Europe, just with a bit of role reversal. In Europe, the north looks healthy and must figure out how to dig the south out of its economic woes. In MENA, it’s the south trying to keep the north out of political trouble as they fear the risk of a spillover from the rising tide of popular demand for democracy and more political accountability for the predicaments of their economy and society. That's probably not the diplomatic version, but it is the reality of the situation.
- Jordan's King Abdullah has a 10-year plan for the country's economy
- Dubai's economy could have an optimistic future with a 5.6 percent growth this year
- Ups and downs: Jordan's public debt is up and ratio to GDP is down
- Potential for investment in Africa? Dubai is looking into it!
- Literally depressing: economic hardship pushing lebanese towards depression