Tag: Arab Spring

Arab spring cleaning

Feb 24, 2012

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by

mwkruse

in Africa, Asia, Capitalism and Markets, Economic Development, Public Policy

The Economist: Arab spring cleaning Why trade reform matters in the Middle East … The Middle East has strikingly few private companies, less than one-third of the number per person in eastern Europe. Everywhere the state dominates the economy. In Egypt the public sector accounts for 40% of value-added outside agriculture—an unusually large share for…