The wealth management industry in the Middle East and North Africa (MENA) represents a roughly $800 billion opportunity. Yet, tapping this opportunity will require new strategies by the wirehouses looking to penetrate into this market. In this paper, we argue that Middle-Eastern policymakers and...

Efforts to promote regional integration in North Africa to date have often been constrained by political differences as well as diversity in economic performance, pace of economic reforms and openness, and disparities in legal and regulatory frameworks. Overlapping preferential trade agreements...

Agriculture is literally a matter of life and death in the developing world. Ninety-six per cent of the world’s farmers – approximately 1.3 billion people – live in developing countries. In the rural areas of the developing world, close to 900 million people live on less than $1 a day.The...

While other regions — Central and Eastern Europe and Latin America in particular — have been active in pension reform, the Middle East and North Africa have lagged behind. In part this is because of the belief that favourable mean financial problems are still far in the future and pension...

The April 21, 2005 issue of the LONDON REVIEW OF BOOKS carried a lead article titled ‘Blood for Oil?’ The paper is attributed to a group of writers and activists – Iain Boal, T.J. Clark, Joseph Matthews and Michael Watts – who identify themselves by the collective name ‘Retort.’ In...

This paper revisits the defence-growth nexus for the rivals of the Israeli-Arab conflict over the last four decades. To this end, we utilize the Toda and Yamamoto (1995) causality test and the generalized variance decomposition. Contrary to the conventional wisdom and many earlier studies, we...

Over the past century, the institution of capital and the process of its accumulation have been fundamentally transformed. By contrast, the theories that explain this institution and process have remained largely unchanged. The purpose of this paper is to address this mismatch. Using a broad...

This article traces the evolution of knowledge-based economic development in the Arab World. In pursuing this objective, many countries in the region have made large state-driven human capital investments with the goals of job creation, economic integration, economic diversification,...

This paper is a modified version of an academic study conducted as part of a post graduate dissertation in Management during 2010. The researchers attempted to explore the potential of the tourism sector in Bahrain and to evaluate the feasibility of developing a new tourism product in the...

This paper proposes that the Rentier State and Resource Curse theories be considered as two elements of the same paradigm which, despite a growing body of contrary empirical evidence, retains a hegemonic influence in political economy discourse. It will be suggested that a number of reasons...