Monday 27 May 2013

Lack of financial stimulus curbs Arab world’s growth, warns WEF - FT.com

"Arab states have made little progress in tackling unemployment, consumer subsidies and other chronic problems that are undermining competitiveness and stifling growth even in the region’s more successful countries, according to World Economic Forum research and delegates.
As falling oil production dampens the expansion of Gulf petrostates there are few signs of the kind of pan-Arab world financial stimulus many economists say is needed to help end the economic troubles underlying the political upheaval there."

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