Monday, 8 July 2013

Guest post: lessons for Egypt and Arab world lie in Asia | beyondbrics

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By Jean-Pierre Lehmann of IMD

Many of us are unlikely to mourn the departure of Mohamed Morsi from Egypt’s presidency. Though to some his forced exit may appear a blow to democracy, to others it heralds the termination of what was becoming a fundamentalist Islamist regime. Egypt, it seems, will not become another Iran – or at least not immediately.

But it is fair to ask: what on earth is going on in the Arab world? It is going in the opposite direction to much of the planet.

Virtually everywhere, including recently in sub-Saharan Africa, countries are becoming more engaged in the global market economy, poverty is decreasing, middle classes are emerging, health is improving, and women are being empowered. One must not of course exaggerate. We have not reached destination Utopia yet. But on balance things in much of the world have been improving over the last 20-30 years and there is reason to believe the trends will continue."

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