Monday 6 January 2014

Robin Mills: Mena reform attempts squandered globalisation’s energy | The National

Robin Mills: Mena reform attempts squandered globalisation’s energy | The National:

"In the spring of 1992, Deng Xiaoping made his famous Southern Tour, which revitalised economic reform in China. With the concurrent opening of markets in the former Soviet sphere of influence, this modern wave of globalisation offered rich rewards to those ready to ride it.

Our region was not.

The long coastline of the Middle East and North Africa (Mena) faces fast-growing Asia to the east and wealthy Europe to the north. It commands vital sea routes – the Hormuz, Gibraltar, Suez and the Bosphorus – and the easiest lines from Central Asia and the Caspian to the ocean. Its young, fast-growing population should be a demographic asset."

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