Israel brings chemistry Nobel Prize winners in series. 2009 and 2011 was the ceremony to an Israeli, in 2004 and 2013, even two persons of the Jewish state were each honored.
The only chemists from across the Arab world, however, who received the Nobel Prize, was the Egyptian Ahmed Zewail – and is soon 17 years back. In medicine and physics even a scientist from one of two dozen Arab countries
has never been successful. Today’s lack of top scientists is considered a symptom of the . backwardness of the region that once produced the coffee, soap and our number system
But the Arab world are still regulated more: to entrepreneurs. Right entrepreneurs, those who do not owe their wealth to a rich uncle or political relations. Rather hard, creative, innovative work.
At least that Caroline friend, an expert on the region. The American economist was from 2011 to 2013 at the World Bank chief economist for Mena ( “Middle East and North Africa”) – and is now a senior fellow at the Peterson Institute for International Economics (PIIE), a prestigious think tank in Washington
<. h2 class = "prefix_1"> $ 103 billionaires in emerging markets
friend has just been extensively studied, who are the new billionaires in emerging markets. In 2001, there were evaluations friend According $ 103 billionaires in emerging markets. 2014 there were 705, equivalent to four out of ten worldwide.
Overall, the result is pleasing, writes friend in her featured on Thursday book “Rich People, Poor Countries” : “A new billionaire class has emerged, the term is innovation, creativity, resourcefulness and other capitalist skills that are traditionally associated with the advanced countries in connection.”
This is true for Latin America, for India, for East Asia. But not for the Arab world. “Mena” writes a friend, “is the only emerging market region in which the proportion of the inherited assets increased with time and the proportion of founders has declined.” The development was “disappointing, especially measured by how much money there is actually in the region”, the expert of the
said “world”. Abundant oil sheiks and oligarchs
between 2001 and 2014, the number of dollar billionaires has increased significantly in Mena – from 22 to 78. But of the 78, only 14 self-made billionaires, whose business not have to do with the financial, real estate and commodities sector and also unrelated to the political business.
now, if two Mena countries, namely Israel and the Turkey be eliminated, remain just two left, says friend. “And even those two” – Onsi Sawiris from Egypt and Issad Rebrab from Algeria – “are not exactly shining examples” of respectable entrepreneurship. Sawiris’ sons about leading the founded by his father conglomerate Orascom today, are in Egypt widely seen as corrupt.
oil sheiks and oligarchs, in other words, there is plenty in the Arab world. But not a Bill Gates. And no Larry Page, not Mark Zuckerberg. Far and wide:. Nothing
Where the urgently needed, believes Caroline friend. “Innovative, integrated into the world market companies that aspire to greatness, this is the way forward” for the region, she said the “world”.
Economic prospects
the material standard of living in the Maghreb or in the Arabian peninsula will only be sustainable increases in width when more free enterprise should be accepted and domestic founders are hampered any longer. It would be helpful also to create good conditions for foreign investors. In small countries already could the commitment of a single major international investor will pep up the economy -. That’s what the Samsung in Vietnam and for a while by Intel in Costa Rica
For Germany and other EU countries are only partly good news. Because of course the Europeans have an interest to fight the causes of flight in the refugee crisis. And this includes besides war and terror precisely also of economic prospects for large sections of the population.
To the extent, however, lack of entrepreneurship is reason for low economic dynamics of the Mena region, pushes traditional development assistance to their limits. For a their founders and investors-friendly environment is to create not a trivial matter, which could be done quickly through a few steps.
This applies to the national governments on the spot , And even more so for workers from abroad. “From the outside,” says a friend, “is as little to do.”
No comments:
Post a Comment