The World Bank estimate that over the next 20 years, the Middle East and North Africa will need to create100 million jobs.. A pity then that dictatorial regimes across the Middle East have been particularly useless at job creation. Their concern focused on other things like self-enrichment and strengthening their power base rather than finding things for their citizens to do. For many, the plentiful supply of oil has made the need to generate an industrial and commercial base seem unnecessary. However, the size of the educated middle class in these countries has grown significantly in the last decade. Now huge numbers are unemployed, and they’re very unhappy. Their response has been…the Arab Spring.
No great Sheiks
March 18, 2011 Leave a Comment