Modernizing the Middle East’s Economies
Most Middle Eastern countries missed the first industrial revolution based on coal and steam power, and the second industrial revolution based on oil and the internal combustion engine. While this has spared them the burden of declining industries, they need policies aimed at joining the third industrial revolution - the post-carbon economy of renewable energy and fuel-cell cars.
https://prosyn.org/sYazRCm
AMMAN – Rather than speak of the Middle East or the Arab world, I increasingly prefer to use the term WANA, meaning West Asia-North Africa. But, whatever we choose to call it, the danger is that the global economic crisis is providing an almost perfect alibi for governments and others in the region to continue with “business as usual,” when what is needed is a loud wake-up call.