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Sovereign Wealth Funds Briefing - Categorized | Market, Trends

Arab states must copy Asian tigers

Posted on 22 February 2011

From Cityam.com: The creation of sovereign wealth funds has ensured oil money is no longer being entirely squandered, as has some infrastructure spending, but this hasn’t been enough.
It is not, of course, just about economics. But unless new regimes in Egypt, Libya, Tunisia and elsewhere introduce real market and tax reforms, proper property rights and sound money, and embrace free trade, there is no hope for the region……………………………………….Full Article: Source


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