Syndicate content

May 2011

Touching upon the truth during the spring meetings

Guest Blogger's picture
Also available in: Français | العربية

When I first received an invitation for the International Monetary Fund and World Bank Spring Meetings, my friends said I shouldn’t open the e-mail because it was probably a spam. My family said I should check the source of the invitation and investigate the reason behind it before accepting. My tutors said this was weird. It seemed like everyone was skeptical about the fact that these international financial institutions could be genuinely inviting young people to this important event. With a lot of curiosity, I traveled to Washington D.C. hoping to reconcile the puzzling ideas in my head about this meeting and these institutions.

Transitions can be good for growth

Caroline Freund's picture
Also available in: العربية | Français
Many of the Middle East and North African countries are embarking on transitions with the goal of developing more open and accountable governments.  Like the East Europeans and others before them, they will face challenges in the short run, as business is disrupted and investors wait for uncertainty to be resolved.  Evidence from 47 recent transitions shows that growth declines by about 3-4 percentage points, on average, during such transitions.  The good news is the decline tends to be short lived, with the dip lasting only one year and growth then resuming or exceeding pre-transition levels.

Let’s keep an eye out for social entrepreneurs and innovators

May Wazzan's picture
Also available in: العربية | Français

While most of us working on development issues in the Middle East and North Africa (MENA) region, will probably know at least a couple of examples of renowned social enterprises or ventures in the region, I am not sure we have all truly come to know the real magnitude and potential impact of this sector in general.  Looking through the pretty widespread literature and case studies on social entrepreneurship, MENA is sadly under-represented. Why, one wonders.

Social media in MENA: connecting groups, strengthening the “I”

Guest Blogger's picture
Also available in: العربية | Français

Khaled Said was not the first Egyptian whom police allegedly beat to death. But his death sparked a virtual revolution that in retrospect was a perfect rehearsal for the real revolution that overthrew Hosni Mubarak’s 30-year rule in 18 days. Said, a 28-year-old Egyptian businessman, was brutally beaten, his family and activists say, by two plainclothes police officers in June 2010. An Interior Ministry autopsy claimed that he suffocated after swallowing a bag of drugs. But a photograph of a shattered body, his family confirmed was his, started circulating online. His family said he was targeted after posting a video online allegedly showing police sharing profits of a drug bust.