Walk around the streets of Jerusalem during the day on Saturday, the Jewish sabbath, and you get a sense of the divisions that afflict the city. Although these are most visibly religious, cultural and political they have economic implications too. Perhaps the most conspicuous inhabitants of the city are to be found among its ultra-religious […]
This Perspective column was first published in today’s edition of Fund Strategy. This year could go down as the time when the British media missed the emergence of by far the most important global news story. Leave aside the obvious trivia of a prince going nude in a Las Vegas hotel. This could be a […]
Middle East Clarity, a valuable portal for anyone trying to follow political developments across the region, has today included a link to my latest Fund Strategy article on the Arab spring.
This is my latest Perspective column for Fund Strategy. The Arab spring that erupted late last year reintroduced the concept of political risk to emerging economies. For many years western investors were almost solely interested in the business and market prospects of the countries in which they invested. They paid little attention to the potential […]
Some interesting facts but misleading comparisons in yesterday’s Financial Times comment on youth unemployment: “High youth unemployment is not just a North African problem. The looting that ravaged English cities last week happened in a country where one in five young people is jobless. The picture in the US is no better. In continental Europe […]
I do not intend to turn this into a Middle East blog (see 6 June post) but this survey by Williams & Associates of Massachusetts includes fascinating opinion poll data on Egypt: 89% of Egyptians say the country is going in the right direction. 49% see the current economic situation as very bad and 32% […]
My recent article on the causes of the Arab Spring has appeared on the RealClearWorld website (the sister portal of RealClearMarkets).
A link to my Arab Spring article has appeared on the Middle East Clarity website. The new site is a valuable portal for anyone trying to follow political developments across the region.
There follows the opening paragraphs to my Fund Strategy cover story on the Arab Spring. The full article is available here Rising numbers of educated youth, surging food prices and a crisis in the legitimacy of regimes stoked unrest in Arab countries. But the region faces uncertainty and the process of change is likely to […]
Rather than apologising again for my lack of posting I thought it would make more sense to write a note on what I have been doing. After focusing for several years on the theme of growth scepticism – albeit one that incorporates many subjects under its umbrella – I am working on lots of shorter […]
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