Thursday 10, October 2013 by Alissa Amico

Shareholder Spring in the Middle East?

The Arab Spring has now gone through a few seasons and has no end in sight as the conflict in Syria rages on and the situation in Tunisia, Yemen and Lebanon remains fragile. While much has been said about the thirst of the Arab people for change, not much - and certainly not enough - has been said about the economic roots of the events we are witnessing. And yet, underlying the debate we are seeing unfold is the profound questioning of the role of the state and business elites in the generation and distribution of wealth. State-owned enterprises, private local or foreign companies, have often been subject to criticism that their strategy ignores the socio-economic context in which they operate.

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