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February 25, 2008

Economic Development, Foreign Investment and the War on Terror

Oddly via one of my investment robots, I ran across this Op Ed from Zenpundit favourite Thomas P.M. Barnett - a Strat Studies type - on the necessity to focus on promoting growth in MENA, and imp. of FDI. More important than making things go boom.

I shall leave this open to comment. I have some own reactions, which may really resolve to quibbles, to details in the Op Ed, but it is interesting to see this argument.

Posted by The Lounsbury at February 25, 2008 12:15 AM
Filed Under: Economic Development , MENA Region General , US Foreign Policy

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Comments

I was aware a while ago that Tom was headed to Jordan following on a trip with lot of regional stops with Adm. Fallon; hadn't realized it was on financial seminars this time.

Posted by: zenpundit at February 26, 2008 12:17 AM

Again, of tangential interest: Some French shenanigans going on, Sarko trying to reclaim the empire lost. Does anyone know more about this?

Posted by: Klaus [TypeKey Profile Page] at February 27, 2008 10:13 PM

Also only indirectly related, but you might be interested in this article on the Abu Dhabi Investment Authority:
http://www.nytimes.com/2008/02/28/business/worldbusiness/28fund.html?pagewanted=all

Trust the French director to have a name like Villain.

Posted by: SP at February 28, 2008 02:50 AM

Anyone know anything here about the London market moving to offer religiously certified "Islamic" bonds and financial instruments ? Western Bankers reaching out to the "pious Middle Class" in the immigrant community? HMG trying to tap sovereign funds ? What ?

Posted by: zenpundit at February 29, 2008 12:45 AM

London and Islamic finance is nothing new. Depends on what exact products you're talking about, certainly there is a domestic product (UK) market among the IndoPak origin community. Bonds however, the Sukuk, are usually destined to Gulf investors - not so much the Sovereign Funds but investment pools.

Posted by: The Lounsbury at February 29, 2008 05:56 AM

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