Tuesday, May 01, 2007
middle of nowhere?
A very provocative piece by Edward Luttwalk in this month's issue of PROSPECT magazine:
"The middle east was once the world's most advanced region, but these days its biggest industries are extravagant consumption and the venting of resentment. According to the UN's 2004 Arab human development report, the region boasts the second lowest adult literacy rate in the world (after sub-Saharan Africa) at just 63 per cent. Its dependence on oil means that manufactured goods account for just 17 per cent of exports, compared to a global average of 78 per cent. Moreover, despite its oil wealth, the entire middle east generated under 4 per cent of global GDP in 2006—less than Germany. Unless compelled by immediate danger, we should therefore focus on the old and new lands of creation in Europe and America, in India and east Asia—places where hard-working populations are looking ahead instead of dreaming of the past." (more HERE)
Posted by macwilmore at 7:37 AM