Category Archives: Israel

Charts Of The Day: Economic Potential In MENA

The most recent Milken Global Conference in Los Angeles featured a panel entitled, “Two, Three, Many Middle Easts: A Region’s Economic Prospects”, whose commentary is really only for the hard core MENA geeks, but I thought these charts were worth drawing attention to:

This one was the leader, showing average real GDP per capita from 1980 to 2000:

MENA Economic Development Variation 1

Here we have slides showing variation in GDP per capita across the Middle East and North Africa since 2001. Notice the y-axis scale difference between the Gulf states in the rightmost chart versus North Africa and “core” Middle East:

MENA Economic Development Variation 2

An approximate comparison of just how miniscule FDI flows to the region relative to the world:

MENA Economic Development Variation 3

Of the FDI that does go to the region, we shouldn’t be surprised to find more of it going to the oil producers than to the non-oil producers:

MENA Economic Development Variation 4

And yet expected GDP growth for the coming few years is expected to be mostly uniform:

MENA Economic Development Variation 5

Finally, intra-regional FDI against total FDI to the region:

MENA Economic Development Variation 6

The link to the full hour panel discussion is here and embedded below. If MENA development is your gig, I guarantee there’s something in there for everyone, from diplomats to venture capitalists and anyone in between. For my time, by far the best bang for the buck commentary comes from Chris Schroeder, who starts speaking at approximately minute 36. This man talks way too fast for me to transcribe or bother quoting any of it, but suffice it to say he depicts in words far more illustrious than any of these charts the economic potential the Arab World possesses.

The next generation of Sovereign Wealth Funds: Panama, Italy and Israel

eFinancialNews has always had erratic paywall access and I’m not even sure how I’m able to see this right now, but I definitely want it on file, so I’m reposting the entire article here for future reference:

The next generation of SWFs: Panama, Italy and Israel
Sarah Krouse
07 Jun 2012

Sovereign wealth funds have become an increasing force in the world of global investing – with the value of funds topping $5 trillion at the end of April.

• Panama

A plan for the Savings Fund of Panama, a sovereign wealth fund that captures excess revenue from the 82km Panama Canal, has been approved by the state’s Cabinet Council and now sits with Congress. Continue reading