Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)


Four scenarios for the future of development in the arab countries

Author(s): Abdul Zahrah F. Younis, Sohayla Abdel Zahra

Integrated development lies, in the issue of the abandonment of scientists and development researchers since the beginning of the ninth decade of the twentieth century, due to the expansion of spaces of globalization and the deepening of the phenomenon of horizontal integration with the capitalist world. This led to the deepening of the dependency of the developing countries to the major industrial countries, as a result of unequal exchange on the one hand, and high-impact and costly technological progress on the other hand, Therefore, our research comes as an attempt to shed light on this "paradox", especially for Arab countries that are united by similar conditions, homogeneous development, the abundance of diverse and renewable natural and human resources, based on the hypothesis that: "Arab countries cannot separately achieve real development. Even if the decision-makers are misleading in them. An emergency wealth, or an artificial prosperity, as their economies will remain a "foam" without roots, in analyzing this topic, we followed the method of "logical dialogue" through five scenarios, all of which revealed to us the validity of the hypothesis of correlation between integration and development. The most prominent results that we concluded were that investment rotation between Arab countries is more profitable and less risky than its counterpart with the major industrial countries. Therefore, it is focused on collectively improving the Arab investment environment. As well as choosing investment opportunities that enhances the real economy in the Arab world.

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