Knowledge-based Economic Development as a Unifying Vision in a Post-awakening Arab World

Wes Schwalje

MPRA Paper from University Library of Munich, Germany

Abstract: This article traces the evolution of knowledge-based economic development in the Arab World. In pursuing this objective, many countries in the region have made large state-driven human capital investments with the goals of job creation, economic integration, economic diversification, environmental sustainability, and social development. An assessment of the effectiveness of Arab investments in human capital shows marginal progress towards knowledge-based development over the last decade. A disconnect between the skills developed in Arab skills formation systems and those required by private sector employers relegates Arab businesses to contesting lower-skilled, non-knowledge intensive industries which has stalled knowledge-based development in the region.

Keywords: Arab World; Middle East; skills formation; knowledge economy; competitiveness; skills development policy; economic development (search for similar items in EconPapers)
JEL-codes: J24 J40 J41 (search for similar items in EconPapers)
Date: 2011-04-14
New Economics Papers: this item is included in nep-ara, nep-cwa and nep-knm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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