Columbia International Affairs Online: Policy Briefs

CIAO DATE: 04/2013

The Arab Awakening, act II: Time to move more boldly on investment

Anthony O’Sullivan, Alexander Böhmer

March 2013

Columbia Center on Sustainable Investment


The late 2010 Arab Awakening in the MENA region was accompanied by a significant and persisting drop in FDI. MENA governments must take action to boost investment by reaffirming their commitment to international investment principles, accelerating regional integration and implementing targeted investment promotion measures. In the longer term, they will need to work in concert with business to implement broader reforms that strengthen governance, tackle corruption and promote skills development so that FDI has a lasting impact on growth and job creation.