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

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  • Schwalje, Wes

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.

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  • Schwalje, Wes, 2011. "Knowledge-based Economic Development as a Unifying Vision in a Post-awakening Arab World," MPRA Paper 30305, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:30305
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    Cited by:

    1. Driouchi, Ahmed & Gamar, Alae, 2014. "Hofstede’s Cultural Indicators, Knowledge Economy and Entrepreneurship in Arab Countries," MPRA Paper 58731, University Library of Munich, Germany.
    2. Nour, S., 2014. "Challenges and opportunities for transition to knowledge-based economy in Arab Gulf countries," MERIT Working Papers 2014-030, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    3. Ahmed A. ElObeidy, 2014. "Retracted: Knowledge-based economy in Arab countries: between Silicon Valley and Phosphate Gully," Regional Science Policy & Practice, Wiley Blackwell, vol. 6(3), pages 309-309, August.

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    More about this item

    Keywords

    Arab World; Middle East; skills formation; knowledge economy; competitiveness; skills development policy; economic development;
    All these keywords.

    JEL classification:

    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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