Locked Out of Development: A Conversation with Dr. Steffen Hertog
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Despite billions of dollars spent in development efforts in the Middle East over the past two decades, low- and middle-income countries have had little success in building dynamic economies. In his new book, Locked Out of Development, Professor Steffen Hertog argues that the historically outsized role of government in Arab economies, insider-outsider gaps, and an unhappy marriage between low skills and low productivity together create a “segmented market economy” that eschews effective cooperation between the state, businesses, and labor. Please join the CSIS Middle East Program for a conversation with Hertog about his new book, Arab capitalism, and the stark divisions that hinder economic growth in Arab economies.
This event was made possible through general support to CSIS.
- Lubna Yousef
- Research Associate, Middle East Program