Mohammed bin Rashid: Arab world braces for rapid changes

DUBAI: The Arab world will experience economic, political and social changes that require governments to adopt flexible and wise policies to cope with them, Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum had said.

In a statement made ahead of the opening of the Arab Strategy Forum, Sheikh Mohammed said that politicians, economists and intellectuals were also required to look for answers to the future and the changes it will bring.

“part of investing in the future is to invest in foreseeing it and to prepare the tools and plans for it,” he said.

In order to succeed in this rapidly changing world, Sheikh Mohammed went on, we need a clear, long term vision and flexible and short term evolving plans.

Sheikh Mohammed said the UAE had become an economic and political force in the region and the world “because we had a head start in studying the future and its implications. We are part of an extremely complex region, a well connected global economy and a fast changing world of technology and therefore, there is more need to invest in the future.” The Arab Strategy Forum, beginning tomorrow, will host, among others, political expert Francis Fukuyaman, author of End of History and Paul Krugman, holder Nobel Memorial Prize in Economic Sciences and a number of experts in a bid to draw a map of the state of the world and the state of the Arab world in 2015.

The forum will discuss the main expected political and economic changes in addition to mapping the main influential powers and major economic trends.