Carnegie Endowment for International Peace
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The economic success of Gulf regional integration depends on increased cooperation within the service sector and improved administrative capacity in GCC countries.
As the global economic crisis deepens, Arab Sovereign Wealth Funds can overcome the concern many foreign governments harbor about accepting investment money from them by providing greater transparency about their holdings and investment strategies.
For decades, Arab regimes have used scare tactics to encourage the United States and Europe to support their repressive measures toward Islamist movements by invoking the image of anti-Western fanatics taking power through the ballot box. However, today’s moderate Islamists no longer match this nightmare.