Our Beacon Forum

The Arab Model for Economic Growth
By:Badar Habib US
Date: Friday, 18 December 2020, 3:42 pm

“Arab Social Values in the 21st Century.”
The Arabs (UAE, KSA and Qatar) have brought down their cultural walls to improve their economy. Turkey and Iran are watching how the Arab model of liberalization unfolds before they follow the suit. The recent changes in the Arab world will make them business-friendly and more open to the “infidels”. Israel is no longer an enemy but a customer, who will spend their money and help boost the Arab economy. The civil society in the Middle East is evolving at a fast space under their present leadership.

“Countries with religious freedom present a better environment for innovation and experimentation. Advances in religious freedom is in the self-interest of businesses, governments and societies.”

Fundamental transformations of thought and action will be required to develop the economic backbone and financial strength for Pakistan. Only a strong and secular government can bring about economic prosperity without repeating the "Arab Spring" model.
Friends of Pakistan would like to see Imran Khan to move away from the “Medina Model”, revival of the caliphate, and implementing the Sharia law. It is highly unlikely that a similar socio-cultural change (degradation) will happen in a highly conservative Pakistani society.

Ref: Excerpt from “Research paper - World Economic Forum’s Global Agenda Council on the Role of Faith"