The Three-Track Middle East

LAGUNA BEACH – During a recent trip to the Middle East, I was struck by the growing gap between countries – so much so that, more than ever, I came away convinced that it makes no sense today to talk of the region as a coherent whole. Rather than pursuing internal convergence, this important part of the world is now following at least three paths, characterized by large divergences that will persist – and likely grow – for years to come.

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Mexico’s Breakout Moment?

MEXICO CITY – Less than two years into Enrique Peña Nieto’s presidency, Mexico is implementing an ambitious structural-reform package designed to lift its economy out of a multi-decade low-growth trap and create new opportunities for its citizens. The reforms involve restructuring economic sectors once deemed politically untouchable, and are backed by constitutional amendments and a bold legislative agenda.

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The Democratic Disruption of Finance

LAGUNA BEACH – There seems to be no limit to the exciting possibilities that come from combining technical innovations, the Internet, and social media. It is a phenomenon that has been revolutionizing journalism and entertainment; and, by helping to overcome coordination challenges, it has also had political consequences in a growing number of countries – all of which means an ever-evolving set of opportunities and risks.

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