With the political changes the Arab world is taking at the moment, comes concern to many businesses in Europe and the world.
The turn of events in many countries in the Middle East can take either way. Positive impact on business growth and or negative one in regards to business relationships between the west and the Middle East.
In many ways the west has always encouraged fair practices of democracy to be practiced in the Arab countries. The west always seemed to put pressure on the Arab leaders to support democracies and practice human rights. However, I can’t but wonder whether democracy in the Arab world is what the west needs at the moment. The Global financial difficulties that most of the western countries are struggling to get out of encouraged businesses to divert their attention to the East where the money is.
Most business people who had done business in any of the Arab countries know that business is conducted in a special way, basically “The more you bribe and get connected, the better your chance is in getting a certain job”. Business corruption has made it very difficult for decent and ambition small businesses to take off and get a fair chance. Nevertheless, this same business corruption has opened its arms for many western businesses to benefit from the easy to the non-existent business regulations and fair treatment.
So now that the Arab people are showing the world their rebalance against their governments and are saying no more to unfair treatment, no to corruption in business and politics demanding to get their fair right in good employments and business support, I can’t but help wonder what kind of unclear future that brings the west?
Do businesses in the west need to adjust their International business skills to the changes taking place in the Middle East right now? How fast? In what way?
Indeed the new circumstances in the Middle East are to be taken real seriously. It is quite natural that those countries will take their time before they get back on their feet again, set new rules, new regulations and new systems. And all we can do at the moment tread very carefully, observe the new situation and of course wish the Arab people all the best in creating a new and fair democracy that can be beneficial for both them their countries and the world.