Reports from Dubai

Arab world held up to scrutiny

One event that always draws an elite crowd of central bankers and economists during the IMF meetings is the Per Jacobsson Lecture - named after the Fund's third managing director - and this year it again lived up to expectations. To invite an Arab statesman to give an overview of the Arab world might seem a high-risk strategy - courting the risk of getting a diplomatic exercise to avoid the difficult issues. But the organisers led by Jacques de Larosière knew what

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