Lagarde warns Arab world of ‘lost' generation
Arab countries must build economies on participation, not privilege
Christine Lagarde, managing director of the International Monetary Fund, today called for the countries of the Arab world to build "more of a 'participatory' economy and less of a 'privilege' economy", built on improving governance, promoting the private sector, and creating jobs for young people.
Speaking in Rabat, Morocco, ahead of a two-day conference next week in Amman, Jordan entitled Building the Future: Jobs, Growth, & Fairness in the Arab World, Lagarde said the region "faces one of the
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