Regional Conference on Social Partnership in the Middle East Concludes
19 Jun 2007By Bashar Al Ashhab
AMMAN - The regional conference on Social Partnership in the Middle East: The Impact of Social Market Economy on Economic Development concluded on Tuesday with an emphasis on the need to motivate the private sector to support governments in different fields mainly in science.
The two-day event organized by Talal Abu-Ghazaleh College of Business/ German Jordanian University (TAGCB/GJU) and the regional program Near East/ Mediterranean/ Konrad Adenauer Stiftung (KAS), Amman office hosted key international and regional experts.
“Setting out the plan for the economic development involves the governmental sector as well as the private sector,” representative of Jordan’s Ministry of Social Development Ayman Hamad stated.
“The case studies discussed in the conference illustrated how reforms in the political arena can reflect on the business sector and the potential benefits it has on the society as well as the well being of any country,” he noted.
Participants tackled economical order, policies of economical order in the Middle East in addition to several case studies in the region such as the impact of recent economic reforms in Egypt, the Arab Bank and the Shoman Foundation.
Moreover, the role of youth and women in the society and labor laws and regulations was also underlined.
“The benefits of this conference has not only enriched my knowledge but also benefited Jordan from an economic policies point of view. Planning and amending economic policies has a few set backs and implications that need to be addressed,” BNI Group Inc, Senior Associate Riad Al Khouri said.
“This conference is a courageous step by TAGCB/GJU and KAS, as an attempt to improve economic condition in the Middle East,” he added.
Dean of TAGCB Prof. Peter Uecker believes that "the conference was successful because experts from different countries in the Arab world expressed, shared and suggested new ideas and amendments to the political and social structure that we have today in the Middle East.”
“There is no need to repeat other countries' mistakes concerning economic development and welfare, today we are able to learn from others and implement the right idea on the economic system to reach optimum goals,” he further added.
The participants also tackled regional integration and possible ways of cooperation in the Middle East and assessment of the existing frameworks of cooperation in working laws and free movement of workers in the Middle East.
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