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November 28, 2006
MENA Govs - Still don't get Free Market
I just came away from an interesting yet profoundly frustrating meeting with some Sr. officials from the Maghreb on investment projects in the "Technology Space" - one can interpret that broadly to mean any technology new to the Maghreb, not just North American style Hi Tech.
Motivated folks, smart and well-educated.
And without the slightest fucking clue as to how the bloody fuck the private sector invests. Painfully clueless.
First, the whinged on that they had sent letters to the US and UK govs (why they raised this with me escapes me entirely except their confusion between private and public sectors) asking that the AngloSaxon multinationals present in country be advised/requested to off-shore some of the R&D and Tech development to this fine little country.
I was, to say the least, a bit taken aback by this issue being raised in the meeting as (i) I have fuck all to do with USG or UK policy (or any other Anglo Saxon hive mind government policy for that matter) in re off-shoring or the like, (ii) I was there to talk about potential things to do in the technology space and rap about potential improvements they might make to their backwards ass dirigiste approach to investment promotion in this fine, lovely, but often pointlessly but profoundly economically retarded country.
However, the very idea that writing to an Anglo Saxon type government asking that "its" pure private sector multinational firms be directed to invest some portion of their R&D budget and transfer tech to the MENA region is absolutely droolingly idiotic, bordering on retarded.
These poor sad bastards don't bloody get it. They really don't bloody get it. If USG wrote to, just for argument, Coca Cola and says "off shore some of your R&D T Land" the resposne would be "fuck off" and then if there was pressure, publisize the issue to create political blow-back. It's insanely stupid. Now, asking for assistance in making the country more attractive to R&D oriented off-shoring, well, that's more sexy and politically doable. Directed investment? Go to fucking France for that - of course France is so bloody hypocritical they'd make the poor sad bastards sign 18 different useless fucking bureaucratic compacts that would be utterly inapplicable, fund the compacts in theoretical Euros and then let the sad bastards figure out that there was no way to actually in reality fucking access the goddamned facilities.
(For the model, see the famed Euro Med Cooperation agreements, engineered by that mistress of elegant hypocrisy, La France, espece de sale putain)
The most painful part of this little charade was their absolute sincerity. I'm almost charmed by sneaky corruption trying to get some more dumb Foreign Assistance money into Ministerial budgets, to fund the Mercedes budget. But utter sincere cluelessness really fucking pains me.
The MENA Governments still remain largely afraid and clueless about free markets or non-Dirigist systems. Of course the ex-French colonies have that disease extra bad, but it's present everywhere in MENA, throttling off growth, enterprise, and ambition in the populace.
Sadly, even the well-motivated and sincere are sucked into the mentality.
I almost laughed out-loud when they cited their participation in some monstrously complex French style all EU entrepreneurship promotion bureaucratic bastardised mess of "Innovation Promotion" nonsense project, noting they had almost as many projects as the UK.
What the bloody fuck are the thinking? Of course UK doesn't participate in this mosntrous waste of taxpayer Euros, UK gets 50% of all Europe's private venture capital financing, by market drivers alone (of course certainly some of that actually is Irish, and continental VC money finding a nice cozy London home for domiciliation purposes I am sure, haven't given it a close look). They don't need some monstrous parasitic waste of resources to "promote" innovation (doing nothing of the sort).
Learn from the English(*), you stupid Euro-besotted whinging Arabo-Himar bastards! Not the bloody French (in business of course, in other areas, such as food, cafes, wine.... well almost everything but business, learning from the English is positively idiotic - as anyone who's had what pretends to be a baguette in Cairo knows).
* The English cited simply for the Arab Med basin's obsession with Europe.
Posted by The Lounsbury at November 28, 2006 03:51 PM
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Comments
"However, the very idea that writing to an Anglo Saxon type government asking that "its" pure private sector multinational firms be directed to invest some portion of their R&D budget and transfer tech to the MENA region is absolutely droolingly idiotic, bordering on retarded."
Though it doesn't surprise me at all, given how paternalistic mindsets are here. They expect their people to do as bidden like good little children, and cannot countenance that it just doesn't work that way in the Good Old Evil Corrupt West.
Besides which nearly every private sector company "belongs" to the government in some form or another. Even if its controlling interest is wasta-based rather than ownership based, the goverment still holds sway.
Posted by: secretdubai
at November 28, 2006 05:27 PM
I'm reminded by this of blaming the Danish government for the motoons, it was assumed they condoned the drawings, if not set it in motion.
Posted by: Klaus
at November 28, 2006 08:05 PM
Well, re Secret, the situ you describe is much more the case in some countries and regions (Gulf, Syria, Egypt) than others. But the paternalistic mind set is spot on.
Posted by: The Lounsbury at November 28, 2006 09:20 PM
{free market funamentalism, on}I guess Milton Friedman wasnt so unrealistic after all -- about parallels between economic and political mind-sets.{free market fundamentalism, off} {actually no, i can't do that}
Posted by: matthew hogan at November 29, 2006 04:10 AM
Parallels yes, causality no. Don't suggest that the French are closer to dictatorship than the Americans, you mean fundie you.
Posted by: Klaus
at November 29, 2006 08:03 AM
So what did you tell them?
While, admittedly, it is supposed to be their job to know the difference, I don't find their confusion as shocking as you do. How many North Americans (or even Europeans!) can give you a detailed analysis of the difference in business culture between, say, the Dutch, Danes, Swedes, Fins and Norwegians? In fact, when you consider how completely clueless USG policy makers often seem to be about MENA, a bit of confusion going the other way seems almost justifiable.
Posted by: Anonymous at December 1, 2006 01:59 AM
I should note my surprise was with their raising their demarche with me personally, not the demarche itself, which was merely profoundly disappointing.
Posted by: The Lounsbury at December 7, 2006 09:41 AM

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