Creating a Middle-East Stock Exchange
The countries of the Middle-East have failed to cooperate in the past in order to help further themselves and each other, both on an economical level and politically wise. Creation of a stock exchange in the Middle East would provide them with an opportunity to make a change and start working together in order to achieve successful development in their regions. It is apparent that most regions in the area have dramatically developed since 1990, however this has been achieved through individual economical trade and development in each country. If they cooperated and began working together on this idea, their economical status could receive a boost and they could launch new international trade markets and stock exchanges rather than sticking to independent developments. The goal is to reach a stock exchange program which would allow the industries to access a shared common marketplace for the world, and all Middle-Eastern countries would be able to participate in the market as citizens in the rest of the world, and in developed countries, do.
Not only would such a project strengthen their economical structure, it would also provide a much needed resolution to the ongoing political tension between the countries there. A stock exchange would demand more political and economical cooperation between the regions in order to succeed, something which has not yet been achieved in the Middle East in the past.
Countries of the Middle East should work together in order to reach agreeable terms on which to open such a stock exchange. It will order them to cooperate and work as allies for an ongoing period of time. They must recognize that the participating countries will benefit largely, enjoy economical development, international participation in world markets and maybe even the crisis plagued countries will manage to solve their political and financial problems during the process. Hopefully, if the UN reaches an achievable and realistic agreement and enough countries wish to participate, the Middle East as a whole will enjoy a political and economical growth, disputes would be minimized and in some cases solved, and forever warring countries will learn to cooperate and work with each other.
You may use the following sites to help you research the topic on a deeper level:
http://www.gti.org/Press-room/middle_east_stock_exchanges_must_deliver_greater_transparency.asp
http://www.mondovisione.com/index.cfm?section=articles&action=detail&id=47672
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