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Yasser El-Gammal
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Blog Entries by Yasser El-Gammal

It Is Time for the Arab World to Invest in People Not Subsidies

(3) Comments | Posted February 16, 2013 | 11:37 AM

Governments in the Arab world have historically relied on subsidies to lower the cost of fuel and food as the principal means for protecting the poor and sharing wealth. Or so they claim. The fundamental problem with subsidies is that they benefit the rich far more than the poor. They...

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