Image by Getty Images via @daylifeThe burgeoning freedom and democracy in the Middle East/North Africa is truly an opportunity to shake out much of the corrupt infrastructure in developing countries in their natural resources industries. This is a new day for multinational corporations and their involvement in the oil rich region. There will be a new set of players and many more voices and interests at the negotiating table. Corruption and collusion cannot hide for long in the light and transparency of openness. George Soros has an interesting comment in the FT (see link below) about his own efforts to create accountability for the uses of natural resource profits in developing countries. This process can prove to be win-win. The opportunity to create a new class of empowered individuals participating fully in the global economy in the medium term is a powerful incentive. But, as with any lasting change, it will take an investment of time, energy and money. Perhaps more importantly it requires a willingness to change our perspectives and look for new ideas and opportunities.
http://www.ft.com/cms/s/0/016ad9d4-45e1-11e0-acd8-00144feab49a,_i_email=y.html
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