This is a joint post with Lawrence MacDonald.
Even an avid consumer of the news and commentary on Obama’s speech on the Middle East yesterday could easily miss his proposals for supporting job-creating economic growth and development in the region. But long after we have forgotten the media bluster over a possible shift (or not!) in U.S. policy towards Israel and Palestine, the president’s seemingly modest suggestions on development just might be making a difference.
The one that intrigues me most involves putting the European Bank for Reconstruction and Development to work in the Middle East and North Africa.