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Sun 14 Dec 2014 11:40 AM

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Gov'ts must adopt to rapid changes in the Arab world, says Dubai ruler

Sheikh Mohammed said the region will experience economic, political and social changes that will require flexible and wise policies to cope with them

Gov'ts must adopt to rapid changes in the Arab world, says Dubai ruler

The Arab world will experience economic, political and social changes that require governments to adopt flexible and wise policies to cope with them, Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum had said on Saturday, the official state news agency WAM reported on Sunday.

In a statement made ahead of the opening of the Arab Strategy Forum, Sheikh Mohammed said that politicians, economists and intellectuals were also required to look for answers to the future and the changes it will bring, WAM said.

"Part of investing in the future is to invest in foreseeing it and to prepare the tools and plans for it," he was quoted as saying.

In order to succeed in this rapidly changing world, we need a clear, long term vision and flexible and short term evolving plans," Sheikh Mohammed added.

The Dubai ruler said the UAE had become an economic and political force in the region and the world "because we had a head start in studying the future and its implications. We are part of an extremely complex region, a well connected global economy and a fast changing world of technology and therefore, there is more need to invest in the future."

The Arab Strategy Forum, which start on Sunday, will host, among others, political expert Francis Fukuyaman, author of End of History and Paul Krugman, holder Nobel Memorial Prize in Economic Sciences and a number of experts in a bid to draw a map of the state of the world and the state of the Arab world in 2015.

The forum will discuss the main expected political and economic changes in addition to mapping the main influential powers and major economic trends.

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Jim Gilchrist CAES 5 years ago

A critical component of effective leadership is to evaluate complex information and to develop practical solutions that will effectively solve problems in the future. This is why leaders are often called visionary. Sheikh Mohammed’s statement, ‘Part of investing in the future is to invest in foreseeing it and to prepare the tools and plans for it’, is crucially important as it promotes a proactive leadership role rather than a reactive approach. And this is exactly what effective leadership is all about. There is a huge need for future-thinking, multi-level leadership on a global scale, not only in the Gulf. Those societies, organizations and individuals that develop strong leadership capability will be better positioned to foresee, adapt to and exploit inevitable change.