http://216.239.33.104/search?q=cache:xzDFQhIz1iwJ:www.dailystar.com.lb/business/03_05_03_b.asp+arab+nations+finland++exports&hl=en&ie=UTF-8 “Arab nations, except for oil, are considered as consumers, and will never succeed unless they reverse the trend and become producers,” explained Khoury. “On a comparative note, Finland, with a population of 5.5 million, produces far more than all the Arab nations with a population of 300 million,” he added.
“As for Lebanon, exports in 2001 were around $800 million, a figure lower than when the civil war started in 1975,” he continued.
Khoury attributed Arab shortcomings to a general lack of comprehension of the corporate structure and its benefits. The majority, if not all, of Arab companies are solely or family-owned entities.
According to Khoury, venture capital, perpetuation, risk management, increased liquidity, limited liability, greater exposure and transparency are the main benefits behind the corporate structure. Cultural and management systems, employment generation, protection of knowledge assets and measurable results are also greatly enhanced.