Plan for all seasons



Issandr El Amrani calls for an end to all the calls for a 'new Marshall Plan' In early 2008, I was contacted by a researcher affiliated with the US State Department's Policy Planning Staff, a kind of internal think tank that develops strategic policy options for American diplomats. He had recently written a book on the history of the Marshall Plan - the American programme to help fund the reconstruction and economic development of Europe after the Second World War - and now the State Department had asked him to examine the possibility of a "new Marshall Plan" for the Middle East.

The original plan, named for the then-US Secretary of State George Marshall, delivered $13 billion in aid to Western Europe between 1948 and 1952 and cemented the United States in its new role as a dominant player in world affairs. It is remembered today as an act of enlightened self-interest, which both encouraged European integration and helped contain the westward spread of communism. For reasons that go beyond mere nostalgia for a more noble age of American foreign policy, pundits and politicians alike have issued innumerable calls for "new Marshall Plans". Since the attacks of September 11, 2001, the ills of the Middle East, real or imagined, have been the central target of what I call Marshallplanism - whose adherents are confident that the American policy that worked for Western Europe can be applied anywhere, and that American determination and dollars, properly applied, can bring economic and then political stability to any place on earth.

Calls for a Mideast Marshall Plan are legion. Richard Gephardt, then the Democratic leader in the US House of Representatives, advocated a Marshall Plan for the region in 2003; across the aisle, the Republican senator Lamar Alexander suggested a more modest Marshall Plan for Iraq. The New York Times columnist Thomas Friedman, never one to shun a facile idea, described the entire Iraq War as one big Marshall Plan; it was "the most important liberal, revolutionary US democracy-building project since the Marshall Plan," he wrote. "Unless we begin the long process of partnering with the Arab world to dig it out of the developmental hole it's in, this angry, frustrated region is going to spew out threats to world peace forever." Marshall Planning is not limited to politicians and diplomats; according to the trade publication Inside the Pentagon, military strategists were "in the beginning stages of drafting" their own Marshall Plan in January 2008.

Any troubled region that drifts from obscurity into the headlines - so long as American interests are at stake - is liable to be deemed ripe for Marshall Planning. Hence the suggestions that Pakistan and Afghanistan need their own Marshall Plan, or that Somalia does as well. One could hardly be shocked, for example, to open the Washington Post last week and find an editorial suggesting that the Marshall Plan presents a perfect model by which to rescue Yemen, today's poster-child for global terror, and save it from becoming a failed state.

The premise that underpins all these suggestions is that the United States is undercommitted to the region, and that a new Marshall Plan will demonstrate the country's resolve to really fix things once and for all. But the tenets of Marshallplanism are already at the heart of American policy. George W Bush's Greater Middle East Initiative combined the precepts of the Marshall Plan with his administration's love of supply-side economics. Other Bush-era programs, such as the Middle East Partnership Initiative, were animated by the idea that dollars can buy democracy. The only tangible outcome of Barack Obama's June 2009 speech in Cairo, soaring in style but plummeting in deliverables, has been a collection of minor initiatives for economic development, women's empowerment and scientific research. It is Marshallplanism Lite.

Some Middle Easterners have also hopped on to the Marshallplanism bandwagon. In 2007, the then-Iraqi Prime Minister Ibrahim al Jaafari added his voice to the chorus for a Marshall Plan for Iraq; President Hamid Karzai did the same for Afghanistan in 2008. Back in 2004, King Abdullah II of Jordan suggested a Marshall Plan "for the recovery of the Middle East". An Israeli industrialist, Stef Wertheimer, has been advocating a Marshall Plan that would focus on Israel, Jordan, Turkey and the Palestinian Territories since 2002, arguing that "from my perspective as an Israeli businessman, industrial development may well provide a solution to the strife that besets my region".

The enthusiasm of local governments and elites is hardly surprising: they would be any plan's first and biggest beneficiaries. Israel and many Arab states have already pocketed decades of American largesse - and to call for a "new Marshall Plan" is, above all, to call for a reinforcement of the region's ugly status quo under America's aegis. It is not only that Marshallplanism posits that every regional problem has an American solution; as a lens through which to view the Middle East, it has enormous blind spots. Marshallplanists regard economic issues - unemployment, poverty, etc - as the root of the region's problems and the key to their solution. They ignore any problems caused by American policy, particularly support for Israeli landgrabs and wars of collective punishment. Marshallplanism takes the outsized American presence in the region as a given, and argues that the solution to every problem is more, rather than less, American involvement; it ignores the fact that the Middle East of today is already, in many ways, an American Middle East, whose political landscape was shaped largely by US strategic planning over the course of the Cold War.

It would not be a stretch, in fact, to suggest that the Middle East has already had its own Marshall Plan, created, like the original in Europe, during the height of the Cold War and intended, above all, to check Soviet influence. This was the Eisenhower Doctrine, announced in January 1957, which committed the United States "to secure and protect the territorial integrity and political independence" of any nation requesting aid against the threat of "overt armed aggression from any nation controlled by international communism".

In practice, it entailed American backing for any anti-communist regime, a policy enforced with particular zeal in the Middle East, owing to the region's strategic and economic importance. The policy failed in its immediate goal - the isolation of Egypt's Gamal Abdel Nasser, who had allied with the Soviet Union and backed progressive regimes elsewhere in the region - but its premises have continued to shape both American policy and the region itself. By the time of the Clinton administration, the Soviet Union was no more, but the same policy was easily recast, with a new emphasis on protecting Israeli as well as American strategic interests. For over half a century, it has encouraged the rise of client-states who are often left militarily dependent on US force projection, even when it is unpopular with domestic audiences. It has helped to maintain a striking absence of democracy in the region, with local potentates pivoting effortlessly from trumpeting their anti-Communist bona fides to touting their anti-Islamist credentials.

The Eisenhower Doctrine may also be why a Marshall Plan would be unworkable in the Middle East. Without political legitimacy, without institutions enforcing the rule of law and respect for private property, and without an end to the conflicts that have perdured in the region - most notably the Israeli-Palestinian conflict - a "new Marshall Plan" is likely to have as little impact as the 30 years of USAID funding that were supposed to create a prosperous and democratic Egypt in the wake of the Camp David Accords.

The persistence of Cold War thinking that Marshallplanism represents is another reminder that the United States lacks new policy ideas to orient its actions in the wake of the Soviet Union's collapse. The one thing that both sides of the American political spectrum agree on is that the United States - especially in the Middle East - has a duty and an interest in projecting power abroad. No credible American politician would dare suggesting the US reduce its footprint in the region, or encourage regional security arrangements designed to represent local needs rather than American interests.

As a result, most local actors wait to see what Washington will propose before tackling their own problems - and have pushed rent-seeking to such an extreme that large chunks of the region are, in a sense, in debt to a Marshall Plan that doesn't yet exist. It should now be self-evident that this mindset favors neither the American taxpayer nor the citizens of the Middle East. If our countries cannot fix their own problems, we should not expect that the United States can do it for us.

Issandr El Amrani is a writer and analyst based in Cairo. He blogs at www.arabist.net

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
MATCH INFO

Uefa Champions League last-16, second leg:

Real Madrid 1 (Asensio 70'), Ajax 4 (Ziyech 7', Neres 18', Tadic 62', Schone 72')

Ajax win 5-3 on aggregate

MATCH INFO

Newcastle 2-2 Manchester City
Burnley 0-2 Crystal Palace
Chelsea 0-1 West Ham
Liverpool 2-1 Brighton
Tottenham 3-2 Bournemouth
Southampton v Watford (late)

COMPANY%20PROFILE
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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

Long read

Mageed Yahia, director of WFP in UAE: Coronavirus knows no borders, and neither should the response

The specs: McLaren 600LT

Price, base: Dh914,000

Engine: 3.8-litre twin-turbo V8

Transmission: Seven-speed automatic

Power: 600hp @ 7,500rpm

Torque: 620Nm @ 5,500rpm

Fuel economy 12.2.L / 100km

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Banthology: Stories from Unwanted Nations
Edited by Sarah Cleave, Comma Press

Getting there

The flights

Flydubai operates up to seven flights a week to Helsinki. Return fares to Helsinki from Dubai start from Dh1,545 in Economy and Dh7,560 in Business Class.

The stay

Golden Crown Igloos in Levi offer stays from Dh1,215 per person per night for a superior igloo; www.leviniglut.net 

Panorama Hotel in Levi is conveniently located at the top of Levi fell, a short walk from the gondola. Stays start from Dh292 per night based on two people sharing; www. golevi.fi/en/accommodation/hotel-levi-panorama

Arctic Treehouse Hotel in Rovaniemi offers stays from Dh1,379 per night based on two people sharing; www.arctictreehousehotel.com

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

Brief scores:

Toss: Kerala Knights, opted to fielf

Pakhtoons 109-5 (10 ov)

Fletcher 32; Lamichhane 3-17

Kerala Knights 110-2 (7.5 ov)

Morgan 46 not out, Stirling 40

The five pillars of Islam