Looking at the current return on capital profiles for the GCC countries, a few things become abundantly clear: 1) overall GCC aggregate return on capital (7.5%) is now firmly below the blended cost of capital (7.7%), suggesting that based on the latest quarter performance, the GCC in aggregate is generating negative economic value-added, 2) withContinue reading “GCC SOE Dominance: Misalignment of Incentives and Economic Value Destruction”
Neglected, misunderstood and overlooked emerging and frontier markets
Jadara Blog 