A general economic model of understanding Middle Eastern states was elaborated by political scientists around the 1980’s, based on the concept of rent as a factor of wealth around which the economic model as much as the governance of energy-rich countries was re-organized. The particular case of GCC’s countries as rentier state has been at the cornerstone of this concept since they own the most important share of energy resources in the world.

In the course of its institutional development and the expansion of its activities, the European Union (EU) has tended to pile up rather than to rationalize its policies, creating a financial tool per objective. As a result, the European funds have become a labyrinth, for which management costs are high.

Three hundred million people belonging to the middle classes of Africa; three hundred million of potential consumers: an image of this kind is enough to make many an entrepreneur start dreaming. In fact, whereas for many years Afro-pessimism has dominated public opinion in the West, what seems to be the new trend in fashion, in both the media and economic circles, is now an exaggerated Afro-optimism.

This roundtable dealt with the specificities of Turkey"s economy, which is completing major economic achievements in particularly difficult times. François Faure analyzed the risks of an economic backlash following the European crisis; Turkey appears indeed in a weaker position than in 2008 and difficult times could lie ahead. Esen Çağlar pointed out how Turkey progressed from a low-technology to medium-technology economy, thus ensuring considerable levels of growth. Yet, a renewed reform agenda is needed if Turkey wants to maintain its economic performance. Deniz Ünal addressed the issue of economic governance under the AKP and the consistency of their economic policy agenda. In any case, Europe will most certainly play a role in the country"s economic future. According to Rémi Bourgeot, the Middle East cannot provide an alternative to European markets even if it offers interesting opportunities for the Turkish South East. Turkey"s future growth will also depend on its capacity to impose itself as a corridor between Europe and its neighbours energy resources.