Or is it a sign that even banks with low efficiency can survive, meaning that there is little incentive to adopt innovations? One may speculate that the answers depend on how one defines the best-practice frontier and whether it is valid to assume that the same technology is available to all institutions.
At the same time it is essential to place education as a high priority, and I mean particularly education and training in professions and skills that will help the integration of the Arab population into the labor market, especially in those industries and occupations requiring relatively high levels of skill, and which command high pay. I am referring both to technological and non-technological education.