Egyptian Exchange boss Farid says global volatility risks countries adopting “inward-looking” growth models

** #6 Global economic volatility could force countries to adopt “inward-looking,” consumer-driven growth models, says Farid: Global economic volatility could lead to policy changes and new growth models being adopted around the world, EGX Chairman Mohamed Farid told Zawyaon the sidelines of the annual conference of the Federation of Euro-Asian Stock Exchanges (FEAS) in Abu Dhabi. Farid said the world might be forced to divert its focus from exports and adopt more “inward-looking, consumption growth models.” The chairman stressed the importance of strengthening venture capital and private equity firms to fund entrepreneurs and startups.