After the Spring: Economic Transitions in the Arab World

After the Spring: Economic Transitions in the Arab World

Magdi Amin Ragui Assaad Nazar Al-Baharna Kemal Derviş Raj M. Desai / May 25, 2019

After the Spring Economic Transitions in the Arab World The Arab Spring constitutes perhaps the most far reaching political and economic transition since the end of communism in Europe For too long the economic aspirations of the people in the region esp

  • Title: After the Spring: Economic Transitions in the Arab World
  • Author: Magdi Amin Ragui Assaad Nazar Al-Baharna Kemal Derviş Raj M. Desai
  • ISBN: 9780199924929
  • Page: 162
  • Format: Paperback
  • The Arab Spring constitutes perhaps the most far reaching political and economic transition since the end of communism in Europe For too long, the economic aspirations of the people in the region, especially young people, have been ignored by leaders in Arab countries and abroad Competing views as to how best to meet these aspirations are now being debated in the region.The Arab Spring constitutes perhaps the most far reaching political and economic transition since the end of communism in Europe For too long, the economic aspirations of the people in the region, especially young people, have been ignored by leaders in Arab countries and abroad Competing views as to how best to meet these aspirations are now being debated in the region The outcome will shape Arab societies for generations to come The authors of this book argue that significant economic reforms must accompany the major political transitions that are underway Although each country has a different economic structure and history and must make its own way forward, there are spill overs from trade and investment linkages, the contagion of news cycles, interaction of people and sharing of expectations that are too great to ignore Some common foundation of the new Arab economies is needed Towards that end, this volume addresses four central challenges of economic reform in the Arab world First, with two thirds of the population under the age of 30, the disproportionate burdens of unemployment and poor education can no longer be heaped on youth Second, while some government policies may have improved the living standards of Arab citizens in the past, they have also entrenched cronies, enriched a small elite, and become unaffordable Third, if Arab economies are to compete in the 21st century they cannot depend solely on oil and gas money, remittances, and tourism, but will require active, independent private sectors And finally, the relative isolation of Arab economies both from each other and from the world must end Rather than providing specific lists of recommendations, this book sets forth a set of guidelines and priorities for reformers who will begin creating new opportunities for youth, rebuilding the institutions of the state, diversifying the private sector, and cooperating with each other and integrating with the world economy.

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      • Magdi Amin Ragui Assaad Nazar Al-Baharna Kemal Derviş Raj M. Desai

        Magdi Amin Ragui Assaad Nazar Al-Baharna Kemal Derviş Raj M. Desai Is a well-known author, some of his books are a fascination for readers like in the After the Spring: Economic Transitions in the Arab World book, this is one of the most wanted Magdi Amin Ragui Assaad Nazar Al-Baharna Kemal Derviş Raj M. Desai author readers around the world.


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    1. This book provides a good background to the economic issues surrounding the Arab spring, as well as steps to improving the economic and political policies of countries affected by the Arab Spring.


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