EBOOK After the Spring:Economic Transitions in the Arab World -

EBOOK After the Spring:Economic Transitions in the Arab World
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Wydawnictwo: Oxford University Press
ISBN: 9780199939114
EAN: 8C8E78F2EB
Format: 0,0 x 0,0 x 0,0
Oprawa: ...
Stron: 192
Data wydania: 2012
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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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