REGIONAL
Economic Downturn Forecast For Arab Spring Countries
Severe social unrest similar to that experienced in the Arab Countries in Transition (ACTs) tends to be “accompanied by a sharp deterioration in macroeconomic outcomes,” argue Padamja Khandelwal and Agustin Roitman in an IMF working paper published in March 2013 entitled ‘The Economics of Political Transitions: Implications for the Arab Spring’. The paper, which reflects the...
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