The economics of political transitions :: implications for the Arab Spring /

"Over the past two years, ongoing political transitions in many Arab countries have led to social unrest and an economic downturn. This paper examines comparable historical episodes of political instability to derive implications for the near- and medium-term economic outlook in the Arab countr...

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Bibliographic Details
Main Authors: Khandelwal, Padamja (Author), Roitman, Agustin (Author)
Corporate Author: International Monetary Fund. Middle East and Central Asia Department
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, ©2013.
Series:IMF working paper ; WP/13/69.
Subjects:
Online Access:DE-862
DE-863
Summary:"Over the past two years, ongoing political transitions in many Arab countries have led to social unrest and an economic downturn. This paper examines comparable historical episodes of political instability to derive implications for the near- and medium-term economic outlook in the Arab countries in transition. In general, past episodes of political instability were characterized by a sharp deterioration in macroeconomic outcomes and a sluggish recovery over the medium term. Recent economic developments in the Arab countries in transition seem to be unfolding along similar lines, although the weak external environment and large fiscal vulnerabilities could result in a prolonged slump"--Abstract.
Item Description:Title from PDF title page (IMF Web site, viewed Mar. 20, 2013).
"Middle East and Central Asia Department"--Page 2 of pdf.
"March 2013"--Page 2 of pdf.
Physical Description:1 online resource (13 pages) : color illustrations.
Bibliography:Includes bibliographical references (page 11).
ISBN:9781475580181
1475580185
9781475569643
1475569645

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