[QODLink]
Inside Story
Are Arab economies on the road to ruin?
As economic opportunity was a major driver of the uprisings, we look at the economic impact of the Arab Spring.
Last Modified: 13 Aug 2011 11:23

It has been nearly eight months after the Tunisian street vendor Mohamed Bouazizi made himself the fuse for the Arab Spring. His self-immolation not only toppled Zine al-Abidine Ben Ali, Tunisia's president, but generated a wave of action that swept across the Middle East.  

Bouazizi's fatal decision was driven in large part by economics, and in Egypt, Libya, Yemen, Syria and Bahrain issues of food prices and unemployment are also high on the list of protestors' concerns.

But have their protests harmed rather than helped their economic prospects? The Institute of International Finance predicted sharp contractions in the economic output of many of these countries. Are Arab economies on the road to ruin? 

Inside Story, with presenter Teymoor Nabili, discusses with Lahcen Achy, an economist and scholar at the Carnegie Middle East Center; Aly Khan Satchu, a financial analyst and CEO of Rich Investments; and Mauritius Wijffels, the chairman of the Melba Group.

This episode of Inside Story aired on Friday, August 12, 2011.

Source:
Al Jazeera
Topics in this article
People
Country
Organisation
Featured on Al Jazeera
Western fighters have streamed into the Middle East to help 'liberate' Arab countries such as Syria and Libya.
The Pakistani government is proposing reform of the nation's madrassas, which are accused of fostering terrorism.
Weaving and handicrafts are being re-taught to a younger generation of Iraqi Kurds, but not without challenges.
The author argues that in the new economy, it's people, not skills or majors, that have lost value.
Featured
Up to 23,000 federal prisoners could qualify for clemency under new Justice Department initiative.
After years of rapid growth, Argentina is bracing for another economic crisis as inflation eats up purchasing power.
Deaths of 13 Sherpas in Nepal has shone a light on dangerous working conditions in the Everest-climbing industry.
Al Jazeera investigation uncovers allegations of beatings and rape in Kenya's ongoing anti-terrorism operation.
Incumbent Joyce Banda has a narrow lead, but anything is possible in Malawi's May 20 elections.
join our mailing list