[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
Muslim volunteers face questioning and threat of arrest, while aid has been disrupted or blocked, charities say.
Six months on, outrage and sorrow over the mass schoolgirl abduction has disappeared - except for families in Nigeria.
ISIL combatants seeking an 'exit strategy' from Mideast conflict need positive reinforcement back home, analysts say.
European nation hit by a wave of Islamophobia as many young fighters join ISIL in Syria and Iraq.
Featured
Lack of child protection laws means abandoned and orphaned kids rely heavily on the care of strangers.
At least 25 tax collectors have been killed since 2012 in Mogadishu, a city awash in weapons and abject poverty.
Since she was 16-years-old, Scottish Nationalist Party's Sturgeon has strove for independence from the UK.
Armed group's ransom success with German hostages marks a re-emergence, as authorities investigate ISIL links.
Western nations are moving into the resource-rich country after decades of disinterest, challenging China's interests.