Fri, Mar 27, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The Big Picture: Dr. Rania Azmi: Arab Spring increased unaccounted-for informal economy

Thursday, August 08, 2013

amb
Dr. Rania Azmi
Benedicte Gravrand, Opalesque Geneva:

An Opalesque column for global macro investors.

According to a research piece by Deutsche Bank, the Arab Spring, which started on December 17, 2010 with Mohamed Bouazizi's self-immolation in Tunisia, resulted in increased political pluralism and nascent democratic institutions. Protesters during the Arab Spring demanded more inclusion in economic and political life, better governance and strengthened civil liberties.

The Spring also led to instability, setbacks in the transition towards democracy, mass protests, clashes among former revolutionary allies as well as the rise of political Islam. This instability, which is still ongoing, has taken a toll on the region’s economies.

Timeline of Arab Spring. Source: Wikipedia.

The economic consequences of the Arab Spring

This Deutsche Bank piece focuses on the Arab countries in North Africa (Algeria, Egypt, Libya, Morocco and Tunisia) and the Levant region (Lebanon, Jordan and Syria) as well as Yemen. It lists the economic consequences of the Arab Spring thus:

1. Average real GDP growth in the region fell from 4.2% in 2010 to 2.2% in 2011, its lowest level in over a decade. Average real GDP growth increased only slightly to 2.4% in 2012.

2. Pro......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

 

banner