Mon, Mar 27, 2017
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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He