A V E R R O E S
Podcasts

Economic Fragility in the Arab world and ways to address it

Miral Selim - Egypt - 05/19/2021 14:49

Ten years after the outbreak of the Arab Spring, the Arab Region is still living under central, rentier, and economically unfree economies. Economic growth rates slowed down in all of the Arab countries during this period and the levels of unemployment, especially for youth and women, have been decreasing while the level of the absence of social justice has scaled up. The economies of the region suffer from weaknesses at the level of the real economy fundamentals as well as the concentration in rentier sectors (petroleum products, tourism, mining, ...). Consequently, the Arab economies are extremely fragile, as they depend on fluctuating external factors. Nowadays, with the spread of the Corona-virus and the suffocating economic crisis it resulted in, this economic fragility has worsened and the growth rates have slowed down considerably.

Play podcast