POLI 340 Lecture Notes - Lecture 13: Arab Spring, Population Pyramid, Human Development Index
20 Jan 2016
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Document Summary
Large regional disparities: oil haves (gcc states, libya, intermediate cases (algeria, egypt, syria, jordan, oil have-nots (yemen, sudan) Economic performance ws good for the region and slightly above average of developing world. Significant government role: employment (large public sector, subsidies, trade, business regulation, weak governance (administration, accountability, decline of public sector employment +urbanization = large informal. Population and employment sector in some countries: big youth bulge, populations have grown faster than the labour market labour force expanding faster than labour opportunities, most mena economies have proven relatively resistant to the 2008 recession. Economies have been deeply affected by oil: massive swings in revenue from oil because price is in constant flux, oil has important secondary effects. Oil money ends up taking the form of remittances, although not all those remittances are distributed. Poverty rates in mena are higher than latin america, but much lower than. Hdi in mena is lower than latin america and east asia but much higher than.
