POLI 340 Lecture Notes - Lecture 18: Jordan River, Arab Spring, Sub-Saharan Africa
15 May 2016
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Document Summary
Oil rents, economic liberalization, and the roots of the arab spring. Graph of gdp per capita: some countries in the mena comparable to europe but not necessarily. Indoor ski hills = indication of well-being in middle east. historically unimpressive (non-oil) economic performance better performance in most cases since 1990s low levels of dfi direct foreign investment. Tunisia, egypt both above average prior to arab spring also economic performance. Was good for the region. rapid population-growth have begun over the last decade to decline. Large group of young people. challenge of unemployment populations have grown faster than the labor sector. Economic performance graph: you can see mena is not spectacular. Far worse than south asia in terms of average growth rates. Gdp growth rates: on the eve of the as numbers look pretty good. Oil and the mena region: economies deeply affected by oil. Gcc countries get massive swings in revenues by the differences of oil prices.
