How capitalism failed the Arab world: The economic roots and precarious future of the Middle East uprisings

Economic liberalization has failed in the Arab world. Instead of ushering in economic dynamism and precipitating democratic reform, it has over the last three decades resulted in greater poverty, rising income inequality and sky-rocketing rates of youth unemployment. In 'How Capitalism Failed t...

Full description

Saved in:
Bibliographic Details
Main Author: Heydarian, Richard Javad
Format: text
Published: Animo Repository 2014
Subjects:
Online Access:https://animorepository.dlsu.edu.ph/faculty_research/7404
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: De La Salle University
Description
Summary:Economic liberalization has failed in the Arab world. Instead of ushering in economic dynamism and precipitating democratic reform, it has over the last three decades resulted in greater poverty, rising income inequality and sky-rocketing rates of youth unemployment. In 'How Capitalism Failed the Arab World', Richard Heydarian shows how years of economic mismanagement, political autocracy and corruption have encouraged people to revolt, and how the initial optimism of the uprisings is now giving way to bitter power struggles, increasing uncertainty and continued economic stagnation.