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

• Main Author: Heydarian, Richard Javad
• Format: text
• Published: Animo Repository 2014
• Subjects: Arab Spring, 2010- —Economic aspects; Arab countries—Economic conditions—21st century; Arab countries—Economic policy—21st century; Arab countries—Politics and government—21st century; Economics; Near and Middle Eastern Studies
• Online Access: https://animorepository.dlsu.edu.ph/faculty_research/7404
• Institution: De La Salle University

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.