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The Arab Spring posed a number of challenges for Saudi Arabia both internally and externally. Its primary concern was to maintain security and stability within the kingdom as it feared a spillover of the problems faced by the affected countries. Arab Spring also challenged the regional dynamics...
Persistent link: https://www.econbiz.de/10011136009
Despite sharing many of the socio-economic and political problems that led to revolutions in other Arab states, the Kingdom of Saudi Arabia experienced little unrest, a fact many in the West attributed to the Kingdom’s closed political system. The absolute monarchy has been viewed as...
Persistent link: https://www.econbiz.de/10011136012
No doubt that the revolutions of the Arab Spring in Tunisia, Egypt, Libya, Yemen and Syria affect macroeconomic variables and stock markets in the national economy. The revolution in Egypt began by a series of popular movements on Tuesday, January 25, 2011. This paper investigates the impact of...
Persistent link: https://www.econbiz.de/10011111600
The waves of the Arab Spring in Tunisia, Egypt, Libya, Yemen and Syria, and any other country that may follow, is considered a unique phenomenon worth studying in view of the pre and post revolution events and effects on all sectors of the national economy, as well as their interlocking effects...
Persistent link: https://www.econbiz.de/10011112120
This paper presents an agency theory of revolutionary political transitions from autocracy to democracy. We model authoritarian economic policy as the equilibrium outcome of a repeated game between an elite ruling class and a disenfranchised working class, in which workers have imperfect...
Persistent link: https://www.econbiz.de/10011112746
</titre> The paper reveals how Algeria has managed its foreign policy since the ?Dirty War? of the 1990s, especially through its post 9/11 alliance with the USA, to re-establish itself in the international community and to re-equip its army with modern weaponry. Its relationship with the US, founded...
Persistent link: https://www.econbiz.de/10011025242
Revolts in Tunisia and Egypt have led many observers to speak of the “first digital revolution” in the Arab world. Social media sites, such as Twitter and Facebook, are now recognised as the important tools that facilitated the “Jasmine Revolution”. In fact, the willingness of the...
Persistent link: https://www.econbiz.de/10011030684
This article explores the economic underpinnings of the Arab spring. We locate the roots of the regiosn's long-term economic failure in a statist model of development that is financed through external windfalls and rests on inefficient forms of intervention and redistribution. We argue that the...
Persistent link: https://www.econbiz.de/10009647755
The protests associated with the 2011 Arab Spring represent a serious and sustained challenge to autocratic rule in the Middle East. Under what conditions will Arab protest movements translate into a full-fledged ‘fourth wave’ of democratization? We argue that questions about the...
Persistent link: https://www.econbiz.de/10009654096
This paper presents an agency theory of revolutionary political transitions from autocracy to democracy. We model authoritarian economic policy as the equilibrium outcome of a repeated game between an elite ruling class and a disenfranchised working class, in which workers have imperfect...
Persistent link: https://www.econbiz.de/10010548577