Crisis in Arab World: Economic and Social Aspects

Mel'yantsev V.

Crisis in Arab World: Economic and Social Aspects

234

V. Mel’yantsev, Institute of Afro-Asian Studies, Moscow State University (ISAA MGU), 11/1, Mohovaya Str., Moscow, 125009, Russian Federation (vamel@iaas.msu.ru)

Abstract

The article considers macroeconomic and social factors of the upsurge of socio-political instability in the Arab world. The Arab countries are compared with other states in the Arab-Muslim world, as well as with the economically fast-growing economies of East and South Asia. It is concluded that Arab countries loosely fit into the promising growth model of the XX century and they are in need of profound reforms.

Keywords

Arab world, braking of growth, growth models, low quality of institutions, increasing socio-political instability

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For citation:

Mel'yantsev V. Crisis in Arab World: Economic and Social Aspects. Mirovaya ekonomika i mezhdunarodnye otnosheniya, 2011, No 10, pp. 73-83

Contents Mirovaya ekonomika i mezhdunarodnye otnosheniya. 2011, No 10

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