Book Review : The Middle East Economies in Times of Transition

In 2011, when the organizers of the International Economics Association decided to hold their 2014 World Congress in Jordan, they did not anticipate that the Middle East would be the center of one of the most important economic, political and social transitions of our time. The Arab Spring caught mu...

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Bibliographic Details
Main Author: Devarajan, Shantayanan
Format: Journal Article
Language:en_US
Published: Taylor and Francis 2016
Subjects:
Online Access:http://hdl.handle.net/10986/25330
Description
Summary:In 2011, when the organizers of the International Economics Association decided to hold their 2014 World Congress in Jordan, they did not anticipate that the Middle East would be the center of one of the most important economic, political and social transitions of our time. The Arab Spring caught much of the world by surprise. Its aftermath has led to political unrest, violent conflict and deteriorating economic performance in the Middle East and North Africa (MENA) region. The organizers therefore asked Ishac Diwan and Ahmed Galal, two leading economists and experts on the region, to put together an edited volume from the papers at the World Congress relevant to the transition in the Middle East. This volume collects some of those papers, as well as a few others, to explain the factors that led to the Arab Spring and to anticipate some of its consequences. It provides a multidisciplinary “snapshot” of research on the transitions in MENA.