The economics of political transitions : implications for the Arab Spring /
Khandelwal, Padamja,
The economics of political transitions : implications for the Arab Spring / Padamja Khandelwal and Agustin Roitman. - [Washington, D.C.] : International Monetary Fund, ©2013. - 1 online resource (13 pages) : color illustrations. - IMF working paper ; WP/13/69 . - IMF working paper ; WP/13/69. .
Title from PDF title page (IMF Web site, viewed Mar. 20, 2013). "Middle East and Central Asia Department"--Page 2 of pdf. "March 2013"--Page 2 of pdf.
Includes bibliographical references (page 11).
Cover; Contents; I. Introduction; II. Sample Selection and Methodology; Table; 1. Political Instability Events Since 1980; III. Main Findings; A.Output; Figures; 1. Real GDP Growth; 2. Output Gap; B.Consumption and Investment; 3. Unemployment Rate; 4. Gross Fixed Public Capital Formation; 5. Gross Fixed Private Capital Formation; C.Fiscal Positions; 6. Overall Fiscal Balance; 7. Current Account Balance; D.External Balances and International Reserves; E.Exchange Rates and Inflation; 8. Selected Financial Flows; 9. Nominal Currency Depreciation and Inflation During the Crisis. 10. Aggregate Real Effective Exchange Rate IndexIV. Conclusion; References; Data Appendix.
"Over the past two years, ongoing political transitions in many Arab countries have led to social unrest and an economic downturn. This paper examines comparable historical episodes of political instability to derive implications for the near- and medium-term economic outlook in the Arab countries in transition. In general, past episodes of political instability were characterized by a sharp deterioration in macroeconomic outcomes and a sluggish recovery over the medium term. Recent economic developments in the Arab countries in transition seem to be unfolding along similar lines, although the weak external environment and large fiscal vulnerabilities could result in a prolonged slump"--Abstract.
9781475580181 1475580185 9781475569643 1475569645
Economic development--Middle East.
Equilibrium (Economics)
BUSINESS & ECONOMICS--Economics--General.
BUSINESS & ECONOMICS--Reference.
Economic development
Economic history
Equilibrium (Economics)
Politics and government
Middle East--Economic conditions.
Middle East--Politics and government.
Moyen-Orient--Conditions économiques.
Moyen-Orient--Politique et gouvernement.
Middle East
HG3881.5.I58
330.956
The economics of political transitions : implications for the Arab Spring / Padamja Khandelwal and Agustin Roitman. - [Washington, D.C.] : International Monetary Fund, ©2013. - 1 online resource (13 pages) : color illustrations. - IMF working paper ; WP/13/69 . - IMF working paper ; WP/13/69. .
Title from PDF title page (IMF Web site, viewed Mar. 20, 2013). "Middle East and Central Asia Department"--Page 2 of pdf. "March 2013"--Page 2 of pdf.
Includes bibliographical references (page 11).
Cover; Contents; I. Introduction; II. Sample Selection and Methodology; Table; 1. Political Instability Events Since 1980; III. Main Findings; A.Output; Figures; 1. Real GDP Growth; 2. Output Gap; B.Consumption and Investment; 3. Unemployment Rate; 4. Gross Fixed Public Capital Formation; 5. Gross Fixed Private Capital Formation; C.Fiscal Positions; 6. Overall Fiscal Balance; 7. Current Account Balance; D.External Balances and International Reserves; E.Exchange Rates and Inflation; 8. Selected Financial Flows; 9. Nominal Currency Depreciation and Inflation During the Crisis. 10. Aggregate Real Effective Exchange Rate IndexIV. Conclusion; References; Data Appendix.
"Over the past two years, ongoing political transitions in many Arab countries have led to social unrest and an economic downturn. This paper examines comparable historical episodes of political instability to derive implications for the near- and medium-term economic outlook in the Arab countries in transition. In general, past episodes of political instability were characterized by a sharp deterioration in macroeconomic outcomes and a sluggish recovery over the medium term. Recent economic developments in the Arab countries in transition seem to be unfolding along similar lines, although the weak external environment and large fiscal vulnerabilities could result in a prolonged slump"--Abstract.
9781475580181 1475580185 9781475569643 1475569645
Economic development--Middle East.
Equilibrium (Economics)
BUSINESS & ECONOMICS--Economics--General.
BUSINESS & ECONOMICS--Reference.
Economic development
Economic history
Equilibrium (Economics)
Politics and government
Middle East--Economic conditions.
Middle East--Politics and government.
Moyen-Orient--Conditions économiques.
Moyen-Orient--Politique et gouvernement.
Middle East
HG3881.5.I58
330.956