The Economics of the Arab Spring
A singular failure of the Arab world is the absence of a private sector that is independent, competitive, and integrated with global markets. This paper argues that private sector development is both a political and regional challenge. In so far as the private sector generates incomes that are independent of the rent streams controlled by the state, it can pose a direct political challenge. It is also a regional challenge, since fragmented markets deny scale economies to firms and entrench the power of insiders. We argue that overcoming regional economic barriers constitutes the single most important collective action problem facing the region since the fall of Ottoman Empire.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Francesco Caselli & James Feyrer, 2005.
"The Marginal Product of Capital,"
NBER Working Papers
11551, National Bureau of Economic Research, Inc.
- Francesco Caselli & James Feyrer, 2006. "The marginal product of capital," LSE Research Online Documents on Economics 3560, London School of Economics and Political Science, LSE Library.
- Francesco Caselli & James Feyrer, 2006. "The Marginal Product of Capital," CEP Discussion Papers dp0735, Centre for Economic Performance, LSE.
- Caselli, Francesco & Feyrer, James, 2005. "The Marginal Product of Capital," CEPR Discussion Papers 5203, C.E.P.R. Discussion Papers.
- Nunn, Nathan, 2008.
"The Long-Term Effects of Africa's Slave Trades,"
3710252, Harvard University Department of Economics.
- Henry,Clement Moore & Springborg,Robert, 2010. "Globalization and the Politics of Development in the Middle East," Cambridge Books, Cambridge University Press, number 9780521737449, October.
- Julia Devlin & Peter Yee, 2005. "Trade Logistics in Developing Countries: The Case of the Middle East and North Africa," The World Economy, Wiley Blackwell, vol. 28(3), pages 435-456, 03.
- World Bank, 2010. "World Development Indicators 2010," World Bank Publications, The World Bank, number 4373.
- Tarik M. Yousef, 2004. "Development, Growth and Policy Reform in the Middle East and North Africa since 1950," Journal of Economic Perspectives, American Economic Association, vol. 18(3), pages 91-115, Summer.
- Robinson, James A., 2010. "Elites and Institutional Persistence," Working Paper Series wp2010-85, World Institute for Development Economic Research (UNU-WIDER).
- Harrigan, Jane, 2011. "The Political Economy of Aid Flows to North Africa," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
- World Bank, 2004. "Unlocking the Employment Potential in the Middle East and North Africa : Toward a New Social Contract," World Bank Publications, The World Bank, number 15011.
- Tarik Yousef & Hassan Al-Atrash, 2000. "Intra-Arab Trade; Is it too Little?," IMF Working Papers 00/10, International Monetary Fund.
- Dennis, Allen, 2006. "The impact of regional trade agreements and trade facilitation in the Middle East and North Africa region," Policy Research Working Paper Series 3837, The World Bank.
- Henry,Clement Moore & Springborg,Robert, 2010. "Globalization and the Politics of Development in the Middle East," Cambridge Books, Cambridge University Press, number 9780521519397, October.
When requesting a correction, please mention this item's handle: RePEc:eee:wdevel:v:45:y:2013:i:c:p:296-313. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.