1,461
23
Essay, 2 pages (250 words)

How the arab spring is affecting economies

Moshe Shitrit Arab Spring How is the ‘ Arab Spring’ affecting economies? * Since the Arab Spring started with the protest and revolutionary waves, the Arabs country’s that controls the oil got benefits from the higher oil prices that this crisis has brought about. * Bahrain has benefited from help from its Saudi neighbor, both in terms of troops and economic activity. The majority of Bahrain’s oil revenue comes from a shared field with Saudi Arabia. But also it will likely suffer from a drop in the tourism and real states investments.

The EIU has therefore revised growth downwards from 4. 3 in 2011 to 2. 9 and in 2012, from 5. 2 to 3. 3. * In Syria the situation has worsened since the latest revisions, so the EIU will again be revising downwards its growth predictions for this country. The government’s continued violent reaction to protestors is likely to affect oil exports, tourism and domestic spending. * Yemen continues to look unstable. While it will benefit from the start-up of liquefied natural gas (LNG) exports, as long as the president’s post looks precarious, the rest of the economy will suffer. Surprisingly, Egypt and Tunisia are not thought to be faring as badly as one might think. The reason for this is owing mainly to the relatively peaceful nature of the revolutions and the lack of damage to the country’s infrastructure and state institutions. While both countries have suffered from a downfall in tourism and restrictions on foreign exchange transfers, the EIU is confident about continued growth in 2012. * The big winners have been Saudi Arabia, United Arab Emirates, Kuwait and Iraq, who have all benefited from higher oil prices.

Thank's for Your Vote!
How the arab spring is affecting economies. Page 1
How the arab spring is affecting economies. Page 2

This work, titled "How the arab spring is affecting economies" was written and willingly shared by a fellow student. This sample can be utilized as a research and reference resource to aid in the writing of your own work. Any use of the work that does not include an appropriate citation is banned.

If you are the owner of this work and don’t want it to be published on AssignBuster, request its removal.

Request Removal
Cite this Essay

References

AssignBuster. (2022) 'How the arab spring is affecting economies'. 14 January.

Reference

AssignBuster. (2022, January 14). How the arab spring is affecting economies. Retrieved from https://assignbuster.com/how-the-arab-spring-is-affecting-economies/

References

AssignBuster. 2022. "How the arab spring is affecting economies." January 14, 2022. https://assignbuster.com/how-the-arab-spring-is-affecting-economies/.

1. AssignBuster. "How the arab spring is affecting economies." January 14, 2022. https://assignbuster.com/how-the-arab-spring-is-affecting-economies/.


Bibliography


AssignBuster. "How the arab spring is affecting economies." January 14, 2022. https://assignbuster.com/how-the-arab-spring-is-affecting-economies/.

Work Cited

"How the arab spring is affecting economies." AssignBuster, 14 Jan. 2022, assignbuster.com/how-the-arab-spring-is-affecting-economies/.

Get in Touch

Please, let us know if you have any ideas on improving How the arab spring is affecting economies, or our service. We will be happy to hear what you think: [email protected]