Economic Advancement in the Middle East: A Global Priority
Given the severe economic and political challenges facing countries in the Middle East and North Africa (MENA), and their implications for global peace and security, economic development in this region is a matter of urgency. The Arab Spring raised expectations that for many were soon dashed—owing to civil conflicts, poor economic management, and a sluggish external economy. With growth weak, youth unemployment high, and budgets stretched, oil-importing countries need policies that spur growth and create jobs—and the financial support of the international community. The oil-exporting countries need to diversify their economies away from reliance on oil and heavy public spending. But before any meaningful reform can take root, countries in the region need political and social stability.
You'll Walk Away with
- An understanding of how economic and social development in the Middle East have been connected
- The ability to examine the effect of oil on the economies of the region
- Students interested in working in or with Middle Eastern countries
- Those seeking an understanding of likely development in the region