Group items tagged

The Council on Foreign Relations published an article about democratization in the middle east and the major obstacles that are present in the process. While most assume Islamists and Islamic embedded institutions are the root of the delayed democratic transition, the problems are much bigger than that. While Islamist regimes do indeed stunt the growth of democratic progress in terms of creating a stable government, Arab countries struggle with economic and social factors as well. The Arab Spring Revolutions have caused economic and social degradation across the region, resulting in a road block of political leadership. Without a reliable and capable government structure, the states are unable to progress economically. However, in order to have a stable government, social and economic institutions must be in place to create this capitalist economy that they strive for. Because most wealth resides in oil, the revenue that the states bring in isn't distributed properly throughout society and is concentrated within few business elites. The article stresses that instead of foreign aid going into the hands of an unstable leader or regime, it should be invested in institutions in order to spur economic growth and eliminate corruption. Rather than focusing on the Islamist-secularist divide, the world should be working towards the strengthening of institutions to create a stable foundation for governance. 

From Dec. 3, 2011, as the Tunisian revolution is unfolding. I notice the comparative growth numbers: Libya is exploding at more than 10 percent annual growth (twice the rate of the US), while the band of central African nations see economic growth rates that are no doubt smaller than their population growth rates.

Prime Minister Habib Essid of Tunisian promised to stimulate growth. Tunisians are worried about other issues; public spending, including cutting subsidies on basic foods and fuel. Jobs, high living costs, and economic opportunities. The government sees economic growth increasing to 3 percent in 2015 from an estimated 2.5 percent in 2014.

Tunisia kicked off investor meetings for a Eurobond without US guarantees. Tunisia's stock market has already shown political stability. Tunis index rose more than 16 percent in 2014 and trades 10 percent below record highs hit before the Arab Spring. Tunisia has potential to reform but it is in need of foreign direct investment to drive economic growth and job creation. Tunisia signed a two year deal with the international Monetary Fund in 2013, agreeing to follow certain economic policies; keeping its deficit under control, making the foreign exchange market more flexible and structural reforms.

Fours years after the Arab Spring, Tunisia is arguably the region's strongest democratic success story. Economic growth is still slow to develop, recognizing this lag, Tunisia has announced it will launch an emergency economic plan. Tunisia is moving in the right direction but for a long-term guide they should look to their neighboring democracy, Turkey. There is two lessons Tunisia should take away from Turkey: integration into the global economy and inclusion of the rich and poor.

Tunisia cut its economic growth forecast for this year to 3.5 percent, down from a previous forecast of 4.5 percent due to declines in foreign investment and tourism. Tunisia's government said in December the economy would grow 4.5 percent in 2012, but ongoing strikes have put off foreign investment, forcing it to cut its forecast. In 2011 the leaving of Zine Al-Abidine Ben Ali sparked the "Arab Spring". This caused revolts, which shrank the economy to 1.8 percent in 2011. The supplementary budget also increased in spending of 1 billion dinars.

In 2012 there were signs of rebound from the recession in 2011. The GDP increased by 4.8 percent, tourism and FDI started picking up in the first quarter. Exporting for Tunisia would not be as strong because of the recession in Europe. Achieving higher growth will reduce high unemployment. Directors saw a need to support economic activity while safeguarding macroeconomic stability. Directors considered that structural reforms are needed to reorient the Tunisian economy and harness its potential for higher and more inclusive growth.

The Tunisian Prime Minister has promised a lot of economic growth and progress for the country.

General Al-Sisi, who took over Egypt after a coup against the Muslim Brotherhood is set to address the UN General Assembly on September 25th. His first 100 days in office has seen economic growth and increasing political stability. His government has increased fuel prices to curb the deficit and set out on a project to double the capacity of the Suez canal. With rising turmoil in the Middle East, Egypt has made its return as a moderating force. However the general's reliance on heavy-handed police forces to quell uprising and the continued holding of political prisoners continues to draw ire. To counter this he has released high profile prisoners and may revisit the anti-protest law.

Rex T. Tillerson, chief of Exxon Mobil predicts that due to slow global economic growth and higher than normal oil production, oil prices will remain low for the next two years.

In 2011 Tunisia experienced two quarters of decline in GDP. The size of the Tunisian economy decreased. Before 2011 the average growth of the Tunisian economy was between 4% to 5% per year. Immediate initiatives need to take place. An example of one would be banning strikes until the end of 2011, that would help reassure companies that are the main source of wealth and jobs creation.

Saudi Arabia's state-owned oil company, Saudi Aramco, aims to increase supplies to China. It sees big opportunities in Beijing's efforts to restructure the country's economic growth model and believes supplies could double at some point.

The Tunisian revolution is still ongoing, as unemployment rate hit 15% and stark wealth disparities countrywide. The country has taken a critical hit to its tourism revenues and foreign investment with recent terror attacks. The government is promising to boost economic growth in some areas.

The issues surrounding the brotherhood and the fear surrounding the idea that all of Egypt would be expected to become part of the brotherhood are discussed on this page. The original foundation of the brotherhood was based on the idea of "liberating them from foreign imperialism" as well as forming "unification" as a nation. Issues presented with the brotherhood include: a "poor economic stability or growth, increased crime, and assaults on women."

The Muslim Brotherhood is the oldest and largest opposition group group in Egypt. It's members control many of the country's professional organizations.

This article gives background information regarding who and what the Muslim Brotherhood is. It provides historical significance of the group as well as give suggestions as to why there is interest in learning about the group and their ideals.

This article describes the position and demands of the Socialist Popular Alliance Party of Egypt. The relationship of the youth protesters with the Egyptian Left was solidified when the Left provided the youth with the political power to make their revolution successful. The Socialist Popular Alliance demands a new constitution and a new government structure that is based on democracy, human rights, and freedoms. Their political position and ideal social structure are very similar to typical American ideals, especially those of the American left political parties. However, the Public Alliance seems very angered over Mubarak's previous friendly relations with Israel. This population feels as though they were forced to abandon the Arab people and support Israel instead of Palestine. This is interesting because Egypt's relations with Israel has garnered tremendous political and economic support from the United States. Having an Arab ally has been an advantageous point of negotiation for Israel and the US. With the Popular Alliance in severe opposition to this position of Israeli sympathy, it is a surprise that they seem to embrace "Americanized" ideas. In addition, it is worth noting that the youth finds a great identity with the Arab culture, although not so much with a specific religion.

A study found that 99.3% of women were subjected to sexual harassment in Egypt. Forced marriages and human trafficking were also stated to highly affect the women.

Egypt is said to be one of the worst places for women. Women experience everyday harassment including sexual harassment.

Egypt is now the worst country for women's rights in the Arab world, according to a poll of experts on gender issues in 22 Arab states.

This article suggests that OPEC is losing control of global oil prices. The article addresses budget considerations for smaller OPEC producers, like Venezuela, and the battle over market share between OPEC and gulf producers.