Economies faltered under the strain from "summary" of A Rage for Order by Robert F. Worth
The upheavals that swept through the Arab world in 2011 had far-reaching consequences beyond the political realm. As governments toppled and societies fragmented, economies across the region were thrown into disarray. The initial optimism of the Arab Spring quickly gave way to economic uncertainty and instability. One of the main reasons for the economic downturn was the disruption of trade and commerce caused by the protests and violence that accompanied the uprisings. Businesses shuttered their doors, foreign investors pulled out their capital, and tourism, a significant source of revenue for many countries in the region, plummeted. The resulting loss of income and economic activity had a cascading effect on the overall health of these economies. Furthermore, the political turmoil that followed the initial wave of protests created a climate of uncertainty that deterred investment and hindered economic growth. Governments were preoccupied with maintaining order and consolidating power, leaving little room for the kind of economic...Similar Posts
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