Monday 26 September 2011

Economic reality hits Arab hopes - FT.com

When young Arabs marched this year chanting “the people want the fall of the regime”, the slogan that has come to define the Arab spring, they demonstrated an extraordinary resolve to destroy the autocratic order in the Middle East.


Ridding the region of dictators would restore dignity, end the corruption of elites and pave the way for a happier, more prosperous future, they thought.


As old regimes are swept aside, the people are enjoying their new found freedom. But they are also finding, unsurprisingly, that the gap between their expectations and the economic reality is widening.


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