Monday, 11 July 2011

No Arab Spring Dividend? - Zawya

The Arab World's tryst with democracy and freedom is unlikely to bear economic fruits, according to a study. Instead, we could well see a gridlock political environment and economic growth that continues to lag global averages.

The Economist Intelligence Unit (EIU) insightful study on how the Arab Spring initiative is likely to play out, suggests a 60% probability of a gridlocked political environment that is unlikely to result in realizing the aspirations of the region's citizens.

The grim scenario suggests that the region will muddle along, making some progress in some segments of society and countries, but for the most part, the region will remain locked in conflict and struggle between the forces of Arab Spring and those vehemently opposed to it.

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