Arab Economies in the Twenty-First Century

Amazon.com Price: $28.37 (as of 11/10/2019 13:22 PST- Details)

Description

This book examines the relationship between demographic growth and economic development in eight Arab countries. Regardless of a slowdown in demographic growth, because of the change in the age structure of the population, the labor force is increasing abruptly. In other parts of the world, similar developments have enhanced economic growth. In the Arab world, then again, a few of the opportunities presented by demographic transition are being lost, resulting in serious threats to the political stability of the region. The principle reason for that is that the region has missed out on industrialization. The book goes beyond conventional analysis to ask two closely related questions. The first is, why were governments so slow in tackling stability? The second one is, why has the response been similar in it seems that different economies? Answers are provided the usage of new literature in economics and economic history.

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