суббота
What Did The Arab Spring Cost? One Estimate Says $800 Billion
The Arab Spring unleashed massive, region-wide political turmoil, unseated longtime strongmen and it's still playing out. But what did it all cost?
A lot, according to a new report from the bank HSBC:
"Nearly three years on, the economic and human cost of the Arab Spring continues to mount. In the postrevolution states, the impact is obvious: we estimate the value of lost output will top USD800bn by the end of next year. In the [Gulf Cooperation Council], it is more indirect – increased dependence on energy revenues, rising breakeven oil prices, and a stalled reform programme. For both groups, it will be hard to reverse."