Post-Arab Spring Institutional Encumbrance and Economic Development: A Preliminary Analysis

Abstract

Since the beginning of “Arab spring”1, scholars have been attempting to distinguish the underlying determinants of such historical events in the modern development of the Arab world. This research however aims to examine the role of institutions in the resource rich region of the world, and the impact of encumbrance of such institution on the evolution of events that led to the social unrest and the aftermath of the so called Arab Spring. The purpose of this research to examine the impact of the phenomenon in respect of macroeconomic management of the economy especially in poverty reduction, reducing the rate of unemployment, the growth of per capita income, reduction of income inequality, capital formation and growth. The findings of this research showed there are inconclusive evidences that the Arab Springs have not bring about the required results by the people. Although the time period before and after the Arab Spring is quite short but it is an indication with regard to the success and failure of the role of the public institutions.