1. Overcoming Barriers to Poverty Alleviation in the Arab Region
- Author:
- Khalid Abu-Ismail and Vladimir Hlasny
- Publication Date:
- 03-2022
- Content Type:
- Journal Article
- Journal:
- Brown Journal of World Affairs
- Institution:
- Brown Journal of World Affairs
- Abstract:
- Many Arab countries have been living beyond their means. Following years of high spending without developing a solid revenue base or adequate emergency reserves, public debt levels have skyrocketed, and governments’ balance sheets have struggled to cope with waves of crises and their required responses. Private debt levels have also grown amid chronic economic stagnation, worsening cur- rent account deficits, and absent effective public assistance during recent crises.
- Topic:
- Poverty, Inequality, Economy, Protection, and Income
- Political Geography:
- Middle East, Arab Countries, and North Africa