‘Arab Spring’ cost Middle East economies $600bn
The so-called Arab Spring of 2011 has cost the region's economies an estimated $614bn of growth because of governmental changes, continuing conflict and falling oil prices, according to a United Nations agency. The figure from the UN Economic and Social Commission for Western Asia (ESCWA), equivalent to 6 percent of GDP up to the end of last year, is based on growth projections made before the revolutions started. Published on […]
