Most studies of the Arab Spring in the 2010s focus only on its political drivers and failures, and none provides a framework for an economically sustainable way forward.
By drawing lessons from the economic causes of the Spring, Reviving Arab Reform offers a unique consideration of the links between governance and economic growth in the region and offers tangible hope for the future. Islam Abdelbary evaluates the reform programmes set up in the 1990s in the MENA region, and through a wide variety of analytical methods including panel data analysis, he identifies the failures and successes of previous Arab reforms. He then outlines the challenges and opportunities for development in the region and provides a framework for more comprehensive and integrated development in the Arab world. Ultimately, Abdelbary argues that the new Arab reform agenda must address previous debilitating governance issues, as better institutional structures will reduce uncertainty and encourage efficiency, thereby contributing to sustained and inclusive growth.
For its unique mix of scholarly rigor and practical ways forward, Reviving Arab Reform is a must-read not only for researchers and students interested in institutional economic theory, development studies, and the Middle East, but also for development practitioners in the MENA region and in international organizations based further afield.