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Arab Spring Protests Underscore Urgent Need for Economic Reforms
Posted By James Phillips On October 24, 2012 @ 4:43 pm In Enterprise and Free Markets | No Comments
In Monday’s foreign policy debate, Governor Mitt Romney briefly mentioned the importance of economic reform in addressing some of the problems associated with the eruption of the “Arab Spring” uprisings.
The Heritage Foundation’s 2012 Index of Economic Freedom  confirmed that the lack of economic freedom was a major factor that sparked the popular uprisings.
It is no coincidence that Tunisia  and Egypt , the first two countries to experience the Arab Spring, were hampered by socialist legacies that created corrosive corruption and dysfunctional bureaucracies that were perceived to oppress rather than serve citizens. The state-dominated economic systems adopted by Tunis, Cairo, and many other Arab governments in the 1950s created structural and institutional problems that undermined economic growth and job creation.
As a result, the regional unemployment rate of the Middle East and North Africa averages more than 10 percent, one of the highest in the world. Unemployment rates are even higher for young Arabs, who formed the vanguard of the protests.
The catalyst for the Arab Spring, a young Tunisian food vendor named Mohammed Bouazizi, set himself on fire in December 17, 2010, after police confiscated his fruit and vegetable cart and humiliated him, apparently after he refused to give them a bribe. Many young Tunisians identified with his plight and were inspired to join popular protests that ousted the corrupt authoritarian regime of President Zine El Abidine Ben Ali, who fled in January 2011.
Many of the countries destabilized by the Arab Spring need not only political reforms and the establishment of more responsive governments, but also major economic reforms.
Article printed from The Foundry: Conservative Policy News Blog from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2012/10/24/arab-spring-protests-underscore-urgent-need-for-economic-reforms/
URLs in this post:
 Index of Economic Freedom: http://www.heritage.org/index/book/chapter-4
 Tunisia: http://www.heritage.org/index/country/tunisia
 Egypt: http://www.heritage.org/index/country/egypt
 Libya: http://www.heritage.org/index/country/libya
 Syria: http://www.heritage.org/index/country/syria
 Yemen: http://www.heritage.org/index/country/yemen
 America’s Global Agenda for Economic Freedom: http://www.heritage.org/research/reports/2012/02/americas-global-agenda-for-economic-freedom
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