Middle East Real Time - WSJ

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  • Une grande banque anglaise a chiffré le coût du printemps arabe. Verdict : une mauvaise affaire...

    Middle East Real Time - WSJ
    http://blogs.wsj.com/middleeast/?mod=middleeast

    counted, the economic ones haven’t yet been explored quite as deeply. HSBC’s economists took a stab at it this week, estimating affected countries will have lost $800 billion of economic output by the end of next year.

    The premise is that GDP in Egypt, Tunisia, Libya, Syria, Jordan, Lebanon and Bahrain – all of which have in some way felt the effects of revolution and unrest sweeping the region over the past two years – will come in 35% lower in 2014 than it would have been had that turmoil not taken hold. Between 2011 and 2014, the HSBC report says, lost output amounts to about $800 billion.

    “In lost life, foregone economic output and weakened political institutions, the costs of the Arab Spring have been extraordinarily heavy and continue to mount,” the report says.