Series: IMF Working Papers
Author(s): Padamja Khandelwal , and Agustin Roitman
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 13 March 2013
Keywords: political instability, Arab Countries in Transition, Arab Spring, exchange rate, social unrest, current account balance, exchange rate regimes, currency depreciation, Asia including Middle East, Macroeconomic Analyses of Economic Development
Over the past two years, ongoing political transitions in many Arab countries have led to social unrest and an economic downturn. This paper examines comparable historical episodes of political instability to deriv...