TITLE

The Arabian Spring in three Middle Eastern Countries and the Business Implications Nationally & Internationally

AUTHOR(S)
AL Suwailem, Yasmeen A.; Ofori-Dankwa, Joseph; Mackie, Wayne
PUB. DATE
June 2014
SOURCE
International Journal of Global Business;Jun2014, Vol. 7 Issue 1, p34
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This study aims to describe the political situation in three Middle Eastern countries (Tunisia, Egypt, and Libya) to identity the factors that initiated their uprisings and explore the business implications of the uprising nationally and internationally. The Arab Spring was fuelled by the high unemployment rate, poorness, raising prices of food and gas and the disappearance of the middle class. The political factors that led to the Arab Spring in the three countries include umbrage of dictatorial rulers, which had denied free speech and limited prospects for participation in political and civil life. Other political factors included long-lasting "emergency laws" and out of order or nonexistent justice systems. However, the spark that added to those revolutions one after another is social media. Facebook, Twitter, and YouTube have mobilized millions of people to demand justice and bring down their governments. As a result, tourism rate dropped which one of the big revenue sources for Egypt and Tunisia. In addition, the violence increased and the security situation still remains unstable. Further it impacted many companies and local business negatively due to bad economic conditions.
ACCESSION #
97543398

 

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