01806cas a2200253 a 4500 AALejournalIMF013432 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475569643 1018-5941 BD-DhAAL BD-DhAAL Khandelwal, Padamja. The Economics of Political Transitions : Implications for the Arab Spring / Padamja Khandelwal, Agustin Roitman. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (13 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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 derive implications for the near- and medium-term economic outlook in the Arab countries in transition. In general, past episodes of political instability were characterized by a sharp deterioration in macroeconomic outcomes and a sluggish recovery over the medium term. Recent economic developments in the Arab countries in transition seem to be unfolding along similar lines, although the weak external environment and large fiscal vulnerabilities could result in a prolonged slump. Mode of access: Internet Roitman, Agustin. IMF Working Papers; Working Paper ; No. 2013/069 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/069/001.2013.issue-069-en.xml IMF e-Library