Friday, October 14, 2011

Cost Of The Arab Spring


Demonstrations in Tahrir Square, Egypt

Report: Arab Spring Upheaval Cost $55bn -- BBC News

The popular protests this year in North Africa and the Middle East - known as the Arab Spring - have cost the region more than $50bn, a new report says.

The report, by consultancy group Geopolicity, says Egypt, Syria and Libya paid the highest financial price.

It warns that without a regional support programme, the effects of the Arab Spring could be regressive.

But oil-producing nations that have avoided or suppressed rebellions have benefited most, it says.

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