Published on Roubini’s global economics, by Rachel Ziemba and Maya Rusinowicz, Feb 11, 2011.
Ripples from the crises in Tunisia and Egypt have been making their way across the MENA region, and governments have used various tactics to placate their populace. Some have lowered prices and increased subsidies, others made pledges for political reform or responded with a security crackdown. In many cases, especially for fuel importers, any costly giveaways via subsidies or social transfers may further strain already weak fiscal accounts.
The following table shows selected government’s responses to the continuing unrest in the region: … (full text).