The most recent Arab Youth Survey suggests a growing battle between optimism and pessimism, especially when it comes to the economy. To address their concerns, policymakers must shield households in the Middle East and North Africa from rising prices and provide more support for entrepreneurship.
WASHINGTON, DC – Optimism can be difficult to muster at a time of heightened uncertainty and global turmoil. The 2022 ASDA’A BCW Arab Youth Survey, conducted only a few months after Russia’s full-scale invasion of Ukraine and on the heels of the COVID-19 pandemic, reflected a darkening economic outlook. Rapidly rising commodity prices and supply-chain disruptions were fueling inflation worldwide, and higher food prices were straining low-income households and undermining food security in many parts of the Middle East and North Africa (MENA).
WASHINGTON, DC – Optimism can be difficult to muster at a time of heightened uncertainty and global turmoil. The 2022 ASDA’A BCW Arab Youth Survey, conducted only a few months after Russia’s full-scale invasion of Ukraine and on the heels of the COVID-19 pandemic, reflected a darkening economic outlook. Rapidly rising commodity prices and supply-chain disruptions were fueling inflation worldwide, and higher food prices were straining low-income households and undermining food security in many parts of the Middle East and North Africa (MENA).