Monday, February 28, 2011

ANALYSIS-After the crisis, a worldwide rise in unrest? | News by Country | Reuters

ANALYSIS-After the crisis, a worldwide rise in unrest? | News by Country | Reuters: "* In authoritarian states, protesters want more freedom

* Financial adjustments bring anger in Western economies

* Vicious cycle of inflation and unrest

By Peter Apps, Political Risk Correspondent

LONDON, Feb 28 (Reuters) - With the Middle East in turmoil, other authoritarian states jumpy and post-crisis economic pain prompting protest in western Europe and elsewhere, some suspect a systemic rise in worldwide unrest might just be beginning.

Instability in the already volatile oil-producing Middle East could produce a feedback loop where unrest pushes up energy prices, fuelling inflation and deepening discontent both in the region and around the world.

In most countries, the so-called 'misery index' -- an aggregation of unemployment and inflation long seen as a warning of protest and instability -- is pushing higher."

No comments:

Post a Comment