Prof. Dr. Mohamed Rabie (r) and Prof. Dr. Günter Meyer (2nd from r), Director/ Centre for Research on the Arab World

Middle East Expert Discusses Impact of Recession on Arab World
June 29, 2009. Prof. Mohamed Rabie, Ph.D., a Palestinian-American author and professor of international political economy, led a lively, intimate discussion about the impact of the current economic crisis on the Arab world.  Hosted by the Johannes Gutenberg University of Mainz’s Center for Resarch on the Arab World, Prof. Rabie explained that the recession has affected Arab countries differently, but on average less than the rest of the world, as their financial sectors were much less prominent than those of countries like the U.S. or Great Britain. Oil-exporting Arab countries, he said, were less affected than others which rely heavily on tourism and remittances from citizens working abroad.