Economic Research | Country Risk Weekly Bulletin | Country Risk Weekly Bulletin 584 | More than half of young Arabs concerned about rise in cost of living | Lebanon | Byblos Bank

You are being redirected to .

 

Please Rotate your screen to portrait, for best viewing.

Byblos Bank

Country Risk Weekly Bulletin 584

|

More than half of young Arabs concerned about rise in cost of living

The ASDA'A Burson-Marsteller 2019 Arab Youth Survey shows that 56% of young Arabs cited a rise in the cost of living as the biggest obstacle facing the Middle East, followed by unemployment (45%), the lack of Arab unity (35%) and slow economic growth (31%). Also, the survey revealed that 65% of young Arabs expressed concerns that their governments are not doing enough to address the current economic situation. Further, the majority of surveyed Arab youth indicated that authorities in their country should be responsible to provide safety (96% of respondents), education (89% of participants) and healthcare services (88% of surveyed youth) to all citizens. In parallel, the survey noted that 78% of Arab youth are concerned about the quality of education in their country, with a share of 84% in the Levant region & Yemen, 81% in North Africa and 70% in the GCC having this concern. It added that 49% of respondents believe that their country's education system does not prepare them for the job market, with a share of 73% of participants in the Levant & Yemen, 53% in North Africa, and 20% in GCC countries sharing this perception. As such, it noted that only 32% of surveyed participants would pursue higher education in their own country, while 53% of youth would like to attend a college or university in western countries. The survey was conducted between January 6 and 29, 2019 on a sample size of 3,300 respondents who are between 18 and 24 years old in 15 Arab countries. 
Source: ASDA'A Burson-Marsteller
 
Cookies Information

To optimize this website's functionality, we may utilize cookies, which are small data files stored on your device. This common practice helps improve your browsing experience.

Privacy settings

Choose which cookies you wish to enable.
You can change these settings at any time. However, this can result in some functions no longer being available. For more information on deleting cookies, please consult your browser help function.
LEARN MORE ABOUT THE COOKIES WE USE.

Use the slider to enable or disable various types of cookies:

Necessary
Functionality
Analytics
Marketing

This website will:

  • Remember your cookie permission setting
  • Allow session cookies
  • Gather information you input into a contact forms, newsletter and other forms across all pages
  • Helps prevent Cross-Site Request Forgery (CSRF) attacks
  • Preserves the visitor's session state across page requests
  • Remember personalization settings
  • Remember selected settings
  • Keep track of your visited pages and interaction taken
  • Keep track about your location and region based on your IP number
  • Keep track on the time spent on each page
  • Increase the data quality of the statistics functions
  • Use information for tailored advertising with third parties
  • Allow you to connect to social sites
  • Identify device you are using
  • Gather personally identifiable information such as name and location

This website won't:

  • Remember your cookie permission setting
  • Allow session cookies
  • Gather information you input into a contact forms, newsletter and other forms across all pages
  • Helps prevent Cross-Site Request Forgery (CSRF) attacks
  • Preserves the visitor's session state across page requests
  • Remember personalization settings
  • Remember selected settings
  • Keep track of your visited pages and interaction taken
  • Keep track about your location and region based on your IP number
  • Keep track on the time spent on each page
  • Increase the data quality of the statistics functions
  • Use information for tailored advertising with third parties
  • Allow you to connect to social sites
  • Identify device you are using
  • Gather personally identifiable information such as name and location


Save And Close