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Journal ArticleDOI

Understanding revolution in the middle east: the central role of the middle class

Ishac Diwan
- 02 Apr 2013 - 
- Vol. 5, Iss: 1, pp 1350004-1-1350004-30
TLDR
In this article, the authors present the outlines of a coherent, structural, long term account of the socioeconomic and political evolution of the Arab republics that can explain both the persistence of autocracy until 2011, and the eventual collapse, in a way that is empirically verifiable.
Abstract
The paper presents the outlines of a coherent, structural, long term account of the socio-economic and political evolution of the Arab republics that can explain both the persistence of autocracy until 2011, and the its eventual collapse, in a way that is empirically verifiable. I argue that the changing interests of the middle class would have to be a central aspect of a coherent story, on accounts of both distributional and modernization considerations, and that the ongoing transformation can be best understood in terms of their defection from the autocratic order to a new democratic order, which is still in formation. I then review what the evidence says in two central parts of the emerging narrative, for the case of Egypt: first, by looking directly at changes in opinion and asking whether these are consistent with the predictions of the theory. And second, by examining the corporate sector before and during the uprisings of 2011 in order to understand better the performance of “crony capitalism”, and...

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Citations
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Journal ArticleDOI

Capitalism and Class in the Gulf Arab States

TL;DR: Hanieh, Adam Hanieh as discussed by the authors, Capitalism and Class in the Gulf Arab States (London: Palgrave McMillan, 2011) The revolutions across the Middle East shocked political analysts and academics alike, as their intellect...
Journal ArticleDOI

Egypt on the Brink: From Nasser to Mubarak

TL;DR: In this article, Tarek Osman states an irresolvable dilemma; and interestingly, the refe..., the authors of this paper discuss the problem of finding a solution to it.
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The puzzle of greenhouse gas footprints of oil abundance

TL;DR: In this paper, the authors put forward a three-sector decision model, which provides a common ground for the assessment of the interaction of the structuralist and institutional factors influencing environmental pollution in the oil-reliant economies.
BookDOI

African Economic Outlook 2014

TL;DR: The African Economic Outlook 2014 as discussed by the authors analyzes the continent's growing role in the world economy and predicts two-year macroeconomic prospects, focusing on the performance of African economies in crucial areas: growth, financing, trade policies and regional integration, human development, and governance.
References
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Book

The Logic of Political Survival

TL;DR: In this paper, the authors construct a provocative theory on the selection of leaders and present specific formal models from which their central claims can be deduced, showing how political leaders allocate resources and how institutions for selecting leaders create incentives for leaders to pursue good and bad public policy.
Journal ArticleDOI

Does Oil Hinder Democracy

TL;DR: The authors examined three aspects of this "oil impedes democracy" claim and found that oil exports are strongly associated with authoritarian rule, and that other types of mineral exports have a similar antidemocratic effect, while other commodity exports do not.
Journal ArticleDOI

Estimating the Value of Political Connections

TL;DR: In this article, the authors used the Jakarta Stock Exchange's reaction to news about former President Suharto's health to assess the value of political connections and found that as much as a quarter of a firm's share price may be accounted for by political connections.
Book

Democratic Experiments in Africa: Regime Transitions in Comparative Perspective

TL;DR: In this paper, the authors developed a political-institutional theoretical framework in which the distinctive political traditions of Africa's neopatrimonial states are shown to have powerfully shaped the regime transitions, and demonstrated that economic and international forces often provided the context in which political liberalization occurred, but cannot by themselves explain the observed outcomes.
Journal ArticleDOI

Do Lenders Favor Politically Connected Firms? Rent Provision in an Emerging Financial Market

TL;DR: In this article, the authors examined the extent, nature, and economic costs of political rent provision in government banks and found that political firms borrow twice as much and have 50% higher default rates.