Received: 2021-01-25  |  Accepted: 2021-03-10  |  Published: 2021-06-30

Title

Political stability and economic growth in developing economies: lessons from Morocco, Tunisia and Egypt ten years after the Arab Spring


Abstract

In 2011, the Arab region has seen an unprecedented popular uprising commonly referred to as the "Arab Spring". The objective of this paper is to analyze the economic performance and institutional changes that have taken place in Egypt, Tunisia, and Morocco following the Arab Spring, and understand the interconnect between the socio-political context on the one side, and economic performance and growth on the other side, in a period marked by severe turbulences, especially in Tunisia and Egypt. The analysis covers the economic, institutional, competitiveness, business environment, infrastructural, and human capital aspects in the three countries. It is based on the author's own research and knowledge of the region, the recent emerging literature on the topic, newspaper archives, and the publicly available economic and business data and reports provided by international organizations. Our analysis shows that Tunisia, the country that has ignited the Arab Spring, was the one most hit by its aftermath on the economic, social, and institutional levels. We argue that, although pure authoritarian regimes were historically a failure in the region, "Western" democracy has so far shown several limits when applied into the Arab region context as it led to neither socio-political stability nor economic growth.


Keywords

economic growth, institutions, political stability, Arab Spring, Egypt, Morocco, Tunisia, Political Economy


JEL classifications

E02 , P48


URI

http://jssidoi.org/ird/article/69


DOI


HAL


Pages

229-251


Funding


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Becheikh, Nizar
American University in Cairo, Cairo, Egypt https://www.aucegypt.edu
Articles by this author in: CrossRef |  Google Scholar

Journal title

Insights into Regional Development

Volume

3


Number

2


Issue date

June 2021


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 3281  |  PDF downloads: 1290

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