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Making Democracy Safe for Business
Corporate Politics During the Arab Uprisings
With in-depth interviews and surveys, this book explains why the Middle East's democratic reform movements failed to stop crony capitalism.
Robert Kubinec (Author)
9781009273527, Cambridge University Press
Hardback, published 6 July 2023
214 pages
22.9 x 15.2 x 1.3 cm, 0.463 kg
'The Arab Spring revealed the crony capitalist networks that had gained prominence in the era of liberalization. This book enriches our understanding by offering a powerful narrative on how business and politics evolved after the Arab Spring. Focusing on Egypt and Tunisia and highlighting the important role of the military in the economy, Kubinec's analysis offers us a novel theory, rich and rigorous empirical evidence, and a convincing story. This is a rare feat to achieve in political economy scholarship on the Middle East. This book is a must-read for all those interested in political economy, in general, and the Middle East in particular.' Adeel Malik, Associate Professor in Economies of Muslim Societies, University of Oxford
Businesses in the Middle East and North Africa have failed to bring sustainable development despite decades of investment from the private and public sectors. Yet we still know little about why the Arab Uprisings failed to usher in more transparent government that could break this enduring cycle of corruption and mismanagement. Examining posttransition politics in Egypt and Tunisia, Kubinec employs interviews and quantitative surveys to map out the corrupting influence of businesses on politics. He argues that businesses must respond to changes in how perks and privileges are distributed after political transitions, either by forming political coalitions or creating new informal connections to emerging politicians. Employing detailed case studies and original experiments, Making Democracy Safe for Business advances our empirical understanding of the study of the durability of corruption in general and the dismal results of the Arab Uprisings in particular.
Introduction
1. How firms respond to regime change
2. Case study: The Egyptian military as the gatekeeper
3. Case study: Broad-rent seeking and the collapse of Tunisia's anti- democratic coalition
4. Experiments on businesses and political connections.
Subject Areas: Political structures: democracy [JPHV], Political structure & processes [JPH], Politics & government [JP], Society & social sciences [J]
