Issues in Business Management and Economics
Vol.3 (9), pp. 114-119, October 2015
Available online at https://www.journalissues.org/IBME/
Article ID /BM/15/062/06 pages
Author(s) retain the copyright of this article. Author(s) agree that this article remain permanently open access under the terms of the Creative Commons Attribution License 4.0 International License.
Original Research Article
Path dependence and democracy: Case of Arab spring Countries
Hayet Ben Said
Economic Department, High School of Economic and Commercial Sciences, Tunis, Tunisia
After the revolutions of 2011, Tunisia and countries of the Arab Spring (Egypt, Libya) had been governed by Islamic parties that came to power. However, these governments were not stable because of the political, economic and social revendications of their societies. We propose to show that democracy is not the appropriate mode of governance for these countries, in particular Tunisia. Indeed, the institutions that the Islamic government wants to build belong to the “Islamic” path dependence which is not in favor of the alternation of power and which explains the instability of these governments. To this end, we show through an analytical approach which is based on game theory that institutions that belong to this path dependence do not allow a cooperative coordination among the key political actors who cannot reach a higher equilibrium.
Key words: Institution, path dependence, democracy, game theory, non cooperative coordination, superior equilibrium, lower equilibrium.