Thursday, September 19, 2013

The Violent Overthrow of Extractive Institutions

     The extractive political institutions most prevalent in the Middle East have faced significant opposition since the inciting of the "Arab Spring" by a Tunisian fruit vendor's public self-immolation.
     Acemoglu and Robinson's idea of persistence in these dictatorial and "presidential" regimes, namely in Tunisia, Egypt, and Libya, has come to a critical juncture as the largely violent overturning of these regimes has and continues to occur today.


This widespread upheaval is a necessary step in the adoption of inclusive political institutions, but Ahmed Salah, a former stock analyst turned revolutionary from Cairo, reminds us: "We started the revolution, but we're still completing it."

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