Oil and democracy

Name: Oil and democracy
Brand: Vita e Pensiero
Price: 6.00 EUR
Availability: OnlineOnly

digital

Article

Magazine

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI

Issue

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2014 - 3

Title

Oil and democracy

Author

Anna Cesari

Publisher

Vita e Pensiero

Format

Article |

Pdf

Pages

Online from

01-2015

Issn

0035-676X (print) | 1827-7918 (digital)

€ 6.00

Ebook format Pdf readable on these devices:

Computer
with Software:
- Adobe PDF Reader
Android
iPhone/Ipad
with App:
- Adobe PDF Reader
E-Book Reader
Ibs Tolino
Kobo

Description

According to a wide literature, oil has a negative effect on the level of democracy because of induced economic and political distortions. At the same time, however, oil fosters economic development and people’s general life conditions. Using 30 years of international data on 34 oil countries, we show that the total effect is negative and significant and provide an estimate of the oil-democracy demultiplier. Moreover, we obtain an indicator of the surplus/deficit of democracy, highly correlated with the revolutions currently unfolding in the Mediterranean.