Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Economy

Study Reveals Tunisia’s Democratic Stability Threatened by Struggling Economy

by
September 30, 2024
in Economy, Investing
0
Study Reveals Tunisia’s Democratic Stability Threatened by Struggling Economy
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Tunis/Los Angeles – A new study warns that Tunisia’s political landscape is facing a dangerous shift that could lead to a return to authoritarianism. The country, once hailed as a success story of the Arab Spring’s democratic movements, is now at risk of undoing the progress made since the 2011 Jasmine Revolution.

As the country prepares for the October 2024 elections, experts are warning that President Kaïs Saïed may tighten his grip on power, jeopardizing the hard-won gains of the revolution. The findings come from a report by the Berggruen Governance Index (BGI), which analyzes the events leading up to this moment and predicts what may happen next.

The Jasmine Revolution, sparked by widespread protests against the autocratic rule of Zine El Abidine Ben Ali in late 2010, ignited the Arab Spring throughout North Africa and the Middle East. While other countries in the region saw civil war or counter-revolution, Tunisia emerged as a beacon of hope.

The first few years after the revolution saw a wave of political reforms, earning Tunisia high scores on the BGI Democratic Accountability Index. However, the country’s economic challenges persisted, hindering its democratic aspirations. Despite making progress in terms of democracy, Tunisia’s provision of public goods such as education, health, and infrastructure remained inadequate. This, combined with stagnating economic growth, rising unemployment and poverty, and an increase in emigration, laid the foundation for a brewing crisis.

The Berggruen Governance Index report paints a clear picture of this dynamic. While Tunisia’s democratic accountability score saw significant improvement after 2011, its fiscal capacity declined to concerning levels by 2021. The failure to deliver economic prosperity to its citizens eroded faith in the democratic institutions, leading to disillusionment and dissatisfaction.

Researchers from the Luskin School of Public Affairs at the University of California Los Angeles (UCLA), the Los Angeles-based Berggruen Institute, and the Hertie School, a university in Berlin, Germany, conducted the report. They found that the economic stagnation was caused by both internal and external factors. Internally, Tunisia’s governance struggled to stabilize the post-revolution economy, while externally, a decline in foreign direct investment (FDI) further exacerbated the situation. FDI, which had reached nearly 9.5% of GDP under Ben Ali, plummeted after the revolution, contributing to Tunisia’s deteriorating economy.

In 2019, law professor Kaïs Saïed, who rose to prominence on a populist wave, won the presidential election. His victory marked a shift in Tunisia’s political trajectory, as he began eroding the democratic foundations that had propelled him to power. In 2021, he suspended the parliament in what many deemed an “auto-coup.” A year later, a constitutional referendum expanded his powers at the expense of the legislative branch, sparking fears of a return to authoritarianism. Human rights organizations have raised concerns about the increasing use of repression by Saïed’s government, including the imprisonment of opposition leaders and violent crackdowns on migrants. Tunisia’s once-praised democracy is now on the brink.

As the country prepares for the 2024 elections, analysts predict that it will serve merely as a formality to legitimize Saïed’s continued grip on power. Human Rights Watch reports that opposition groups face severe restrictions, with one candidate even running his campaign from prison. As political repression grows, Tunisia’s economic crisis deepens. The government’s rejection of a 2 billion US-Dollar loan from the International Monetary Fund in 2023, criticized by Saïed as a “dictate,” has further isolated the country from crucial international financial support. As citizens struggle with rising unemployment, inflation, and food insecurity, the prospects for a democratic recovery seem bleak.

The situation in Tunisia serves as a stark reminder of the relationship between democracy and economic development. According to the Berggruen Governance Index, countries with stronger democracies often enjoy higher standards of living. However, in Tunisia’s case, democracy has failed to deliver the expected economic benefits. This is partly due to the challenges faced by developing democracies, where public pressure for immediate consumption can hinder long-term investments needed for sustainable growth. Additionally, economic uncertainty in Tunisia has deterred foreign investors.

The precarious state of Tunisia’s economy has had direct consequences for its citizens. Vulnerable employment is on the rise, and the number of undernourished individuals has reached levels not seen since the revolution. The economic crisis has fueled social discontent, and with no clear solutions in sight, the country risks further instability.

The situation in Tunisia highlights a broader challenge facing emerging democracies worldwide: the need to deliver both political reform and economic progress. The researchers behind the report, published by the Democracy News Alliance, write that governments must address these issues simultaneously. When governments fail to improve living standards, citizens may grow disillusioned with democracy, creating an opening for authoritarian leaders to consolidate

ShareTweetPin

Related Posts

Operational Update
Investing

Operational Update

June 4, 2025
Triumph Gold Announces the Acquisition of the Coyote Knoll Silver-Gold Mineral Property – Located in Central Utah
Investing

Triumph Gold Announces the Acquisition of the Coyote Knoll Silver-Gold Mineral Property – Located in Central Utah

June 4, 2025
Trump’s Fed Criticism Sparks Investor Concerns
Economy

Trump’s Fed Criticism Sparks Investor Concerns

June 4, 2025
Oil Prices Rebound After Trump’s Criticism of Powell
Economy

Oil Prices Rebound After Trump’s Criticism of Powell

June 4, 2025
5 Biggest Blockchain ETFs in 2025
Investing

5 Biggest Blockchain ETFs in 2025

June 4, 2025
Operational Update
Investing

Operational Update

June 4, 2025
Next Post
“Take a Stand Against Bullying: Join the Movement to Prevent Suicides and Petition the Government”

“Take a Stand Against Bullying: Join the Movement to Prevent Suicides and Petition the Government”

Recommended

Bangko Sentral says gold sales triggered by favorable prices

Bangko Sentral says gold sales triggered by favorable prices

September 25, 2024
Rayner clashes with business secretary over reforms to workers’ rights

Rayner clashes with business secretary over reforms to workers’ rights

September 16, 2024
Ex-Tory MP defects to Reform UK as poll predicts 120-seat breakthrough

Ex-Tory MP defects to Reform UK as poll predicts 120-seat breakthrough

January 4, 2025
InstaPay, PESONet transactions jump by 34.6%

InstaPay, PESONet transactions jump by 34.6%

August 22, 2024
Rocco Forte plans five new hotels as Saudis invest £1.4bn in luxury chain

Rocco Forte plans five new hotels as Saudis invest £1.4bn in luxury chain

August 28, 2024
Where the Market Goes Next: Key Resistance Levels + Top Bullish Stocks to Watch Now

Where the Market Goes Next: Key Resistance Levels + Top Bullish Stocks to Watch Now

May 11, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2025 investdailypro.com | All Rights Reserved