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The OPEC/MENA/Arab nexus and the missing democratic transition

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  • Paldam, Martin

Abstract

The democratic transition is a strong relation in the data, as analyzed elsewhere. This paper deals with the only large exception: The 26 countries in the OPEC/MENA/Arab nexus have no democratic transition. The explanation is complex as it requires (at least) two intertwined theories: The oil theory (for OPEC) and the institutional genes theory (for MENA). More than half of the OPEC and MENA groups overlap, and in addition all but two of the MENA countries are Arab, with similar language, religion, history, and culture, giving spatial effects. The paper is an attempt to untangle and test the theories, and demonstrate that both theories are needed, hence the overlapping countries that are both OPEC and MENA are especially far from democracy.

Suggested Citation

  • Paldam, Martin, 2025. "The OPEC/MENA/Arab nexus and the missing democratic transition," European Journal of Political Economy, Elsevier, vol. 90(PB).
  • Handle: RePEc:eee:poleco:v:90:y:2025:i:pb:s0176268025000916
    DOI: 10.1016/j.ejpoleco.2025.102731
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    Keywords

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    JEL classification:

    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion

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