Does Oil Income Impede Democratization in Muslim-Majority Countries?

International Journal of Social Sciences and Humanity Studies, Vol. 4, No. 2, pp. 397-406, December 2012

10 Pages Posted: 25 Dec 2012 Last revised: 26 Dec 2012

See all articles by Osman Nuri Aras

Osman Nuri Aras

International Trade

Elchin Suleymanov

Baku Engineering University - Department of Finance

Ayaz Zeynalov

CERGE-EI, Charles University in Prague

Date Written: December 25, 2012

Abstract

Several recent studies point to the conclusions that there exists a strong relationship between democracy and the level of income. However, if income is coming from countries’ oil wealth, there is an exception to this claim; the positive effect of income in democracy is not observed. This paper argues that because of the oil income, Muslim – majority countries have not recorded significant democratization in their governments. Indeed, this paper shows the main mechanisms how oil income tends to lower the level of economic development in Muslim – majority countries, which prosperity positively relates to the level of democratization in these countries. The lack of democratization on these countries is explained by the low level of development due to 'natural resource curse'.

Keywords: oil income, Muslim–majority countries, democratization

JEL Classification: Q40, Q43, Q49

Suggested Citation

Aras, Osman Nuri and Suleymanov, Elchin and Zeynalov, Ayaz, Does Oil Income Impede Democratization in Muslim-Majority Countries? (December 25, 2012). International Journal of Social Sciences and Humanity Studies, Vol. 4, No. 2, pp. 397-406, December 2012. Available at SSRN: https://ssrn.com/abstract=2193686

Osman Nuri Aras

International Trade ( email )

Istanbul
Turkey

Elchin Suleymanov

Baku Engineering University - Department of Finance ( email )

Baku Sumgait Road 16th km. Hasan Aliyev Str. 120
Baku, AZ0101
Azerbaijan

HOME PAGE: http://beu.edu.az/en/staff_directory/staff/elsuleymanov

Ayaz Zeynalov (Contact Author)

CERGE-EI, Charles University in Prague ( email )

Politichych veznu 7
Prague, 111 21
Czech Republic

HOME PAGE: http://www.cerge-ei.cz

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