Acemoglus’s framework is focused on the way the economy of a country affects its political setup. The structure gives a chance for the likelihood of the elites in a particular country to control the economy and political setup or to work on how to make other citizens benefit. A state that has inclusive economic institution is likely to grow economically because masses are encouraged and motivated to work together and make economic resources.
Tunisia can be characterized to have extractive political institutions since due to the constant uprisings that have taken part in the recent days. In Tunisia, there are many repressions, social justice among the poor is not enforced, and there are no clear channels to help gain a peaceful change (Nyang). The listed factors show that only the rich enjoy the vast economic benefits in the country while the poor are left to suffer.
The country being extractive causes a significant challenge to its growth prospects because the resources are diverted to the wealthy, while those with small business ventures lack enough capital to gain maturity. In future, there will develop two diverse classes of people increasing conflicts and revolts among themselves and will derail the economy backwards.
In the last decade, economic growth of Tunisia has been focused towards the elite ones with resources while the poor people continue to be poorer (Tsourapas). Economic growth for the nation in the last decade has been hindered by the political instability since many investors fear to venture into the country while the primary sources of income such as oil, tourism, and agriculture have been enjoyed by the elites leaving other citizens in poverty. For the economy of a country to grow, there is the need to create an economic balance between the rich and poor so that they all take part in economic and political developments.
Work Cited
Nyang, S. "Economic And Political Change In Tunisia". Mediterranean Quarterly 11.1 (2000): 136-140. Web.
Tsourapas, Gerasimos. "The Other Side Of A Neoliberal Miracle: Economic Reform And Political De-Liberalization In Ben Ali's Tunisia". Mediterranean Politics 18.1 (2013): 23-41. Web.
