Perhaps, but there is something out there called the Dictatorial or Autocratic Advantage. It basically states that a central government that is actively involved in creating wealth for the nation through nationalistic policies does a better job of raising the economic standings of all citizens then do democratic governments. It is common now to attack this idea and you will find dozens of papers that claim that no such advantage exists or that it is vastly over-stated, but none-the-less Nazi Germany and China both gained prosperity over a limited periods of time with a combination of private enterprise and state participation.
In addition there are many countries where the military funds itself through private endeavors (I believe the Philippines is one). That means that they have an understanding of business and profits, something most democratic governments do not ... and failing economics is oft cited as a reason for rebellion.
So I would still argue that, under the right conditions, a properly motivated military may be better able to right a failing economic ship then a fledgling democracy.
Bookmarks