Oil And Economy In The Middle East

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Oil and the political economy in the Middle East

Author : Martin Beck
Publisher : Manchester University Press
ISBN 13 : 1526149087
Total Pages : 204 pages
Book Rating : 4.5/5 (261 download)

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Book Synopsis Oil and the political economy in the Middle East by : Martin Beck

Download or read book Oil and the political economy in the Middle East written by Martin Beck and published by Manchester University Press. This book was released on 2021-08-17 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The downhill slide in the global price of crude oil, which started mid-2014, had major repercussions across the Middle East for net oil exporters, as well as importers closely connected to the oil-producing countries from the Gulf. Following the Arab uprisings of 2010 and 2011, the oil price decline represented a second major shock for the region in the early twenty-first century – one that has continued to impose constraints, but also provided opportunities. Offering the first comprehensive analysis of the Middle Eastern political economy in response to the 2014 oil price decline, this book connects oil market dynamics with an understanding of socio-political changes. Inspired by rentierism, the contributors present original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The studies reveal a large diversity of country-specific policy adjustment strategies: from the migrant workers in the Arab Gulf, who lost out in the post-2014 period but were incapable of repelling burdensome adjustment policies, to Egypt, Jordan, and Lebanon, who have never been able to fulfil the expectation that they could benefit from the 2014 oil price decline. With timely contributions on the COVID-19-induced oil price crash in 2020, this collection signifies that rentierism still prevails with regard to both empirical dynamics in the Middle East and academic discussions on its political economy.

Oil and the Political Economy in the Middle East

Author : Martin Beck
Publisher :
ISBN 13 : 9781526149091
Total Pages : 296 pages
Book Rating : 4.1/5 (49 download)

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Book Synopsis Oil and the Political Economy in the Middle East by : Martin Beck

Download or read book Oil and the Political Economy in the Middle East written by Martin Beck and published by . This book was released on 2021-07-23 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first comprehensive analysis of the Middle East political economy in response to the oil price decline in 2014. Based on a heuristic framework inspired by rentierism, the volume contains original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.

The Economics of Middle Eastern Oil

Author : Charles Philip Issawi
Publisher : New York : Praeger
ISBN 13 :
Total Pages : 256 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Economics of Middle Eastern Oil by : Charles Philip Issawi

Download or read book The Economics of Middle Eastern Oil written by Charles Philip Issawi and published by New York : Praeger. This book was released on 1963 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil States in the New Middle East

Author : Kjetil Selvik
Publisher : Routledge
ISBN 13 : 1317498135
Total Pages : 212 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Oil States in the New Middle East by : Kjetil Selvik

Download or read book Oil States in the New Middle East written by Kjetil Selvik and published by Routledge. This book was released on 2015-07-16 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil has been central to regime survival for oil states across the Arabian Peninsula and has been at the heart of their attempts to defuse the wave of Arab revolutions. However, in 2011 revolution hit Libya, the most oil dependent regime in the Middle East. The political storm winds that have swept this region have thrown into doubt the resilience of Arab rentier states, and highlight how the political effects of oil vary across the oil producing countries. Oil States in the New Middle East brings together leading experts to critically assess the centrality of oil and the relevance of Rentier State Theory in light of the post-2011 upheaval across the Middle East and North Africa. It combines overall reflections on the political dynamics in oil states with focused case investigations of individual countries. Taking as its starting point the centrality of oil in explanations of regime survival, the book analyses how the oil states have responded to and fared throughout the Arab popular upheavals, resulting in a critical assessment of the continued relevance of Rentier State Theory. While observers have asked how the uprisings varied between oil and non-oil states, this book turns the comparative focus inward, arguing for a more fine-grained understanding of the political effects of oil in different oil producing countries. This book would be of interest to students and scholars of Middle East, North Africa and Gulf Studies, Oil and Politics, as well as Comparative Politics and International Political Economy.

The Middle East Oil Decade and Beyond

Author : Gad G. Gilbar
Publisher : Routledge
ISBN 13 : 1135248575
Total Pages : 152 pages
Book Rating : 4.1/5 (352 download)

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Book Synopsis The Middle East Oil Decade and Beyond by : Gad G. Gilbar

Download or read book The Middle East Oil Decade and Beyond written by Gad G. Gilbar and published by Routledge. This book was released on 2013-11-05 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study of fundamental aspects of the oil decade examines the influence of oil production, export and revenues on domestic, regional and international relations. It highlights the expansion of higher education in the Arab world, and the increase in demand for industrial and consumer goods.

The Political and Economic Challenges of Energy in the Middle East and North Africa

Author : David Ramin Jalilvand
Publisher : Routledge
ISBN 13 : 1351783483
Total Pages : 302 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis The Political and Economic Challenges of Energy in the Middle East and North Africa by : David Ramin Jalilvand

Download or read book The Political and Economic Challenges of Energy in the Middle East and North Africa written by David Ramin Jalilvand and published by Routledge. This book was released on 2017-11-22 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Middle East and North Africa (MENA) are in disarray, and shifts in the field of energy have the potential to drastically affect the course of political and economic developments in the region. Declining oil prices, skyrocketing domestic demand, the rise of unconventional oil and natural gas production in North America, as well as shifting patterns of global energy trade all put severe pressures on both producing and importing countries in the MENA region. Policy-makers are facing fundamental challenges in light of the duality of grand transformations in (geo)politics and energy. Changes in the field of energy require substantial political and economic reforms, affecting the very fabric of sociopolitical arrangements. At the same time, the MENA region’s geopolitical volatility makes any such reforms extremely risky. Including contributions by academics and analysts from both inside and outside the MENA region, this volume explores the changes in global and regional energy, the impact of changing international energy dynamics on politics and economies in the MENA region, and the challenges that will result. This is essential reading for researchers, postgraduates, and professionals in Middle Eastern and North African politics, global energy governance and regionalism.

Middle East Oil

Author : George Ward Stocking
Publisher :
ISBN 13 :
Total Pages : 508 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis Middle East Oil by : George Ward Stocking

Download or read book Middle East Oil written by George Ward Stocking and published by . This book was released on 1970 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Qatar (RLE Economy of Middle East)

Author : Ragaei el Mallakh
Publisher : Routledge
ISBN 13 : 1317592352
Total Pages : 187 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Qatar (RLE Economy of Middle East) by : Ragaei el Mallakh

Download or read book Qatar (RLE Economy of Middle East) written by Ragaei el Mallakh and published by Routledge. This book was released on 2015-05-15 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: No region in the world has seen so much development activity in the last ten years as the Gulf area. Since ‘black gold’ catapulted the oil-producing countries into the limelight of the international political and economic scene, there has been a proliferation of studies on the larger exporting states. However, many of the so-called ‘small countries’ have been neglected in this exercise. This book presents the first detailed examination of the bases and extent of economic development in Qatar and considers the need to translate the petroleum-generated growth into viable, self-sustained development. Qatar, though not one of the oil ‘giants’, was first in the field of oil development and exhibits a number of special features not shared by its Gulf neighbours: for example in pre-oil boom days it was already in advance of many other Gulf states in the field of education; it has a modest agriculture sector and there is a comparatively strong attachment to the land; and finally it has played an important role in OPEC as a member of the ‘moderate price’ camp. The individual chapters trace the development of the oil industry, outline public financing and economic policy and sketch the issues involved in industrialisation, absorptive capacity and agricultural development. Examination is made of the social and physical infrastructure as well as money and banking, and the international linkages in trade, foreign aid, economic cooperation efforts and investment opportunities are elucidated. Planners in Qatar know that their revenue base in petroleum is finite, and thus investment of present surplus needs careful planning. The book therefore also outlines current government priorities and suggests areas for future investments. First published in 1979.

Oil, Industrialization & Development in the Arab Gulf States (RLE Economy of Middle East)

Author : Atif Kubursi
Publisher : Routledge
ISBN 13 : 1317592948
Total Pages : 118 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Oil, Industrialization & Development in the Arab Gulf States (RLE Economy of Middle East) by : Atif Kubursi

Download or read book Oil, Industrialization & Development in the Arab Gulf States (RLE Economy of Middle East) written by Atif Kubursi and published by Routledge. This book was released on 2015-05-15 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Were oil supplies everlasting and the demand for oil strong and continuous, economic diversification in the Gulf would be pointless. However oil reserves are finite and non-renewable and the world demand for oil from the Gulf region is simply not stable. Collectively the countries of the Gulf face the striking prospect that unless priorities and plans are set with care the gestation period of their economic development may be longer than the expected life of their hydrocarbon resources. This book examines just that threat. It considers the opportunities available to the Gulf states for accumulating sufficient productive capital in the non-oil sectors of their economy to offset the drawing down of oil reserves. The book pays particular attention to the possibilities of development through cooperation not only within the Gulf Cooperation Council but also within the larger Arab region and the Third World as a whole. It concludes with a critical review of the main challenges that these economies are facing and are likely to face in the near future with special emphasis on their major problems and failures. First published in 1984.

When Can Oil Economies Be Deemed Sustainable?

Author : Giacomo Luciani
Publisher : Springer Nature
ISBN 13 : 9811557284
Total Pages : 365 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis When Can Oil Economies Be Deemed Sustainable? by : Giacomo Luciani

Download or read book When Can Oil Economies Be Deemed Sustainable? written by Giacomo Luciani and published by Springer Nature. This book was released on 2020-09-30 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book questions the stereotype depicting all Gulf (GCC) economies as not sustainable, and starts a critical discussion of what these economies and polities should do to guarantee themselves a relatively stable future. Volatile international oil markets and the acceleration of the energy transition has challenged the notion that oil revenues are sufficient to sustain oil economies in the near to medium term. But what is the meaning of economic sustainability? The book discusses the multiple dimensions of the concept: economic diversification, continuing value of resources, taxation and fiscal development, labor market sustainability, sustainable income distribution, environmental sustainability, political order (democracy or authoritarianism) and sustainability, regional integration. The overarching message in this book is that we should move on from the simplistic branding of the Gulf economies as unsustainable and tackle the details of which adaptations they might need to undertake.

Challenges of Growth and Globalization in the Middle East and North Africa

Author : Mr.Hamid R Davoodi
Publisher : International Monetary Fund
ISBN 13 : 9781589062290
Total Pages : 44 pages
Book Rating : 4.0/5 (622 download)

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Book Synopsis Challenges of Growth and Globalization in the Middle East and North Africa by : Mr.Hamid R Davoodi

Download or read book Challenges of Growth and Globalization in the Middle East and North Africa written by Mr.Hamid R Davoodi and published by International Monetary Fund. This book was released on 2003-09-05 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.

The Political Economy of the Middle East: Oil

Author : Tim Niblock
Publisher :
ISBN 13 :
Total Pages : 400 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Political Economy of the Middle East: Oil by : Tim Niblock

Download or read book The Political Economy of the Middle East: Oil written by Tim Niblock and published by . This book was released on 1999 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Middle East, Oil, and the Great Powers

Author : Benjamin Shwadran
Publisher : John Wiley & Sons
ISBN 13 :
Total Pages : 656 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Middle East, Oil, and the Great Powers by : Benjamin Shwadran

Download or read book The Middle East, Oil, and the Great Powers written by Benjamin Shwadran and published by John Wiley & Sons. This book was released on 1974 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil Money

Author : David M. Wight
Publisher : Cornell University Press
ISBN 13 : 1501715747
Total Pages : 360 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Oil Money by : David M. Wight

Download or read book Oil Money written by David M. Wight and published by Cornell University Press. This book was released on 2021-07-15 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Oil Money, David M. Wight offers a new framework for understanding the course of Middle East–US relations during the 1970s and 1980s: the transformation of the US global empire by Middle East petrodollars. During these two decades, American, Arab, and Iranian elites reconstituted the primary role of the Middle East within the global system of US power from a supplier of cheap crude oil to a source of abundant petrodollars, the revenues earned from the export of oil. In the 1970s, the United States and allied monarchies, including the House of Pahlavi in Iran and the House of Saud in Saudi Arabia, utilized petrodollars to undertake myriad joint initiatives for mutual economic and geopolitical benefit. These petrodollar projects were often unprecedented in scope and included multibillion-dollar development projects, arms sales, purchases of US Treasury securities, and funds for the mujahedin in Afghanistan. Although petrodollar ties often augmented the power of the United States and its Middle East allies, Wight argues they also fostered economic disruptions and state-sponsored violence that drove many Americans, Arabs, and Iranians to resist Middle East–US interdependence, most dramatically during the Iranian Revolution of 1979. Deftly integrating diplomatic, transnational, economic, and cultural analysis, Wight utilizes extensive declassified records from the Nixon, Ford, Carter, and Reagan administrations, the IMF, the World Bank, Saddam Hussein's regime, and private collections to make plain the political economy of US power. Oil Money is an expansive yet judicious investigation of the wide-ranging and contradictory effects of petrodollars on Middle East–US relations and the geopolitics of globalization.

A Critical Political Economy of the Middle East and North Africa

Author : Joel Beinin
Publisher : Stanford University Press
ISBN 13 : 1503614484
Total Pages : 371 pages
Book Rating : 4.5/5 (36 download)

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Book Synopsis A Critical Political Economy of the Middle East and North Africa by : Joel Beinin

Download or read book A Critical Political Economy of the Middle East and North Africa written by Joel Beinin and published by Stanford University Press. This book was released on 2020-12-22 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers the first critical engagement with the political economy of the Middle East and North Africa. Challenging conventional wisdom on the origins and contemporary dynamics of capitalism in the region, these cutting-edge essays demonstrate how critical political economy can illuminate both historical and contemporary dynamics of the region and contribute to wider political economy debates from the vantage point of the Middle East. Leading scholars, representing several disciplines, contribute both thematic and country-specific analyses. Their writings critically examine major issues in political economy—notably, the mutual constitution of states, markets, and classes; the co-constitution of class, race, gender, and other forms of identity; varying modes of capital accumulation and the legal, political, and cultural forms of their regulation; relations among local, national, and global forms of capital, class, and culture; technopolitics; the role of war in the constitution of states and classes; and practices and cultures of domination and resistance. Visit politicaleconomyproject.org for additional media and learning resources.

Rulers, Religion, and Riches

Author : Jared Rubin
Publisher : Cambridge University Press
ISBN 13 : 110703681X
Total Pages : 297 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Rulers, Religion, and Riches by : Jared Rubin

Download or read book Rulers, Religion, and Riches written by Jared Rubin and published by Cambridge University Press. This book was released on 2017-02-16 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book seeks to explain the political and religious factors leading to the economic reversal of fortunes between Europe and the Middle East.

The Middle East and North Africa in a Changing Oil Market

Author : Mr.Bright E Okogu
Publisher : International Monetary Fund
ISBN 13 : 9781589062344
Total Pages : 32 pages
Book Rating : 4.0/5 (623 download)

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Book Synopsis The Middle East and North Africa in a Changing Oil Market by : Mr.Bright E Okogu

Download or read book The Middle East and North Africa in a Changing Oil Market written by Mr.Bright E Okogu and published by International Monetary Fund. This book was released on 2003-09-05 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world oil market has undergone a series of changes that have reduced the share of oil in the global energy balance and, with it, the influence of Middle Eastern oil exporters. In spite of oil’s loss of ground, however, Middle Eastern countries remain at the center of world oil developments. This paper focuses on the developments in the international oil market, the role of Middle Eastern countries therein, and the policy challenges arising from the dependency on oil.