Summary Of Middle East Oil Developments

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Empires and Anarchies

Author : Michael Quentin Morton
Publisher : Reaktion Books
ISBN 13 : 1780238614
Total Pages : 265 pages
Book Rating : 4.7/5 (82 download)

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Book Synopsis Empires and Anarchies by : Michael Quentin Morton

Download or read book Empires and Anarchies written by Michael Quentin Morton and published by Reaktion Books. This book was released on 2017-09-15 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil lies at the heart of the modern history of the Middle East. For decades, the world’s largest oil reserves have enriched the region’s nations. But oil wealth has not brought with it universal prosperity. It has, though, transformed the Middle Eastern people and societies—enriching empires and engendering anarchies. Empires and Anarchies is an unconventional history of oil in the Middle East. In Michael Quentin Morton’s account the burnt-out remains of Saddam Hussein’s armaments and the human tragedy of the Arab Spring are as much of the story as the shimmering skylines of oil-rich nations. From the first explorers trudging through the desert to the excesses of the Peacock Throne and the high stakes of OPEC, Morton lays out the history of oil in compelling detail, arguing that oil simultaneously enriched and fractured the Middle East, eroding traditional ways of life, and eventually contributing to the rise of Islamic radicalism. The book is essential reading for anyone interested in the promises and peril of the world’s oil boom.

The Middle East

Author : University of Toronto. Middle East Studies Committee
Publisher : Washington : American Enterprise Institute for Public Policy Research
ISBN 13 :
Total Pages : 136 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Middle East by : University of Toronto. Middle East Studies Committee

Download or read book The Middle East written by University of Toronto. Middle East Studies Committee and published by Washington : American Enterprise Institute for Public Policy Research. This book was released on 1975 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil and the political economy in the Middle East

Author : Martin Beck
Publisher : Manchester University Press
ISBN 13 : 1526149087
Total Pages : 205 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 205 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.

The Oil Curse

Author : Michael L. Ross
Publisher : Princeton University Press
ISBN 13 : 0691159637
Total Pages : 314 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Oil Curse by : Michael L. Ross

Download or read book The Oil Curse written by Michael L. Ross and published by Princeton University Press. This book was released on 2013-09-08 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explaining—and solving—the oil curse in the developing world Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth—and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats—and twice as likely to descend into civil war—than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.

Petro-Aggression

Author : Jeff D. Colgan
Publisher : Cambridge University Press
ISBN 13 : 1107311292
Total Pages : 327 pages
Book Rating : 4.1/5 (73 download)

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Book Synopsis Petro-Aggression by : Jeff D. Colgan

Download or read book Petro-Aggression written by Jeff D. Colgan and published by Cambridge University Press. This book was released on 2013-01-31 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil is the world's single most important commodity and its political effects are pervasive. Jeff D. Colgan extends the idea of the resource curse into the realm of international relations, exploring how countries form their foreign policy preferences and intentions. Why are some but not all oil-exporting 'petrostates' aggressive? To answer this question, a theory of aggressive foreign policy preferences is developed and then tested, using both quantitative and qualitative methods. Petro-Aggression shows that oil creates incentives that increase a petrostate's aggression, but also incentives for the opposite. The net effect depends critically on its domestic politics, especially the preferences of its leader. Revolutionary leaders are especially significant. Using case studies including Iraq, Iran, Libya, Saudi Arabia and Venezuela, this book offers new insight into why oil politics has a central role in global peace and conflict.

Oil States in the New Middle East

Author : Kjetil Selvik
Publisher : Routledge
ISBN 13 : 1317498135
Total Pages : 335 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 335 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.

Mirage

Author : Aileen Keating
Publisher : Prometheus Books
ISBN 13 : 1615925384
Total Pages : 560 pages
Book Rating : 4.6/5 (159 download)

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Book Synopsis Mirage by : Aileen Keating

Download or read book Mirage written by Aileen Keating and published by Prometheus Books. This book was released on 2012-05-25 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this fascinating history of the discovery, development, and exploitation of Middle East oil, an international journalist tells a largely unknown story rich in drama, conflict, and comic interludes. Illustrations.

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.

A History of Middle East Economies in the Twentieth Century

Author : Roger Owen
Publisher : Harvard University Press
ISBN 13 : 9780674398306
Total Pages : 336 pages
Book Rating : 4.3/5 (983 download)

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Book Synopsis A History of Middle East Economies in the Twentieth Century by : Roger Owen

Download or read book A History of Middle East Economies in the Twentieth Century written by Roger Owen and published by Harvard University Press. This book was released on 1998 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text offers an examination of the economic history of the principal Arab countries, Turkey and Israel since 1918. Using the state as its major economic analysis, it charts the growth of national income and issues of welfare and distribution over two periods, 1918-1945 and 1945-1990. Important trends are explored, including the patterns of colonial economic management, import substitution, the impact of the 1970s oil boom, and the current process of liberalization and structural adjustment

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.

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 Middle East, Oil, and the Great Powers

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

The Price of Wealth

Author : Kiren Aziz Chaudhry
Publisher : Cornell University Press
ISBN 13 : 1501700332
Total Pages : 354 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis The Price of Wealth by : Kiren Aziz Chaudhry

Download or read book The Price of Wealth written by Kiren Aziz Chaudhry and published by Cornell University Press. This book was released on 2015-11-06 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emerging consensus that institutions shape political and economic outcomes has produced few theories of institutional change and no defensible theory of institutional origination. Kiren Aziz Chaudhry shows how state and market institutions are created and transformed in Saudi Arabia and Yemen, two countries that typify labor and oil exporters in the developing worlds.In a world where the international economy dramatically affects domestic developments, the question of where institutions come from becomes at once more urgent and more complex. In both Saudi Arabia and Yemen, fundamental state and market institutions forged during a period of isolation at the end of World War I were destroyed and reshaped not once but three times in response to exogenous shocks.Comparing boom-bust cycles, Chaudhry exposes the alternating social and organizational origins of institutions, arguing that both broad changes in the international economy and specific forms of international integration shape institutional outcomes. Labor and oil exporters thus experience identical economic cycles but generate radically different state, market, and financial institutions in response to different resource flows. Chaudhry supplemented years of field work in Saudi Arabia and Yemen with extensive analysis of previously unavailable materials in the Saudi national archives.

The Middle East

Author : Z. R. Beydoun
Publisher :
ISBN 13 :
Total Pages : 326 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Middle East by : Z. R. Beydoun

Download or read book The Middle East written by Z. R. Beydoun and published by . This book was released on 1988 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil and Politics in the Gulf

Author : Jill Crystal
Publisher : Cambridge University Press
ISBN 13 : 9780521466356
Total Pages : 262 pages
Book Rating : 4.4/5 (663 download)

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Book Synopsis Oil and Politics in the Gulf by : Jill Crystal

Download or read book Oil and Politics in the Gulf written by Jill Crystal and published by Cambridge University Press. This book was released on 1995-01-27 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book asks why in recent years the social and economic upheavals in Kuwait and Qatar have been accompanied by a remarkable political continuity.

Oil Powers - a History of the U. S. -Saudi Alliance

Author : Victor Mcfarland
Publisher :
ISBN 13 : 9780231197274
Total Pages : 384 pages
Book Rating : 4.1/5 (972 download)

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Book Synopsis Oil Powers - a History of the U. S. -Saudi Alliance by : Victor Mcfarland

Download or read book Oil Powers - a History of the U. S. -Saudi Alliance written by Victor Mcfarland and published by . This book was released on 2020 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Victor McFarland challenges the view that the U.S.-Saudi alliance is the inevitable consequence of American energy demand and Saudi Arabia's huge oil reserves. Oil Powers traces the growth of the alliance through a dense web of political, economic, and social connections that bolstered royal and executive power and the national-security state.

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 : 400 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 400 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.