Oil and the political economy in the Middle East

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Author :
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

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Author :
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

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Author :
Publisher : New York : Praeger
ISBN 13 :
Total Pages : 256 pages
Book Rating : 4.:/5 (44 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:

The Middle East Oil Decade and Beyond

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Author :
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.

Oil States in the New Middle East

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Author :
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.

Middle East Oil

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Author :
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)

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Author :
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.

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

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Author :
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.

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

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Author :
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.

The Middle East

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Author :
Publisher :
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.X/5 ( download)

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Book Synopsis The Middle East by : David Nicholas

Download or read book The Middle East written by David Nicholas and published by . This book was released on 1981 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Political Economy of the Middle East: Oil

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Author :
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:

When Can Oil Economies Be Deemed Sustainable?

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Author :
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.

Middle East Oil Exporters

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1847204090
Total Pages : 383 pages
Book Rating : 4.8/5 (472 download)

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Book Synopsis Middle East Oil Exporters by : Hossein Askari

Download or read book Middle East Oil Exporters written by Hossein Askari and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is unique and unprecedented in the way that it ties together various political and economic dimensions to draw a picture of the future Middle East scenarios. It gives us a far-reaching analysis of the reasons underlying economic conditions in the major oil-exporting countries of the Middle East. It also provides a comprehensive and positive blueprint for a social, political and economic turnaround. Hossein Askari s insider experience in most of these countries makes this valuable work a must-read for specialists and students of the area. Hossein Razavi, Director of Finance, Private Sector and Infrastructure Department, Middle East and North Africa Region, The World Bank, US Anyone who wants to grasp the economic status of this rather special, perhaps unique, part of the world will find here a knowledgeable and assiduous guide. Secondly, the book presents a strong and uncompromising argument about what these countries must do, and what the West must do, to improve the economic performance and social fabric of the MENA region, and thus better the daily lives of the inhabitants. From the foreword by Robert M. Solow, Nobel Laureate, Massachusetts Institute of Technology, US Hossein Askari argues here that economic and social failure in the oil-exporting countries of the Middle East is a result of much more than simply shortcomings in economic policies. He analyzes religion, corruption, instability, wars and foreign interference as factors affecting the region and offers solutions that incorporate Islamic teachings, regional peace efforts, market-oriented economic policies, sound institutions and unselfish policy support from the West. Middle East Oil Exporters presents a detailed picture of the economic structure and a critical survey of the recent economic performance of the Middle East. The focus is especially on the large oil-exporting nations, although the smaller producers are represented as well. The author illustrates how oil has become a crutch to avoid reforms, destroying the work ethic of the region, fuelling corruption and poisoning the social and cultural fabric of society to keep unpopular governments in power. In addition, he provides a view of the social, economic, and political implications of Islamic doctrine. In this context he examines the institutions of governance and determines that they have performed poorly, often in blatant violation of Islamic principles. This in-depth analysis is accompanied by a comprehensive prescription for a turnaround in the Middle East. Hossein Askari s unique and insightful critique is essential reading for students and scholars of the Middle East, as well as policymakers involved in the region. Executives of financial institutions and private corporations will also want to understand the region for their energy needs and as a market for their products and services.

Oil Money

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Author :
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.

Rulers, Religion, and Riches

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Author :
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 Growth of Firms, Middle East Oil and Other Essays

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Author :
Publisher : Routledge
ISBN 13 : 0429616481
Total Pages : 336 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis The Growth of Firms, Middle East Oil and Other Essays by : Edith Penrose

Download or read book The Growth of Firms, Middle East Oil and Other Essays written by Edith Penrose and published by Routledge. This book was released on 2019-04-18 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in 1971: At first glance it might seem that the three subjects dealt with in the essays written over the last twenty years and now collected in this volume could hardly be more diverse, beginning with the growth of the firm and moving from the international petroleum industry to the Middle East generally. Oddly enough, however, these subjects are connected by the same type of historical logic that characterizes the diversification of an industrial firm: the logic in the simple principle that one thing leads to another.

The Middle East and North Africa in a Changing Oil Market

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Author :
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.