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Author : Matthew Gray
Publisher :
ISBN 13 : 9781788212106
Total Pages : 272 pages
Book Rating : 4.2/5 (121 download)
Download or read book The Economy of the Gulf States written by Matthew Gray and published by . This book was released on 2019 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Tim Niblock
Publisher : Routledge
ISBN 13 : 131759178X
Total Pages : 243 pages
Book Rating : 4.3/5 (175 download)
Download or read book Social and Economic Development in the Arab Gulf (RLE Economy of Middle East) written by Tim Niblock and published by Routledge. This book was released on 2015-05-15 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: The crucial importance of the Gulf region today – which may be defined as comprising the states of Saudi Arabia, Iraq, Kuwait, Oman, Bahrain, Qatar and the United Arab Emirates, with Iran as a non-Arab onlooker – has stimulated surprisingly little interest in academic circles. Much of what has been written, moreover, focuses exclusively on those aspects of direct concern to external interests. The focus of this book is on the Gulf region as an area with its own problems of social, economic and political development. It examines the dimensions of the attempts by the governments and peoples of the area to create new social, economic and political structures – stemming mainly, of course, from their new-found oil wealth. First published in 1980.
Author : Martin Beck
Publisher : Manchester University Press
ISBN 13 : 1526149087
Total Pages : 205 pages
Book Rating : 4.5/5 (261 download)
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.
Author : M.S. El Azhary
Publisher : Taylor & Francis
ISBN 13 : 1000944565
Total Pages : 216 pages
Book Rating : 4.0/5 (9 download)
Download or read book The Impact of Oil Revenues on Arab Gulf Development written by M.S. El Azhary and published by Taylor & Francis. This book was released on 2023-05-09 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the price of oil fell in the eighties the pressures on the Arab Gulf States to speed up the diversification of their economies into non-oil sectors increased. This book, first published in 1984, examines this problem and many other issues connected with the impact of oil revenues on development in the Gulf States. It considers changing oil production policies and developments in other sectors of the economy including agriculture, industry and banking. It explores population problems, moves towards Gulf economic coordination and the impact of oil on society, culture and education. This book provides an assessment of just how much the region depends on oil for its economic prosperity and development and some indication of the enormous problems that would face the region should the demand for oil decease still further.
Author : Kristian Ulrichsen
Publisher :
ISBN 13 : 9780857939876
Total Pages : 0 pages
Book Rating : 4.9/5 (398 download)
Download or read book The Political Economy of Arab Gulf States written by Kristian Ulrichsen and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This insightful research collection examines the internal and external transformation of the Arab Gulf states and their repositioning within the global order. It explores the interlocking challenges of transition toward post-rentier structures of governance and assesses the domestic, regional and global implications. A multi-level approach begins with sections on domestic political and economic reform and the reformulation of domestic agendas to reflect new issues such as climate-change. Subsequent sections cover the evolution of regional security agendas, new trends in foreign policy and the Arab Gulf states' rapid emergence as global actors and provide a frank portrayal of this dynamic region.
Author : Robert Mogielnicki
Publisher : Springer Nature
ISBN 13 : 3030712745
Total Pages : 262 pages
Book Rating : 4.0/5 (37 download)
Download or read book A Political Economy of Free Zones in Gulf Arab States written by Robert Mogielnicki and published by Springer Nature. This book was released on 2021-04-13 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book-length empirical study of free zones (FZs) in Gulf Cooperation Council (GCC) countries. The volume systematically illustrates the development processes behind FZs in Gulf Arab states and assesses the impact of these commercial entities on regional integration, global trade and investment trends, and the Gulf’s foreign relations. In the process, the work maps how economic strategies involving FZs evolve alongside varying levels of resource availability and state capacity on a local level while also revealing how development paths in Gulf Arab states are linked to regional and global accumulation circuits. FZ development is an under-examined topic in the wider literature on the Gulf. The empirical findings and theoretical implications of the work therefore offer an original contribution to prevailing political economy discussions concerning the Gulf region.
Author : Kristian Coates Ulrichsen
Publisher : Springer
ISBN 13 : 1137385618
Total Pages : 277 pages
Book Rating : 4.1/5 (373 download)
Download or read book The Gulf States in International Political Economy written by Kristian Coates Ulrichsen and published by Springer. This book was released on 2016-05-02 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kristian Coates Ulrichsen documents the startling rise of the Arab Gulf States as regional powers with international reach and provides a definitive account of how they have become embedded in the global system of power, politics, and policy-making.
Author : Héla Miniaoui
Publisher : Springer Nature
ISBN 13 : 9811560587
Total Pages : 217 pages
Book Rating : 4.8/5 (115 download)
Download or read book Economic Development in the Gulf Cooperation Council Countries written by Héla Miniaoui and published by Springer Nature. This book was released on 2020-10-26 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book delves into the economic development of the six Gulf Cooperation Council (GCC) countries. Since the 1960s, the GCC states have harnessed their potential to exploit the wealth accrued from the oil boom to build their infrastructure and grow their economies. However, the high level of dependency on oil as the primary source feeding their output made their economies volatile and vulnerable to fluctuations in the global oil prices. Moreover, the plunge in oil prices and the threat of depletion of this natural resource pose serious challenges to the GCC countries. Consequently, the GCC governments have realized the importance of diversifying their economies following the need to move away from reliance on hydrocarbon. This book contributes to the theoretical literature by enriching the debate on the transition of the GCC countries from rentier states to diversified economies. It helps students and scholars understand this transformation with an expansive comprehension of the contemporary challenges facing the region, as well as outlining prospects for the future.
Author : Adam Hanieh
Publisher : Springer
ISBN 13 : 0230119603
Total Pages : 447 pages
Book Rating : 4.2/5 (31 download)
Download or read book Capitalism and Class in the Gulf Arab States written by Adam Hanieh and published by Springer. This book was released on 2016-04-30 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the recent development of Gulf capitalism through to the aftermath of the 2008 economic crisis. Situating the Gulf within the evolution of capitalism at a global scale, it presents a novel theoretical interpretation of this important region of the Middle East political economy.
Author : Ibrahim M. Oweiss
Publisher : Emirates Center for Strategic Studies and Research
ISBN 13 :
Total Pages : 19 pages
Book Rating : 4./5 ( download)
Download or read book The Arab Gulf Economies written by Ibrahim M. Oweiss and published by Emirates Center for Strategic Studies and Research. This book was released on 2000-10-16 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Arab Gulf economies of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates share obvious common denominators but in reality have experienced fluctuations in growth, stemming mainly from exogenous factors. There are promising prospects for these economies in coming decades, provided certain favorable variables prevail or there could be cause for concern if negative trends predominate. What seems likely is a mixed scenario, determined by the resultant impact of opposing forces. The study begins with a general overview of Gulf economies, taking into account the region's reliance on oil revenues. A statistical estimate of price elasticity of demand for oil is made, given the fluctuations in oil prices from peaks in 1974 and in 1979 to low levels in the mid 1980's and in early 1999. Analysis of macro-economic data over a twenty-year period pinpoints the sources of regional economic growth, while a detailed econometric study identifies the oil price determinants during the years 1983-1998. From the empirical results of this study and an examination of the region's endogenous factors such as population growth and human productivity and other exogenous factors such as globalization and economic blocs, the prospects for the coming decades are sketched and practical recommendations are offered that could speed up the process of Arab monetary integration and boost the UAE's national economic growth.
Author : Adam Hanieh
Publisher : Cambridge University Press
ISBN 13 : 1108429149
Total Pages : 315 pages
Book Rating : 4.1/5 (84 download)
Download or read book Money, Markets, and Monarchies written by Adam Hanieh and published by Cambridge University Press. This book was released on 2018-09-13 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: An original and empirically grounded analysis of the Gulf monarchies and their role in shaping the political economy of the Middle East.
Author : David Held
Publisher : Routledge
ISBN 13 : 113669840X
Total Pages : 388 pages
Book Rating : 4.1/5 (366 download)
Download or read book The Transformation of the Gulf written by David Held and published by Routledge. This book was released on 2013-03-01 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the political, economic and social transformation of the six member-states of the Gulf Cooperation Council (GCC) and the ways in which these states are both shaping, and being reshaped by, the processes of globalisation. Adopting a multidisciplinary approach, the volume combines thematic chapters focusing on issues such as globalisation, nationalism and identity, political thinking, and economic diversification and redistributive policymaking with empirical chapters studying specific aspects of reform and change: the emergence of governing markets the rise of Sovereign Wealth Funds Islamic Finance the relationship between energy and sustainability trends in foreign aid donorship, strategic and foreign policy formulation. Contributions from experts in the field provide cutting-edge snapshots of a region in flux and collectively offer a roadmap of its repositioning in the global order, examining the interaction between global processes and internal dynamics of change and resistance that inject new dimensions into debates over the loci of local and global transformations and the manner in which each plays off the other. Situating the Gulf States firmly within their global twenty-first century context, this book will hold particular appeal to theorists of globalisation as well as to scholars of comparative politics, international political economy and area studies.
Author : Giacomo Luciani
Publisher : Springer Nature
ISBN 13 : 9811557284
Total Pages : 365 pages
Book Rating : 4.8/5 (115 download)
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.
Author : Benjamin Smith
Publisher : Syracuse University Press
ISBN 13 : 0815653441
Total Pages : 362 pages
Book Rating : 4.8/5 (156 download)
Download or read book Market Orientalism written by Benjamin Smith and published by Syracuse University Press. This book was released on 2015-07-28 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the Arab states of the Persian Gulf are leaders in many of the measures of absolute wealth that have traditionally defined success in the global economy, they have had a much harder time becoming accepted in the equally fractured and hierarchal realm of the cultural economy, where practices, signs, and perceptions of propriety matter. Market Orientalism examines how emerging markets are imagined as cultural economic spaces—spaces that are assembled, ranked, desired, and sometimes punished in ways built on earlier forms of dealing with “backward” economies and peoples. Such imaginations not only impact investment and guide policy, but also create stories of economic value that separate “us” from “them.” While market Orientalism functions anywhere that questions of “deserved” wealth come down to cultural/economic differences between places, Smith focuses on the Arab states of the Gulf. By combining field research with extensive analysis of news archives concerning the cultural economies of the Gulf states, Market Orientalism addresses important motivations for economic relations and provides a framework to analyze how prejudice, fashion, taste, and waste are vital to both narrow and widespread forms of economic activity.
Author : Sara Bazoobandi
Publisher : Routledge
ISBN 13 : 0415522226
Total Pages : 210 pages
Book Rating : 4.4/5 (155 download)
Download or read book The Political Economy of the Gulf Sovereign Wealth Funds written by Sara Bazoobandi and published by Routledge. This book was released on 2013 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using four Gulf sovereign wealth funds as case studies - Iran, Kuwait, Saudi Arabia and the UAE - this book examines and analyses the history, governance and structure, and investment strategies of the above mentioned funds, in the context of on-going debates about their transparency. The book discusses how most Gulf sovereign wealth funds were established under colonial rule, and have operated in the global financial system for many decades. With the increase of oil revenues, it goes on to look at how the funds have broadened their asset classes and their institutional development. Debate over the transparency of sovereign wealth funds has highlighted various global practices. Recently, organisational measures have been introduced for calculating possible risks from non-commercial investment incentives of funds, whose politically-driven investment strategies are viewed as potentially a major threat to the national security of their host countries. Highlighting a number of incidents that triggered the transparency debate, the book scrutinises the reaction of some of the Gulf sovereign wealth funds to these recent regulatory codes and strategies. It is a useful contribution to Development, Political Economy and Middle East Studies.
Author : Mr.Tim Callen
Publisher : International Monetary Fund
ISBN 13 : 1498303234
Total Pages : 32 pages
Book Rating : 4.4/5 (983 download)
Download or read book Economic Diversification in the GCC written by Mr.Tim Callen and published by International Monetary Fund. This book was released on 2014-12-23 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The economies of the six Gulf Cooperation Council (GCC) countries are heavily reliant on oil. Greater economic diversification would reduce their exposure to volatility and uncertainty in the global oil market, help create jobs in the private sector, increase productivity and sustainable growth, and help create the non-oil economy that will be needed in the future when oil revenues start to dwindle. The GCC countries have followed many of the standard policies that are usually thought to promote more diversified economies, including reforms to improve the business climate, the development of domestic infrastructure, financial deepening, and improvements in education. Nevertheless, success to date has been limited. This paper argues that increased diversification will require realigning incentives for firms and workers in the economies—fixing these incentives is the “missing link” in the GCC countries’ diversification strategies. At present, producing non-tradables is less risky and more profitable for firms as they can benefit from the easy availability of low-wage foreign labor and the rapid growth in government spending, while the continued availability of high-paying and secure public sector jobs discourages nationals from pursuing entrepreneurship and private sector employment. Measures to begin to address these incentive issues could include limiting and reorienting government spending, strengthening private sector competition, providing guarantees and financial support for those firms engaged in export activity, and implementing labor market reforms to make nationals more competitive for private sector employment.
Author : Roger Owen
Publisher : Harvard University Press
ISBN 13 : 9780674398306
Total Pages : 336 pages
Book Rating : 4.3/5 (983 download)
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
