Sent by his guardian to live at a Louisiana school for retarded boys, Lizard, a bright, deformed youngster, escapes with the help of a visiting actor who gives him a role in his repertory company's production of "The Tempest."
Although small geographically, Kuwait casts a disproportionately large shadow in the areas of international finance, energy, and trade. It enjoys a capital-surplus economy, but is still a developing country and one of the fastest growing markets for goods and services. Kuwait's drive toward economic development and self-sustaining investment both at home and abroad arises from the knowledge that the nation's prosperity derives overwhelmingly from a single, nonrenewable asset—petroleum. Professor El Mallakh delineates Kuwait's economic activities and potential and assesses the country's impact on the global economy. Basing his work on two decades of research and writing on Kuwait and neighboring Gulf states, and on interviews with Kuwaiti officials and financial and business leaders, he presents a wealth of detailed and practical information, little of which is readily accessible elsewhere. He also analyzes the use of Kuwait's capital-surplus funds with reference to the region, to Europe, and to the United States, and looks at the country's priorities for future international investment and development projects.
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.
Based on comparative historical analyses of Iran, Jordan, and Kuwait, Sean L. Yom examines the foreign interventions, coalitional choices, and state outcomes that made the political regimes of the modern Middle East. A key text for foreign policy scholars, From Resilience to Revolution shows how outside interference can corrupt the most basic choices of governance: who to reward, who to punish, who to compensate, and who to manipulate. As colonial rule dissolved in the 1930s and 1950s, Middle Eastern autocrats constructed new political states to solidify their reigns, with varying results. Why did equally ambitious authoritarians meet such unequal fates? Yom ties the durability of Middle Eastern regimes to their geopolitical origins. At the dawn of the postcolonial era, many autocratic states had little support from their people and struggled to overcome widespread opposition. When foreign powers intervened to bolster these regimes, they unwittingly sabotaged the prospects for long-term stability by discouraging leaders from reaching out to their people and bargaining for mass support—early coalitional decisions that created repressive institutions and planted the seeds for future unrest. Only when they were secluded from larger geopolitical machinations did Middle Eastern regimes come to grips with their weaknesses and build broader coalitions.
This book explores the contemporary history, governance, foreign policy, political economy, culture, and society of Kuwait. It highlights the dynamics of the country, putting forward both an overview of each subject covered and new research findings. It begins by providing a historical understanding of state formation and goes on to examine state structure, including the ruling monarchy, state legitimacy, and the creation of the Constitution and the National Assembly. It considers foreign policy, including the tools of diplomacy, the state’s regional and international approach, and the factors that have formed and reformed Kuwait’s strategic policy in the global arena. It assesses the economy, including rentierism, the labour market both for locals and for migrants, the class system, and the process of Kuwaitization; and it discusses Kuwaiti society and national identity, as well as investigates issues of women, civil society, youth, and the Bidoon minority. Overall, the book provides a full and detailed analysis of contemporary Kuwait and of the factors which are bringing about new developments.
"The authors, distinguished scholars from developing countries, all have had direct practical experience in international affairs and policy-making. They provide rare insight regarding the continuing efforts of the developing countries to express, coordinate, and advance their positions and interests."--BOOK JACKET.