Rich And Poor States In The Middle East

Rich And Poor States In The Middle East

Author: Malcolm H. Kerr

Publisher: Routledge

Published: 2019-06-04

Total Pages: 410

ISBN-13: 1000310124

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While oil wealth has enriched some Middle East Arab nations, others that lack oil resources have remained poor and are looking now to their oil-rich neighbors for development assistance. This collection of studies on the economic, social, and political relationships between the haves and the have-nots in the Middle East focuses on Egypt-the largest state in the region-and on its prospects for change based on financial assistance from other Arab countries.The authors have many disagreements about the future of both rich and poor nations in the Middle East and considerable skepticism about the possibility of transforming Egypt, but they do agree that the future must be projected in the framework of a new regional order in which oil wealth, labor migration, and liberalized national economies are fundamental realities.


Rulers, Religion, and Riches

Rulers, Religion, and Riches

Author: Jared Rubin

Publisher: Cambridge University Press

Published: 2017-02-16

Total Pages: 297

ISBN-13: 110703681X

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This book seeks to explain the political and religious factors leading to the economic reversal of fortunes between Europe and the Middle East.


Rich People Poor Countries

Rich People Poor Countries

Author: Caroline Freund

Publisher: Peterson Institute for International Economics

Published: 2016-02-11

Total Pages: 199

ISBN-13: 0881327042

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Like the robber barons of the 19th century Gilded Age, a new and proliferating crop of billionaires is driving rapid development and industrialization in poor countries. The accelerated industrial growth spurs economic prosperity for some, but it also widens the gap between the super rich and the rest of the population, especially the very poor. In Rich People Poor Countries, Caroline Freund identifies and analyzes nearly 700 emerging-market billionaires whose net worth adds up to more than $2 trillion. Freund finds that these titans of industry are propelling poor countries out of their small-scale production and agricultural past and into a future of multinational industry and service-based mega firms. And more often than not, the new billionaires are using their newfound acumen to navigate the globalized economy, without necessarily relying on political connections, inheritance, or privileged access to resources. This story of emerging-market billionaires and the global businesses they create dramatically illuminates the process of industrialization in the modern world economy.


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

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

Author: Mr.Hamid R Davoodi

Publisher: International Monetary Fund

Published: 2003-09-05

Total Pages: 44

ISBN-13: 9781589062290

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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.


Subsidy Reform in the Middle East and North Africa

Subsidy Reform in the Middle East and North Africa

Author: Mr.Carlo A Sdralevich

Publisher: International Monetary Fund

Published: 2014-07-09

Total Pages: 130

ISBN-13: 1498350437

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In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.


From the 1919 Revolution to the 2011 Arab Spring

From the 1919 Revolution to the 2011 Arab Spring

Author: Uzi Rabi

Publisher: Taylor & Francis

Published: 2024-05-08

Total Pages: 296

ISBN-13: 1003834809

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Focused on three Egyptian revolutions—in 1919, 1952, and 2011—this edited book argues that each of these revolutions is a milestone which represents a meaningful turning point in modern Egyptian history. Revolutions are typically characterized by a fundamental change in political and social infrastructures as well as in the establishment of new values and norms. However, it should be noted that this may not be entirely applicable when examining the context of the three Egyptian revolutions: the 1919 revolution failed to liberate Egypt from British colonial hegemony; the 1952 revolution failed to rework the country’s social and economic systems and unify the Arab world; and the "Arab Spring" revolution of 2011 culminated in a chaotic economic and social catastrophe, thus failing to solve the young generation’s crisis. Nevertheless, by revisiting and re-defining these revolutions through diverse theoretical frameworks, the book proposes that each of them played a significant role in shaping Egypt’s political, social, and cultural identity. This book is specifically of interest for students, historians, and social scientists with a keen interest in Egyptian history and the Middle East, offering fresh perspectives and insights into these transformative moments in Egypt’s history.


Arab Manpower (RLE Economy of Middle East)

Arab Manpower (RLE Economy of Middle East)

Author: J.S. Birks

Publisher: Routledge

Published: 2020-07-26

Total Pages: 354

ISBN-13: 1000155927

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The Arab world increasingly falls into two divisions, the capital-poor and the capital-rich countries (where capital means, in essence, oil). In the capital-rich countries shortage of labour is the chief constraint on growth. In the capital-poor countries analysis of the labour market is equally central, as shortage of labour compounds the already existing problem of shortage of capital. This book surveys the labour markets of the Arab world state by state, evaluating them by demand and supply analysis, and analysing the different elements in trends of employment. It forecasts the areas of stress in the next decade and suggests ways of minimising them. The book, based on much previously unpublished information and on extensive on-the-spot research in the respective Arab countries, sets out the economic and social conditions which underly the impending crisis of development in the Arab region. First published in 1980.


The Energy Sector and Energy Geopolitics in the MENA Region at a Crossroad

The Energy Sector and Energy Geopolitics in the MENA Region at a Crossroad

Author: Manfred Hafner

Publisher: Springer Nature

Published: 2023-08-28

Total Pages: 430

ISBN-13: 3031307054

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This open access book offers a holistic and interdisciplinary analysis of the energy sector in the Middle East and North Africa (MENA) region and its ongoing transformation. Taking into account global decarbonization policies, it offers a comprehensive overview of the transition’s effects in the region highlighting socioeconomic, geopolitical and cultural aspects. The book is divided into four parts, the first of which illustrates the historical, cultural and socioeconomic heterogeneity of the MENA region. The second part assesses the region's energy sector, with a special focus on the energy mix and consumption evolution at the national level. The third part addresses the geopolitics and geoeconomics of the energy sector in MENA countries, including foreign interference, conflicts, investments and partnerships both related to hydrocarbons and energy transition. Lastly, the fourth part provides overall conclusions and key takeaways on all major aspects addressed by the book, highlighting various paths and strategies for decarbonization in the region.


How Rich Countries Got Rich ... and Why Poor Countries Stay Poor

How Rich Countries Got Rich ... and Why Poor Countries Stay Poor

Author: Erik S Reinert

Publisher: PublicAffairs

Published: 2019-10-01

Total Pages: 444

ISBN-13: 1541762886

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A maverick economist explains how protectionism makes nations rich, free trade keeps them poor---and how rich countries make sure to keep it that way. Throughout history, some combination of government intervention, protectionism, and strategic investment has driven successful development everywhere from Renaissance Italy to the modern Far East. Yet despite the demonstrable success of this approach, development economists largely ignore it and insist instead on the importance of free trade. Somehow, the thing that made rich nations rich supposedly won't work on poor countries anymore. Leading heterodox economist Erik Reinert's invigorating history of economic development shows how Western economies were founded on protectionism and state activism and only later promoted free trade, when it worked to their advantage. In the tug-of-war between the gospel of government intervention and free-market purists, the issue is not that one is more correct, but that the winning nation tends to favor whatever benefits them most. As Western countries begin to sense that the rules of the game they set were rigged, Reinert's classic book gains new urgency. His unique and edifying approach to the history of economic development is critical reading for anyone who wants to understand how we got here and what to do next, especially now that we aren't so sure we'll be the winners anymore.


Pariah States & Sanctions in the Middle East

Pariah States & Sanctions in the Middle East

Author: Tim Niblock

Publisher: Lynne Rienner Publishers

Published: 2001

Total Pages: 256

ISBN-13: 9781588261076

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A dispassionate analysis of the effect-political, economic, and psychological-of sanctions on the Middle East's "pariah" states.