This book, a comprehensive study of twelve of the economies of key countries of the Arab world, has three main objectives: to record the developmental achievements and failings of each country; to examine the main issues arising in the drive for development; and to assess the future outlook for development for each country. Most of the countries studied only gained independence from their colonial masters in recent decades, and the process of economic development has necessarily been accompanied by political development. First published in 1978.
This book, a comprehensive study of twelve of the economies of key countries of the Arab world, has three main objectives: to record the developmental achievements and failings of each country; to examine the main issues arising in the drive for development; and to assess the future outlook for development for each country. Most of the countries studied only gained independence from their colonial masters in recent decades, and the process of economic development has necessarily been accompanied by political development. First published in 1978.
This book explores in depth the factors determining economic development in the Arab region. The particular factors relevant to the Arab world are also set within the context of the broad political economy of underdevelopment. The factors are identified as comprising three main groups: economic, political administrative and socio-cultural; petroleum and regional Arab economic development are examined separately. The force and operation of each determinant is further assessed in the context of the individual countries, from which the author is able to arrive at some important conclusions concerning the interaction of these determinants and their impact upon development. First published in 1978.
This work assesses the impact of globalization on women in Middle Eastern societies. To explore the gendered effects of social change, the authors examine trends within, as well as among, states in the region. Detailed case studies reveal the mixed results of global pressures.
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.
A study of the changes that have taken place in the various sectors of the economy and the factors that currently influence economic development and policy in Saudi Arabia. The effects of the changes in oil revenues on the economy and the Kingdom's development strategy are discussed.
This book offers the first critical engagement with the political economy of the Middle East and North Africa. Challenging conventional wisdom on the origins and contemporary dynamics of capitalism in the region, these cutting-edge essays demonstrate how critical political economy can illuminate both historical and contemporary dynamics of the region and contribute to wider political economy debates from the vantage point of the Middle East. Leading scholars, representing several disciplines, contribute both thematic and country-specific analyses. Their writings critically examine major issues in political economy—notably, the mutual constitution of states, markets, and classes; the co-constitution of class, race, gender, and other forms of identity; varying modes of capital accumulation and the legal, political, and cultural forms of their regulation; relations among local, national, and global forms of capital, class, and culture; technopolitics; the role of war in the constitution of states and classes; and practices and cultures of domination and resistance. Visit politicaleconomyproject.org for additional media and learning resources.
An exploration of the domestic and international pressures that affect economic policy and performance in the Arab states. Paul Rivlin finds that during the last decade of the 20th century these pressures combined to simultaneously foster change and limit available policy options.
