Social and Economic Development in the Arab Gulf (RLE Economy of Middle East)

Social and Economic Development in the Arab Gulf (RLE Economy of Middle East)
Author: Tim Niblock
Publisher: Routledge
Total Pages: 243
Release: 2015-05-15
Genre: Social Science
ISBN: 131759178X

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.

The Impact of Oil Revenues on Arab Gulf Development

The Impact of Oil Revenues on Arab Gulf Development
Author: M.S. El Azhary
Publisher: Taylor & Francis
Total Pages: 216
Release: 2023-05-09
Genre: Social Science
ISBN: 1000944565

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.

Monetary Union in the Gulf

Monetary Union in the Gulf
Author: Emilie Rutledge
Publisher: Routledge
Total Pages: 160
Release: 2008-07-30
Genre: Business & Economics
ISBN: 1134046316

This book examines the proposed currency union of the Gulf Co-operation Council (GCC) Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates which is due to come into effect in 2010.

The Political Economy of Arab Gulf States

The Political Economy of Arab Gulf States
Author: Kristian Ulrichsen
Publisher:
Total Pages: 0
Release: 2012
Genre: Arabian Peninsula
ISBN: 9780857939876

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.

Dynamics of Change in the Persian Gulf

Dynamics of Change in the Persian Gulf
Author: Anoushiravan Ehteshami
Publisher: Routledge
Total Pages: 306
Release: 2013-03-05
Genre: Political Science
ISBN: 113507285X

The Persian Gulf has come to represent one of the most strategically significant waterways of the world. In terms of geography, geopolitics, resources, global political economy, and regional influence, the Gulf is perhaps home to the world’s most significant group of countries. Focusing on the complexities of the interplay between domestic-level changes and region-wide interactions, this book presents the reader with the first comprehensive survey of the dynamics of change in this crucial area. Systemic-oriented in its approach, the impact of war and revolution on the countries of the sub-region is discussed, and the ways in which these factors have shaped the security dilemmas and responses of the Gulf States is also explored. The role of oil is examined in terms of the impact of its income on these states and societies, and the manner in which oil has shaped the integration of these states into the global system. Oil has shrunk developmental time in these countries, and has accelerated generational shift. At the same time, it has created the dialectical relationship which now characterizes the difficult balance between prosperity and instability which is at the heart of the sub-region. Casting new light on the workings of a strategically significant part of the international system, this book will be an essential resource for students and scholars of international relations, international security and Middle Eastern politics.

Oil and the political economy in the Middle East

Oil and the political economy in the Middle East
Author: Martin Beck
Publisher: Manchester University Press
Total Pages: 205
Release: 2021-08-17
Genre: Political Science
ISBN: 1526149087

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.

The Saudi Arabian Economy

The Saudi Arabian Economy
Author: Mohamed A Ramady
Publisher: Springer Science & Business Media
Total Pages: 501
Release: 2005-12-05
Genre: Business & Economics
ISBN: 0387249354

In this unique text, Mohamed Ramady develops a framework for studying fundamental challenges to the modern Saudi Arabian economy. Public and private sector topics include: - The hydrocarbon and minerals sector, including a new model of mining privatization and cooperation - The impact of small and medium sized businesses - The evolving role of "family" businesses - The growing role of women in the Saudi economy - Shifting trade patterns - The Saudi "offset" technology transfer program The author offers an analysis of key challenges facing the Saudi economy, including the potential costs and benefits of privatization, globalization, and eventual membership in the WTO. Employment, education, economic and social stability, and Saudi Arabia’s place in the Gulf Cooperation Council are offered as keys to the consensus building needed to ensure the Kingdom’s healthy economic future. Mohamed Ramady teaches in the Department of Finance and Economics, King Fahd University of Petroleum and Minerals.

Economic Development in the Gulf Cooperation Council Countries

Economic Development in the Gulf Cooperation Council Countries
Author: Héla Miniaoui
Publisher: Springer Nature
Total Pages: 217
Release: 2020-10-26
Genre: Political Science
ISBN: 9811560587

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.

The New Post-Oil Arab Gulf

The New Post-Oil Arab Gulf
Author: Nabil Sultan
Publisher: Saqi
Total Pages: 155
Release: 2012-01-16
Genre: Business & Economics
ISBN: 0863568408

The sharp increase in oil revenues since 2002 has left the Arab Gulf States with billions of petro-dollars. But how will these countries fare in the post-oil era? The rulers of these states are taking serious measures to ensure the survival of their economies, and indeed their regimes, in a world with scarce mineral resources. This volume explores the extent to which these countries have been and will be able to prepare for the future by transforming themselves into serious international destinations for tourism, finance, healthcare and education. It also considers the implications of failure for the future survival of their regimes. This study will provide food for thought for academi, policy makers and general readers. 'An incisive enquiry into an exciting region, the authors leave no stones unturned. It is bold in its examination of both the history and the crucial changes being wrought throughout the Gulf. The book, which has been fashioned with both detailed knowledge and academic rigour, will be of huge advantage to anyone seeking a practical chart to the region. The contributors have not been restrained in drawing examples of the Gulf States over-reaching themselves to danger points in the economic downturn. The severe lessons learned have been studiously researched. The fresh opportunities, political, economic, social and technological, are concisely considered. No matter where your interests lie, this is a solid foundation from which to build a 'Way Ahead' policy for the region.' -- Charles Wilson, Director of The Consultancy, an international human resources business with Gulf experience