The economy of the Gulf states:
The six Arab monarchies of the Persian Gulf - Bahrain, Kuwait, Qatar, Oman, Saudi Arabia and the United Arab Emirates - have a disproportionate importance in the global economic system because of their enormous reserves of oil and gas. <br><br>Matthew Gray provides a brief yet comprehens...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Newcastle upon Tyne
Agenda Publishing Limited
August 2023
|
| Schriftenreihe: | World economies
|
| Schlagworte: | |
| Online-Zugang: | BSB01 UBG01 Volltext |
| Zusammenfassung: | The six Arab monarchies of the Persian Gulf - Bahrain, Kuwait, Qatar, Oman, Saudi Arabia and the United Arab Emirates - have a disproportionate importance in the global economic system because of their enormous reserves of oil and gas. <br><br>Matthew Gray provides a brief yet comprehensive profile of these six Gulf states and their modern political economy. Focusing on the postwar period, particularly the last twenty years, he examines the key factors that have shaped these nations' economies and enabled them to bypass typical development pathways. <br><br>The book explores how the combination of rentierism, state ownership of key firms and assets, and the use of patron-client networks to distribute favours and opportunities, has created a very effective strategy for regime maintenance and durability. However, the book also outlines how cooptive bargains with society have given the Gulf states a unique set of economic problems, including low levels of innovation and entrepreneurship, reliance on foreign workers and an inflated public sector. With the global demand for hydrocarbons set to decline, the need for the Gulf states to diversify their economies, expand the private sector, and build a more diverse taxation base has become ever more pressing. The book explains the importance of these challenges, which, along with those of geography, regional security, rapidly growing populations, and sectarianism are likely to test the Gulf's new generation of leaders |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 24 Aug 2023) |
| Beschreibung: | 1 Online-Ressource (xvi, 254 Seiten) |
| ISBN: | 9781788211857 |
| DOI: | 10.1017/9781788211857 |
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| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/9781788211857 |
| format | Electronic eBook |
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| geographic_facet | Persian Gulf Region / Economic conditions Persian Gulf Region / Economic policy Persian Gulf Region / Politics and government |
| id | DE-604.BV049464267 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T23:15:27Z |
| indexdate | 2024-07-10T10:07:58Z |
| institution | BVB |
| isbn | 9781788211857 |
| language | English |
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| physical | 1 Online-Ressource (xvi, 254 Seiten) |
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| publishDate | 2023 |
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| publisher | Agenda Publishing Limited |
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| spelling | Gray, Matthew 1970- (DE-588)1049159551 aut The economy of the Gulf states Matthew Gray Newcastle upon Tyne Agenda Publishing Limited August 2023 1 Online-Ressource (xvi, 254 Seiten) txt rdacontent c rdamedia cr rdacarrier World economies Title from publisher's bibliographic system (viewed on 24 Aug 2023) The six Arab monarchies of the Persian Gulf - Bahrain, Kuwait, Qatar, Oman, Saudi Arabia and the United Arab Emirates - have a disproportionate importance in the global economic system because of their enormous reserves of oil and gas. <br><br>Matthew Gray provides a brief yet comprehensive profile of these six Gulf states and their modern political economy. Focusing on the postwar period, particularly the last twenty years, he examines the key factors that have shaped these nations' economies and enabled them to bypass typical development pathways. <br><br>The book explores how the combination of rentierism, state ownership of key firms and assets, and the use of patron-client networks to distribute favours and opportunities, has created a very effective strategy for regime maintenance and durability. However, the book also outlines how cooptive bargains with society have given the Gulf states a unique set of economic problems, including low levels of innovation and entrepreneurship, reliance on foreign workers and an inflated public sector. With the global demand for hydrocarbons set to decline, the need for the Gulf states to diversify their economies, expand the private sector, and build a more diverse taxation base has become ever more pressing. The book explains the importance of these challenges, which, along with those of geography, regional security, rapidly growing populations, and sectarianism are likely to test the Gulf's new generation of leaders Persian Gulf Region / Economic conditions Persian Gulf Region / Economic policy Persian Gulf Region / Politics and government Erscheint auch als Druck-Ausgabe, Hardback 978-1-78821-000-3 Erscheint auch als Druck-Ausgabe, Paperback 978-1-78821-001-0 https://doi.org/10.1017/9781788211857 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Gray, Matthew 1970- The economy of the Gulf states |
| title | The economy of the Gulf states |
| title_auth | The economy of the Gulf states |
| title_exact_search | The economy of the Gulf states |
| title_exact_search_txtP | The economy of the Gulf states |
| title_full | The economy of the Gulf states Matthew Gray |
| title_fullStr | The economy of the Gulf states Matthew Gray |
| title_full_unstemmed | The economy of the Gulf states Matthew Gray |
| title_short | The economy of the Gulf states |
| title_sort | the economy of the gulf states |
| topic_facet | Persian Gulf Region / Economic conditions Persian Gulf Region / Economic policy Persian Gulf Region / Politics and government |
| url | https://doi.org/10.1017/9781788211857 |
| work_keys_str_mv | AT graymatthew theeconomyofthegulfstates |