Gulf Politics And Economics In A Changing World


Book Description

The wave of uprisings that has engulfed the Arab world since 2011 has impacted the Gulf significantly, however much the region appears to have remained unscathed. In Bahrain, the regime cracked down on protestors with the help of Saudi forces, and increasing Gulf tensions with Iran, political chaos in Yemen, and rumblings among unemployed youth throughout the Gulf Cooperation Council (GCC) states all complicate the facade of Gulf stability. In addition, ties with the United States appear to be weakening; regional politics are varied and changing, particularly with the rise of India and China; Gulf governance is often oppressive; and GCC economies are even more tied to rentier practices of distribution to keep populations satisfied and in check.Gulf Politics and Economics in a Changing World addresses these aspects of political and economic life in the GCC, Iran, and Iraq in order to assess the present situation. It also offers analysis and predictions as to what the future of this important area of the greater Middle East may hold. The volume, which features contributions from some of the best scholars in the field of Gulf studies in the United States, the Middle East, Europe, and Asia, provides an in-depth and critical look at the region.




The Transformation of the Gulf


Book Description

This book examines the political, economic and social transformation of the six member-states of the Gulf Cooperation Council (GCC) and the ways in which these states are both shaping, and being reshaped by, the processes of globalisation. Adopting a multidisciplinary approach, the volume combines thematic chapters focusing on issues such as globalisation, nationalism and identity, political thinking, and economic diversification and redistributive policymaking with empirical chapters studying specific aspects of reform and change: the emergence of governing markets the rise of Sovereign Wealth Funds Islamic Finance the relationship between energy and sustainability trends in foreign aid donorship, strategic and foreign policy formulation. Contributions from experts in the field provide cutting-edge snapshots of a region in flux and collectively offer a roadmap of its repositioning in the global order, examining the interaction between global processes and internal dynamics of change and resistance that inject new dimensions into debates over the loci of local and global transformations and the manner in which each plays off the other. Situating the Gulf States firmly within their global twenty-first century context, this book will hold particular appeal to theorists of globalisation as well as to scholars of comparative politics, international political economy and area studies.




Dynamics of Change in the Persian Gulf


Book Description

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.




Economic Diversification in the Gulf Region, Volume I


Book Description

This volume focuses on the role of the private sector in diversifying the economics of Gulf countries in the post-petrodollar era, when fluctuating and declining oil prices are negatively impacting national expenditures. It explores current policies of countries in the Gulf Cooperation Council and their efforts to shift their economies away from heavy dependence on hydrocarbons. The structural changes will create favorable conditions for the private sector to flourish, shift production dependence from public to private sector, and allow for more efficient resource allocation. Such changes will also allow local banks to provide financial support to small and medium enterprises, boost entrepreneurship for job creation, and strengthen organizational structure and efficiency. This is the first volume in Economic Diversification in the Gulf Region.




Globalization and the Gulf


Book Description

For centuries, the Arabian Gulf has been a crossroads where seafaring people and Bedouins alike travelled great distances transacting business. Events of the past few years, both good and bad, have directed the world’s attention to the Arabian Peninsula, where a rich cultural tradition is rapidly incorporating the latest innovations from around the world. This is the process of globalization. New economies create enormous potential, but it will require great care for the people of the region to steer through a period of profound change. Political and economic interests intent on maintaining the flow of petroleum products on one hand, and people in the Gulf region who assess their won interests from quite a different perspective, on the other, exert pressures from conflicting directions. Reconciling these interests in a time of rapid globalization poses enormous challenges. This timely volume brings together the work of scholars from both the Middle East and the West who have the expertise to evaluate the interaction of new ideas, new technologies and new economies. Brought together by the American University of Sharjah and the Sociological Association of the UAE, the contributors reflect on both the process of globalism and on the traditions of Gulf society and culture, offering views on how these trends interact within the global system.




The Gulf Cooperation Council at Forty


Book Description

All of the GCC countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates—are undergoing historic socio-economic transitions. They are facing enormous strains on public finances and challenging economic outlooks, due to fluctuating oil prices, demographic pressures, high unemployment rates, and a lack of economic diversification. These countries also are likely to feel the rising impact of climate change, and global policies to deal with it, over the coming decades. In addition, seemingly unstoppable shifts in the long-standing international order, notably the rise of China and uncertainties about U.S. leadership, have potentially serious implications for the Middle East and beyond. This by noted scholars and experts considers the key trends shaping Gulf Cooperation Council (GCC) countries--Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirate-- ranging from the COVID-19 pandemic, to climate change, economic disruptions, demographics and other domestic concerns, and shifts in the global order. The book’s chapters address such questions as: How will global megatrends impact the GCC? How can GCC states adjust and diversify their economies to meet the dual challenges of fluctuating oil prices and climate change? How can these states adjust their labor markets to absorb and support women and youth? How will inter GCC disagreements impact the region moving forward? And how will GCC relations with international actors shift in the coming years? This timely book, with its comprehensive analyses and policy recommendations, will be of interest to a wide range of readers interested in the GCC region, including policymakers, academics, and researchers at think tanks and nongovernmental organizations.




Political Change in the Arab Gulf States


Book Description

Explores the politics influencing the volatile situation in the Middle East, as well as specific measures devised by regimes in power to adjust to the challenges of the current environment.




The Future of the Gulf Region


Book Description

This book studies values and attitudes in the Gulf region. In light of global power shifts, the threatening collapse of internal security in the West, and uncertainty about the current leadership vacuum in world society, this book explores a future leading role of the Gulf countries in such institutions as the G-20 and the OECD. Based on rigorous analysis of macro-level data and opinion surveys with relevance for the Gulf region, it analyzes the global macro-factors shaping the Gulf's future at a time of the global COVID-19 crisis and depression and rising global tensions. Starting with an empirical time series analysis of the long cycles of global politics and economics, it highlights the implications for the Gulf region. Offering a multivariate analysis of civil society values in the Gulf, the author analyzes value changes and attitudes on antisemitism, political Islam, internal security, democracy, and other issues of Arab politics. The partially optimistic conclusions of the study testify to the underestimated and incipient maturity of the Gulf’s civil society and strongly suggest that the Gulf's future is rather with the free societies of the West and not with a Neo-Ottoman Empire in whatever form. "Exceptional in scope and right up-to-the-minute in coverage" Brian M Pollins, Associate, Professor Emeritus, The Ohio State University. "An outstanding and topical book by an astute scholar of the MENA region" Professor Hussein Solomon, Academic Head of Department, Political Studies and Governance, University of the Free State, South Africa. "The most comprehensive and insightful study on the subject to date" Manfred B. Steger, Professor of Sociology, University of Hawai'i at Manoa and Global Professorial Fellow, Western Sydney University.




The Political Economy of the Persian Gulf


Book Description

Some Persian Gulf states have capitalized on the quick pace of globalized fiscal transactions, transforming themselves into important markets for foreign investment. Others have fallen victim to such risky speculation. This has led the Gulf Cooperation Council (GCC) to reevaluate the integrity of the "Dubai Model" of economic diversification, as they search for an ideal method to organize their economies and compete within the global order. While exploring the greater dimensions that globalizing forces have brought to the political economies of Persian Gulf states, this book also considers recent changes instituted during and following the global economic crisis of 2008. While mutually beneficial rentier arrangements have guided the GCC countries' formation of oil-based economies and labor relations in the past, will this necessarily be true in the future? In addition to addressing this key concern, this volume confronts future demographic changes within GCC countries; the feasibility of establishing a GCC monetary union; the effects of rentierism on state autonomy; and the successes and failures of sovereign wealth funds and Islamic banking models.




The Changing Security Dynamics of the Persian Gulf


Book Description

The contradictory trends of the 'post-Arab Spring' landscape form both the backdrop to, and the focus of, this volume on the changing security dynamics of the Persian Gulf, defined as the six GCC states plus Iraq and Iran. The political and economic upheaval triggered by the uprisings of 2011, and the rapid emergence of the Islamic State of Iraq and Syria in 2014, have underscored the vulnerability of regional states to an intersection of domestic pressures and external shocks. The initial phase of the uprisings has given way to a series of messy and uncertain transitions that have left societies deeply fractured and ignited violence both within and across states. The bulk of the protests, with the notable exception of Bahrain, occurred outside the Gulf region, but Persian Gulf states were at the forefront of the political, economic, and security response across the Middle East. This volume provides a timely and comparative study of how security in the Persian Gulf has evolved and adapted to the growing uncertainty of the post-2011 regional landscape.