Oil and the Political Economy in the Middle East : Post-2014 Adjustment Policies of the Arab Gulf and Beyond
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| Title: | Oil and the Political Economy in the Middle East : Post-2014 Adjustment Policies of the Arab Gulf and Beyond |
|---|---|
| Description: | 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. |
| Authors: | Martin Beck, Thomas Richter |
| Resource Type: | eBook. |
| Subjects: | Petroleum industry and trade--Middle East--History--21st century |
| Categories: | POLITICAL SCIENCE / Political Economy, POLITICAL SCIENCE / Public Policy / Economic Policy, TECHNOLOGY & ENGINEERING / Petroleum, POLITICAL SCIENCE / World / Middle Eastern |
| Database: | eBook Collection (EBSCOhost) |
| FullText | Links: – Type: ebook-pdf – Type: ebook-epub Text: Availability: 0 |
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| Header | DbId: nlebk DbLabel: eBook Collection (EBSCOhost) An: 2966488 RelevancyScore: 1103 AccessLevel: 6 PubType: eBook PubTypeId: ebook PreciseRelevancyScore: 1103.19409179688 |
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| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=2966488 |
| RecordInfo | BibRecord: BibEntity: Classifications: – Code: 338.27280956 Scheme: ddc Type: prePub Languages: – Code: eng Text: English Subjects: – SubjectFull: Petroleum industry and trade--Middle East--History--21st century Type: general Titles: – TitleFull: Oil and the Political Economy in the Middle East : Post-2014 Adjustment Policies of the Arab Gulf and Beyond Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Martin Beck – PersonEntity: Name: NameFull: Thomas Richter – PersonEntity: Name: NameFull: Martin Beck – PersonEntity: Name: NameFull: Thomas Richter IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 01 Type: published Y: 2021 – D: 23 M: 07 Type: profile Y: 2021 Identifiers: – Type: isbn-print Value: 9781526149091 – Type: isbn-electronic Value: 9781526149084 – Type: isbn-electronic Value: 9781526149107 Titles: – TitleFull: Oil and the Political Economy in the Middle East : Post-2014 Adjustment Policies of the Arab Gulf and Beyond Type: main |
| ResultId | 1 |
