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Political Economy of the Persian Gulf by Mehran Kamrava

Political Economy of the Persian Gulf

by Mehran Kamrava
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Book cover type: Hardcover
  • ISBN13: 9780199327799
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Oxford University Press
  • Publisher Imprint: Oxford University Press
  • Publication Date:
  • Pages: 276
  • Original Price: USD 42.95
  • Language: English
  • Edition: N/A
  • Item Weight: 499 grams
  • BISAC Subject(s): Political Economy

Change occurs rapidly in the Persian Gulf. While some states have capitalised on the fast-paced nature of globalised fiscal transactions and have become important markets for foreign investment, others have fallen victim to such speculations. The "Dubai Model" of economic diversification is being re-evaluated as the GCC states continue to seek the best means of organizing their economies and competing within the global order.

Explaining the different ways in which globalising forces have shaped new dimensions to the political economy of the Persian Gulf states, this book evaluates the changes that have occurred, especially in light of the ongoing global economic crisis. Mutually beneficial rentier arrangements have guided the GCC countries formation of oil-based economies and labor relations in the past, but will this necessarily be the case in the future? This book addresses key issues including discussion on the future demographic aspects of the GCC; the feasibility of establishing a GCC monetary union; the effects of rentierism on state autonomy; and analysis of sovereign wealth funds and Islamic banking models.

Mehran Kamrava is the Director of the Center for International and Regional Studies at Georgetown University in Qatar. He is the author of a number of journal articles and books, including, most recently, The Modern Middle East: A Political History Since the First World War, and Iran's Intellectual Revolution. He has also edited The New Voices of Islam: Rethinking Politics and Modernity, and, with Manochehr Dorraj, Iran Today: An Encyclopedia of Life in the Islamic Republic.

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