Download Capitalism and Class in the Gulf Arab States by Adam Hanieh PDF

By Adam Hanieh

Retail quality

The six Arab states of the Gulf Cooperation Council (GCC) play an more and more trendy function within the international economic system and in the course of the broader center East zone. This e-book analyzes the new improvement of Gulf capitalism via to the aftermath of the 2008 fiscal concern. Situating the Gulf in the evolution of capitalism at a world scale, it offers a unique theoretical interpretation of this significant zone of the center East political financial system. observed via an in depth empirical research of all sectors of the GCC economic climate, the e-book argues new capitalist classification, Khaleeji Capital, is forming within the Gulf - with profound implications for the center East as an entire.

Show description

Read Online or Download Capitalism and Class in the Gulf Arab States PDF

Similar capitalism books

Pre-Capitalist Economic Formations

Pdf experiment. stable quality.

These notes of 1857-58 throw mild on Marx's perspectives about the epochs of society and their evolutionary levels. vital for knowing the procedure of old materialism, and as heritage for extra improvement of the Marxist learn of background.

Introduction by way of Eric J. Hobsbawm.

Reification: or the Anxiety of Late Capitalism

Of the entire strategies that have emerged to explain the consequences of capitalism at the human global, none is extra picture or simply grasped than “reification”—the approach through which women and men are became gadgets, issues. bobbing up out of Marx’s account of commodity fetishism, the idea that of reification bargains an unrivalled instrument with which to give an explanation for the genuine results of the ability of capital on cognizance itself.

Towards New Developmentalism: Market as Means rather than Master (Routledge Studies in Development Economics)

Shahrukh Rafi Khan, Jens Christiansen (eds. )

The worldwide monetary and financial trouble beginning in 2007 has provoked the exploration of possible choices to neo-liberalism. even if neo-liberalism has been critiqued from quite a few views, those evaluations haven't coalesced right into a concrete substitute in improvement economics literature. the most aim of this ebook is to call and formulate this substitute, determine what's new approximately this standpoint, and undertaking it directly to the tutorial landscape.

This e-book comprises contributions from many renowned improvement economists who're unified through a kind of "developmental pragmatism". Their difficulty is with the issues of improvement that preoccupied the pioneers of financial improvement within the mid-twentieth century, referred to as the developmentalists. just like the developmentalists, the participants to in the direction of New Developmentalism are policy-oriented and supportive of institutional improvement and engagement with fiscal globalization. This assortment has an over-arching drawback with selling social justice, and holds the final view of the marketplace because the capacity to affecting another software of improvement instead of as a grasp whose dictates are to be obeyed with no question.

This very important assortment units the schedule for brand new developmentalism, drawing on concerns similar to business coverage, know-how, festival, progress and poverty. In huge phrases, the commercial improvement debate is forged by way of no matter if the industry is the grasp, an ideological neo-liberal standpoint, or the ability to impact switch as recommended by way of the pragmatic point of view that's being termed neo-developmentalism. This booklet might be important interpreting to postgraduates and researchers specialising within the zone of improvement experiences together with inside of economics, diplomacy, political technological know-how and sociology.


Part 1: creation
1. Exploring and naming an monetary improvement replacement Shahrukh Rafi Khan

Part 2: Conceptual matters and a brand new developmentalist time table

2. The industry as skill instead of grasp: The concern of improvement and the longer term function of the kingdom Robert Wade

3. Hamlet with out the Prince of Denmark: How improvement has disappeared from today’s ‘development’ discourse Ha-Joon Chang

4. The economics of failed, failing, and fragile states: effective constitution because the lacking hyperlink Erik S. Reinert, Yves Ekoué Amaïzo, and Rainer Kattel

Part three: Neo-liberal constraints at the coverage schedule

5. The pernicious legacy of the rent-seeking paradigm Helen Shapiro

6. Cementing neo-liberalism within the constructing international: Ideational and institutional constraints on coverage house Ilene Grabel

7. household source mobilization for a new-developmentalist technique within the age of globalization: The monetary area quandary in Latin the United States Luis Abugattas and Eva Paus

8. funding treaties as a constraining framework Gus Van Harten half four: Case experiences in pro-active executive

9. executive reform and commercial improvement in China and Mexico Kevin P. Gallagher and M. Shafaeddin

10. development and improvement in Africa: demanding situations and possibilities Leonce Ndikumana half five: end: relocating to possible choices

11. Climate-resilient commercial improvement paths: layout rules and replacement versions Lyuba Zarsky

12. in the direction of new developmentalism: context, application and constraints Shahrukh Rafi Khan

Additional resources for Capitalism and Class in the Gulf Arab States

Example text

In the other nations of the world,” without which “the very existence of our own economy and our own democracy will be gravely threatened” (Jones J. 1955, p. 156; McCormick 1987, p. 77). The reality of these interests had been outlined earlier in a 1945 State Department memo, which called Saudi Arabia’s oil supplies “a stupendous source of strategic power, and one of the greatest material prizes in world history” (US Department of State 1945). The shift away from British toward US power was reflected in the breakdown of ownership of these “stupendous” supplies—between 1940 and 1967, British ownership of Middle Eastern oil reserves dropped from 72 percent to 30 percent while American control grew from 10 percent to 60 percent (Harvey 1999, p.

Indd 23 5/6/2011 5:51:00 PM 24 ● Capitalism and Class in the Gulf Arab States In short, each of the Gulf circuits of capital is increasingly articulated at a pan-GCC level, reflected in the patterns of cross-border investment flows, intra-GCC trade, joint ventures, the establishment of branches and representative offices, and so forth. As the circuits are elaborated and interlocked regionally, the leading Gulf capitalists come to conceptualize and view their accumulation through the “regional” lens.

This data, however, only partially captures the nature of internationalization in the GCC and the development of specific sectors. indd 27 5/6/2011 5:51:01 PM 28 ● Capitalism and Class in the Gulf Arab States empirical study is the micro-level analysis of firms and companies. In particular, much of the analysis focuses on the interpenetration of capitalist social relations as reflected through joint ownership structures and interlocking directorships at the company level. This micro-level analysis (involving an examination of over 500 GCC companies, financial institutions, and projects) captures the “fine” process of internationalization that is not revealed through typical macro aggregates.

Download PDF sample

Rated 4.80 of 5 – based on 27 votes