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The Middle East Economies in Times of Transition

Ishac Diwan - Personal Name; Ahmed Galal - Personal Name;

On the growth question, the book looks into the extent of structural transformation of the economy, the political economy reasons for the lack of structural change, and the external conditions in the EU and in the GCC that underpin the lack of structural change. On inequality, the book offers new measures of equality of opportunity in human development and in the job market, and it also reviews the complex political economy of subsidy removal. Regarding natural resources, the volume provides three innovations: connecting the notion of 'oil curse' to the global phenomena of asset bubbles; evidence that resource curse effects do not rise monotonically with the size of the resource rent, but rather, according to an inverted U shape; and an extension of the concept of rent to the other non-oil rents that are also predominant in the region. Finally, the volume places the political transition in the region in a global perspective using various methods – theoretical, comparative, and empirical, and it explores the relationship between democracy in its variety of forms and economic development.


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Detail Information
Series Title
International Economic Association Series
Call Number
-
Publisher
Palgrave Macmillan London : Palgrave Macmillan London., 2016
Collation
XX, 359
Language
English
ISBN/ISSN
978-1-137-52977-0
Classification
NONE
Content Type
text
Media Type
computer
Carrier Type
-
Edition
-
Subject(s)
International Political Economy’
Specific Detail Info
-
Statement of Responsibility
Editors: Ishac Diwan, Ahmed Galal
Other Information
Cataloger
Jemadi
Source
https://link.springer.com/content/pdf/10.1007/978-1-137-52977-0.pdf?pdf=button
Validator
-
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  • The Middle East Economies in Times of Transition
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