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The Rentier State (Routledge Library Editions: Politics of the Middle East)From Routledge
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This volume, first published in 1987, is devoted to a discussion of interrelations of the economic base with the cultural, social and political structures, and of its impact on the state. The ‘rentier states’ of the Middle East, which derive a substantial part of their revenue from foreign sources in the form of rent, largely oil revenues, face the same basic problem, the challenge of transforming their economies to give increased strength to productive activity and rely on its progress to increase state revenue from domestic sources. This book, Volume Two in the Nation, State and Integration in the Arab World research project carried out by the Istituto Affari Internazionali, examine the issue of the modernization of rentier states’ public finance, which may well entail important modifications in their domestic politics.
- Sales Rank: #10302882 in Books
- Published on: 2015-07-20
- Original language: English
- Number of items: 1
- Dimensions: .0" h x .0" w x .0" l, .0 pounds
- Binding: Hardcover
- 252 pages
About the Author
Giacomo Luciani is Professor of Economics at the University of California, Los Angeles, and author of "The Oil Companies and the Arab World: The Structure of the International Oil Industry in the 1980s"
Most helpful customer reviews
1 of 1 people found the following review helpful.
accurate analysis and prognostication
By Hamada Kaido
i'm writing this before reading the whole book but its a collection of articles so the different chapters are discrete units under a common theme of the economies of the arab world with a good deal on the economies of their oil producing GCC members.
reading this book more than twenty years after it was published is fascinating as so many of the issues and repercussions mentioned have either come true or held true and the state of the region has not improved considerably but even regressed in many cases.
consider the following excerpt from the book that i found interesting:
"the oil states today face tremendous challenges, as oil revenues start to decline. Few expected that the decline would come so soon. Everybody knew it would come, but it was expected later rather than sooner."
this is almost like seeing history repeat itself in real time.
worth a look if you're interested in the field.
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