"An indispensible survey of three decades of developments in the political economy of states on both sides of the Gulf including Iraq and Iran. Includes most recent information on sovereign wealth funds, Islamic banking and the attempts at monetary union as well as the inside story of the collapse of the Dubai property market. A must for all those interested in the impact of vast oil wealth in this strategically important region."--Roger Owen, Professor of Middle East History, Harvard University
"The book's central thematic interest is the growing significance of the Persian Gulf on the global stage and the concomitant socio-economic changes these countries have been experiencing for the last ten years...it presents a multi-faceted, subtle and complementary picture of the current economic dynamics in the GCC and Iran, the social and economic achievements, as well as the long-term trends plaguing the region's development...Undoubtedly, it is bound to become a key point of reference for any work on the economy and political economy of Iran and the Gulf monarchies and a prerequisite for researchers interested in the political economy of the Middle East and more broadly in post-rentier and developmental strategies in the region and elsewhere."--Dr. Marc Valeri, author of
Oman: Politics and Society in the Qaboos State"This unique collection, the first of its kind to focus explicitly on the political economy of the Persian Gulf countries as a group, brings together the best international scholars on the region to tackle issues of theoretical importance and political relevance."--F. Gregory Gause, III, Chair, Political Science Department, University of Vermont and author of
The International Relations of the Persian Gulf