Crony Capitalism In The Middle East

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Crony Capitalism In The Middle East

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Author : Ishac Diwan
language : en
Publisher: Oxford University Press
Release Date : 2019-05-23

Crony Capitalism In The Middle East written by Ishac Diwan and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-23 with Political Science categories.

The popular uprisings in 2011 that overthrew Arab dictators were also a rebuke to crony capitalism, diverted against both rulers and their allied businessmen who monopolize all economic opportunities. While the Middle East has witnessed a growing nexus between business and politics in the wake of liberalization, little is discussed about the nature of business cronies, the sectors in which they operate, the mechanisms used to favour them, and the possible impact of such crony relations on the region's development. Combining inputs from leading scholars in the field, Crony Capitalism in the Middle East: Business and Politics from Liberalization to the Arab Spring presents a wealth of empirical evidence on the form and function of this aspect of the region. Crony Capitalism in the Middle East is unique in both its empirical focus and comparative scale. Analysis in individual chapters is empirically grounded and based on fine-grained data on the business activities of politically connected actors furnishing, for the first time, information on the presence, numerical strength, and activities of politically connected entrepreneurs. It also substantially enhances our understanding of the mechanisms used to privilege connected businesses, and their possible impact on undermining the growth of firms in the region. It offers a major advance on our prior knowledge of Middle Eastern political economy, and constitutes a distinct contribution to the global literature on crony capitalism and the politics of development. The book will be an essential resource for students, researchers, and policymakers alike.

Crony Capitalism In The Middle East

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Author : Ishac Diwan
language : en
Publisher: Oxford University Press, USA
Release Date : 2019-05-28

Crony Capitalism In The Middle East written by Ishac Diwan and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-28 with categories.

The popular uprisings in 2011 that overthrew Arab dictators were also a rebuke to crony capitalism, diverted against both rulers and their allied businessmen who monopolize all economic opportunities. While the Middle East has witnessed a growing nexus between business and politics in the wake of liberalization, little is discussed about the nature of business cronies, the sectors in which they operate, the mechanisms used to favour them, and the possible impact of such crony relations on the region's development. Combining inputs from leading scholars in the field, Crony Capitalism in the Middle East: Business and Politics from Liberalization to the Arab Spring presents a wealth of empirical evidence on the form and function of this aspect of the region. Crony Capitalism in the Middle East is unique in both its empirical focus and comparative scale. Analysis in individual chapters is empirically grounded and based on fine-grained data on the business activities of politically connected actors furnishing, for the first time, information on the presence, numerical strength, and activities of politically connected entrepreneurs. It also substantially enhances our understanding of the mechanisms used to privilege connected businesses, and their possible impact on undermining the growth of firms in the region. It offers a major advance on our prior knowledge of Middle Eastern political economy, and constitutes a distinct contribution to the global literature on crony capitalism and the politics of development. The book will be an essential resource for students, researchers, and policymakers alike.

A Political Economy Of The Middle East

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Author : Melani Cammett
language : en
Publisher: Routledge
Release Date : 2018-03-22

A Political Economy Of The Middle East written by Melani Cammett and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-22 with Political Science categories.

A Political Economy of the Middle East is the most comprehensive analysis of developments in the political economy of the region over the past several decades, examining the interaction of economic development processes, state systems and policies, and social actors in the Middle East. The fourth edition, with new authors Melani Cammett and Ishac Diwan, has been thoroughly revised, with two new introductory chapters that provide an updated framework with which to understand and study the many changes in demography, education, labor markets, urbanization, water and agriculture, and international labor migration in the recent years. The new edition also includes: a new chapter that charts the political economy of the Gulf states and, in particular, the phenomenal growth of oil economies; a new chapter on the rise of "crony capitalism;" and increased coverage of the changes in civil society and social movements in the region, including an exploration of the causes, dynamics, consequences, and aftermath of the Arab uprisings.

Cleft Capitalism

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Author : Amr Adly
language : en
Publisher: Stanford University Press
Release Date : 2020-06-09

Cleft Capitalism written by Amr Adly and has been published by Stanford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-09 with History categories.

Egypt has undergone significant economic liberalization under the auspices of the International Monetary Fund, the World Bank, USAID, and the European Commission. Yet after more than four decades of economic reform, the Egyptian economy still fails to meet popular expectations for inclusive growth, better standards of living, and high-quality employment. While many analysts point to cronyism and corruption, Amr Adly finds the root causes of this stagnation in the underlying social and political conditions of economic development. Cleft Capitalism offers a new explanation for why market-based development can fail to meet expectations: small businesses in Egypt are not growing into medium and larger businesses. The practical outcome of this missing middle syndrome is the continuous erosion of the economic and social privileges once enjoyed by the middle classes and unionized labor, without creating enough winners from market making. This in turn set the stage for alienation, discontent, and, finally, revolt. With this book, Adly uncovers both an institutional explanation for Egypt's failed market making, and sheds light on the key factors of arrested economic development across the Global South.

Politics From Above Politics From Below

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Author : Eberhard Kienle
language : en
Publisher:
Release Date : 2003

Politics From Above Politics From Below written by Eberhard Kienle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.

Analysing developments in the Middle East, this book concludes that economic liberalization has failed to entail the continuous growth and widespread welfare gains expected by its proponents. Privatization and crony capitalism do not allow individuals to participate in the formation of decent social norms.

How Capitalism Failed The Arab World

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Author : Richard Javad Heydarian
language : en
Publisher: Zed Books Ltd.
Release Date : 2014-02-13

How Capitalism Failed The Arab World written by Richard Javad Heydarian and has been published by Zed Books Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-02-13 with Political Science categories.

Economic liberalization has failed in the Arab world. Instead of ushering in economic dynamism and precipitating democratic reform, it has over the last three decades resulted in greater poverty, rising income inequality and sky-rocketing rates of youth unemployment. In How Capitalism Failed the Arab World, Richard Javad Heydarian shows how years of economic mismanagement, political autocracy and corruption have encouraged people to revolt, and how the initial optimism of the uprisings is now giving way to bitter power struggles, increasing uncertainty and continued economic stagnation. A unique and provocative analysis of some of the key social and political events of the last decade.

Crony Capitalism And Economic Growth In Latin America

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Author : Stephen Haber
language : en
Publisher: Hoover Institution Press
Release Date : 2013-11-01

Crony Capitalism And Economic Growth In Latin America written by Stephen Haber and has been published by Hoover Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-01 with Business & Economics categories.

Crony capitalism systems—in which those close to political policymakers receive favors allowing them to earn returns far above market value—are a fundamental feature of the economies of Latin America. Haber and his expert contributors draw from case studies in Mexico, Brazil, and other countries around the world to examine the causes and consequences of cronyism.

Russia S Crony Capitalism

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Author : Anders Aslund
language : en
Publisher: Yale University Press
Release Date : 2019-05-23

Russia S Crony Capitalism written by Anders Aslund and has been published by Yale University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-23 with History categories.

A penetrating look into the extreme plutocracy Vladimir Putin has created and its implications for Russia’s future This insightful study explores how the economic system Vladimir Putin has developed in Russia works to consolidate control over the country. By appointing his close associates as heads of state enterprises and by giving control of the FSB and the judiciary to his friends from the KGB, he has enriched his business friends from Saint Petersburg with preferential government deals. Thus, Putin has created a super wealthy and loyal plutocracy that owes its existence to authoritarianism. Much of this wealth has been hidden in offshore havens in the United States and the United Kingdom, where companies with anonymous owners and black money transfers are allowed to thrive. Though beneficial to a select few, this system has left Russia’s economy in untenable stagnation, which Putin has tried to mask through military might.

Crony Capitalism

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Author : David C. Kang
language : en
Publisher: Cambridge University Press
Release Date : 2002-01-24

Crony Capitalism written by David C. Kang and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-01-24 with Business & Economics categories.

Even in Korea, corruption was far greater than the conventional wisdom allows - so rampant was corruption that we cannot dismiss it; rather, we need to explain it."--BOOK JACKET.

Seven Pillars

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Author : Michael Rubin
language : en
Publisher: AEI Press
Release Date : 2019-11-14

Seven Pillars written by Michael Rubin and has been published by AEI Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-14 with Political Science categories.

For decades, US foreign policy in the Middle East has been on autopilot: Seek Arab-Israeli peace, fight terrorism, and urge regimes to respect human rights. Every US administration puts its own spin on these initiatives, but none has successfully resolved the region’s fundamental problems. In Seven Pillars: What Really Causes Instability in the Middle East? a bipartisan group of leading experts representing several academic and policy disciplines unravel the core causes of instability in the Middle East and North Africa. Why have some countries been immune to the Arab Spring? Which governments enjoy the most legitimacy and why? With more than half the region under 30 years of age, why does education and innovation lag? How do resource economies, crony capitalism, and inequality drive conflict? Are ethnic and sectarian fault lines the key factor, or are these more products of political and economic instability? And what are the wellsprings of extremism that threaten not only the United States but, more profoundly, the people of the region? The answers to these questions should help policymakers and students of the region understand the Middle East on its own terms, rather than just through a partisan or diplomatic lens. Understanding the pillars of instability in the region can allow the United States and its allies to rethink their own priorities, adjust policy, recalibrate their programs, and finally begin to chip away at core challenges facing the Middle East. Contributors: Thanassis Cambanis Michael A. Fahy Florence Gaub Danielle Pletka Bilal Wahab A. Kadir Yildirim