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This is the first comprehensive analysis of the Middle East political economy in response to the oil price decline in 2014. Based on a heuristic framework inspired by rentierism, the volume contains original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
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Table of Contents
- Front matter
- Dedication
- Contents
- Figures
- Tables
- Contributors
- Preface
- Acknowledgements
- Note on transliteration
- Abbreviations
- Pressured by the decreased price of oil: Post-2014 adjustment policies in the Arab Gulf and beyond
- Upgrading towards neoclassical rentier governance: Bahrain’s post-2014 oil price decline adjustment
- Stalled reform: The resilience of rentierism in Kuwait
- Oil price collapse and the political economy of the post-2014 economic adjustment in the Sultanate of Oman
- Qatar: Leadership transition, regional crisis, and the imperatives for reform
- The nexus between state-led economic reform programmes, security, and reputation damage in the Kingdom of Saudi Arabia
- Federal benefits: How federalism encourages economic diversification in the United Arab Emirates
- Egypt’s twisted hydrocarbon dependency: A case of persistent semi-rentierism
- Oil and turmoil: Jordan’s adjustment challenges amid local and regional change
- Lower oil prices since 2014: Good news or bad news for the Lebanese economy?
- Oil and the political economy in the Middle East: Overcoming rentierism?
- Index
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