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The Militarization of the Persian Gulf - An Economic Analysis (Hardcover)
Loot Price: R2,946
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The Militarization of the Persian Gulf - An Economic Analysis (Hardcover)
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The Persian Gulf is arguably the most militarized region in the
world. The authors of this insightful book examine military
expenditures, arms imports and military deployment to analyze how
and why this came to be. Muslim teachings have much to say about
peace, war and economics, and this book explores the ways in which
Islamic thought affects military and economic developments.The
authors find that heavy militarization is the result of a
combination of factors, including oil wealth disparities among the
countries in the region, high oil revenues, corruption and foreign
interference. The authors detail and discuss these factors, and
follow this analysis with an assessment of the effects of high
military expenditures - wars, conflicts, regional instability - and
their heavy economic toll in retarding development and growth. The
book concludes by suggesting ways that military expenditures may be
reduced to benefit regional peace, stability and economic
prosperity. Scholars and students in economics, political science
and international affairs as well as anyone interested in the
Middle East will find this book timely and illuminating.
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