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A New Arab Social Contract? - Institutional Perspectives for Economic Reform in Arab Countries (Hardcover, 1st ed. 2020)
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A New Arab Social Contract? - Institutional Perspectives for Economic Reform in Arab Countries (Hardcover, 1st ed. 2020)
Series: Economic Geography
Expected to ship within 10 - 15 working days
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This monograph offers a unique conceptual bridge between economic
geography and Middle Eastern political economy. Arab economies are
confronted with enormous structural difficulties such as high rates
of youth unemployment in a challenging demographic context,
exacerbated by intense spatial disparities. These structural
problems demonstrate the breakdown of the "Arab social contract", a
social arrangement centered on a strong role of the state in
welfare and employment provision, for which regimes demanded
acquiescence to authoritarian rule. The book argues that the Arab
social contract can be understood in terms of regulation theories
known in economic geography and sociology. It uses the approaches
such as the regulation school, national systems of innovation,
social systems of production, and varieties of capitalism to
analyze the structural difficulties of Arab economies and current
reform efforts. The basic assumption is that Arab economies are
currently faced with a structural crisis. After the breakdown of
the Arab social contract, there is a mismatch between the economic
and institutional spheres of society. The challenge is for Arab
societies to develop new forms of socio-institutional regulation.
The book proposes ways towards such new modes of regulation by
developing a framework for regulation specifically targeted towards
Arab societies, and by applying it to the cases of Tunisia and
Jordan.
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