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A History of Middle East Economies in the Twentieth Century (Paperback)
Loot Price: R1,559
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A History of Middle East Economies in the Twentieth Century (Paperback)
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This important book on economic development in the modern Middle
East examines, for the first time, the separate national economies
of the Arab states, including the Gulf, Israel, and Turkey, from
1918 to the present. It describes the main trends within each
economy based on the best available statistical data, and answers
larger questions concerning the long-term growth of the countries,
first in the colonial period, then in the periods characterized by
planning and development, followed by the first steps toward
liberalization and structural adjustment. It evaluates government
policy in promoting the protection of imports and in advancing
market economies. Policies employed by the oil-producing states to
build new institutional structures based on near unlimited supplies
of capital and labor are also examined. The Middle East economies
are placed in their proper international context, and questions of
colonialism and labor migration are discussed. The authors evaluate
where the Middle Eastern economies are now, and speculate about how
they may develop in the future.
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