The Wages of Oil

Parliaments and Economic Development in Kuwait and the UAE

Datos Bibliográficos

ID19992157
AutoresMichael Herb (0000-0001-6847-7057, autor de correspondencia)
Año2014
Páginas242
Fecha de publicación2014-11-13
Open AccessNo
TipoBOOK
RevistaThe wages of oil (SOURCE_BOOK)
EditorialCornell University Press (PUBLISHER)
DOI10.7591/cornell/9780801453366.001.0001
OpenAlexW4235756803
Open LibraryOL26705017M
ISBN9780801453366
IdiomaEN
Citas recibidas50

The contrast between Kuwait and the United Arab Emirates today illustrates the vastly different possible futures facing the smaller states of the Gulf. Dubai's rulers dream of creating a truly global business center, a megalopolis of many millions attracting immigrants in great waves from near and far. Kuwait, meanwhile, has the most spirited and influential parliament in any of the oil-rich Gulf monarchies. This book provides a robust framework for thinking about the future of the Gulf monarchies. The Gulf has seen enormous changes in recent years, and more are to come. The book explains the nature of the changes we are likely to see in the future. It asks why Kuwait is far ahead of all other Gulf monarchies in terms of political liberalization, but behind all of them in its efforts to diversify its economy away from oil. The book compares Kuwait with the United Arab Emirates, which lacks Kuwait's parliament but has moved ambitiously to diversify. It reflects the importance of both politics and economic development issues for decision-makers in the Gulf. The book develops a political economy of the Gulf that ties together a variety of issues usually treated separately: Kuwait's National Assembly, Dubai's real estate boom, the paucity of citizen labor in the private sector, class divisions among citizens, the caste divide between citizens and noncitizens, and the politics of land

Boom · Economics · Economy · Futures contract · Immigration · Liberalization · Monarchy · Parliament · Political economy · Political science · Politics · Real estate · Engineering · Law · Middle East and Rwanda Conflicts · Socioeconomic Development in MENA · asia · Democratization · Economic development · Kuwait · Middle east · Petroleum industry and trade · Political aspects · politics and government · United arab emirates