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Zusatztext This meticulously detailed and extraordinarily timely analysis of economic statecraft in the context of the Gulf Arab States sheds valuable light on the political motivations and policy tools that are reshaping patterns of aid, development, and investment strategies across the Middle East and North Africa at a time of enormous volatility and great uncertainty in the global economic and energy landscape. Informationen zum Autor Karen E. Young is Senior Research Scholar at Columbia University in the Center on Global Energy Policy and also a Non-Resident Senior Fellow and Founding Director of the Program on Economics and Energy at the Middle East Institute, USA. Klappentext This book is a study of a shift in the politics and finance of development from one centered in the institutions and ideas of the post-World War II global political economy to the emergence of South-South economic ties and the rise of authoritarian or state capitalism as an alternative model of development. This is a study of the economic statecraft of the Gulf Arab states, specifically the deployment of aid, investment, and direct support from some of the wealthiest petrostates of the world to their surrounding sphere of influence within the Middle East, Horn of Africa, and West Asia. These new models of development finance, aid, and intervention include distinct institutional designs and ideological bases. For the United Arab Emirates, Saudi Arabia, and Qatar, the preference for state-led and often state-owned development is a strategic priority in the energy sector, a mechanism for domestic economic growth and consolidation of wealth among leadership and ruling families. Exporting that agenda as a foreign economic policy tool continues all of the domestic benefits, while also affirming broader regional political goals. Vorwort Shows how the GCC states are changing the global model of investment and development with their new state-led prescriptions for growth Zusammenfassung This book is a study of a shift in the politics and finance of development from one centered in the institutions and ideas of the post-World War II global political economy to the emergence of South-South economic ties and the rise of authoritarian or state capitalism as an alternative model of development. This is a study of the economic statecraft of the Gulf Arab states, specifically the deployment of aid, investment, and direct support from some of the wealthiest petrostates of the world to their surrounding sphere of influence within the Middle East, Horn of Africa, and West Asia. These new models of development finance, aid, and intervention include distinct institutional designs and ideological bases. For the United Arab Emirates, Saudi Arabia, and Qatar, the preference for state-led and often state-owned development is a strategic priority in the energy sector, a mechanism for domestic economic growth and consolidation of wealth among leadership and ruling families. Exporting that agenda as a foreign economic policy tool continues all of the domestic benefits, while also affirming broader regional political goals. Inhaltsverzeichnis Introduction: Master Developers of the Gulf Chapter 1: Political Economy of Development from Bretton Woods to Authoritarian Capitalism Chapter 2: The Gulf in the Global Economy and Post-Oil Era Chapter 3: Case Studies of Gulf Financial Intervention: Egypt and Ethiopia Chapter 4: Between the Gulf and China: Case studies of Financial Intervention in Oman and Pakistan Chapter 7: Too Little, Too Late: Response to Development in Crisis Case studies of Sudan and Yemen Chapter 8: Conclusion and Policy Recommendations ...
