Description: This volume brings together, for the first time, distinguished Gulf experts to analyze the renewed geo-economic prominence of the oil-exporting states in the Gulf. It investigates some of these 'new power brokers' in the world economy and what this shift in global economic power means for the international economic system.
Review Quotes: 'Bessma Momani and Matteo Legrenzi have put together an extremely valuable collection of new work by predominantly younger scholars on a subject - the Gulf Arab export economies - that is curiously under researched. Essential reading for both the academy and the policy community, this edited work has the freshness and originality to define the literature for a generation.' Philip Robins, St Antony's College, University of Oxford, UK 'This volume represents a milestone in published research on the political economy of the oil-exporting states of the Gulf Cooperation Council. It brings together a closely edited and coherent set of original studies on the changing nature of these economies, on evolving policies and economic strategies, and on their developing presence in the regional and global economy. The economic future of these states and their growing regional and international roles are subjects of crucial importance, and this book makes a major contribution to filling the gap in understanding that continues to hamper analysis and policy-making by outsiders. That these rigorous but accessibly written analyses are strongly anchored in the respective disciplines of the authors makes them more, not less, relevant for those concerned with policy - while simultaneously providing an unrivalled new source for students and scholars of the political economy and shifting global roles of the Gulf states.' Gerd Nonneman, University of Exeter, UK This book is a must read for academics, economists, and policymakers with interest in the AGS [Arab Gulf States]. It builds on and supplements other works on these economic and financial topics...' Digest of Middle East Studies