Title Capitalism and class in the Gulf Arab states / Adam Hanieh

Edition 1st ed Published New York : Palgrave Macmillan, 2011

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Description 1 online resource (viii, 258 pages) Contents Approaching Class Formation in the Gulf Arab States * The Political Economy of Post-War Capitalism and the Making of the Gulf * The Development of Capitalism in the Gulf Cooperation Council * Towards a Single Global Economy: 1991 to 2008 * The Formation of Khaleeji Capital * Khaleeji Capital and the Middle East * Future Trajectories * Appendix A: Khaleeji Capital Groups * Appendix B: Ownership of the Largest GCC Banks Machine generated contents note: -- Approaching Class Formation in the Gulf Arab States * The Political Economy of Post-War Capitalism and the Making of the Gulf * The Development of Capitalism in the Gulf Cooperation Council * Towards a Single Global Economy: 1991 to 2008 * The Formation of Khaleeji Capital * Khaleeji Capital and the Middle East * Future Trajectories * Appendix A: Khaleeji Capital Groups * Appendix B: Ownership of the Largest GCC Banks Summary The six Arab states of the Gulf Cooperation Council (GCC) play an increasingly prominent role in the global economy and throughout the broader Middle East region. This book analyzes the recent development of Gulf capitalism through to the aftermath of the 2008 economic crisis. Situating the Gulf within the evolution of capitalism at a global scale, it presents a novel theoretical interpretation of this important region of the Middle East political economy. Accompanied by an extensive empirical analysis of all sectors of the GCC economy, the book argues that a new capitalist class, Khaleeji Capital, is forming in the Gulf - with profound implications for the Middle East as a whole "The six Arab states of the Gulf Cooperation Council (GCC) play an increasingly prominent role in the global economy and throughout the broader Middle East region. This book analyzes the recent development of Gulf capitalism through to the aftermath of the 2008 economic crisis. Situating the Gulf within the evolution of capitalism at a global scale, it presents a novel theoretical interpretation of this important region of the Middle East political economy. Accompanied by an extensive empirical analysis of all sectors of the GCC economy, the book argues that a new capitalist class, Khaleeji Capital, is forming in the Gulf--with profound implications for the Middle East as a whole"-- Provided by publisher Bibliography Includes bibliographical references and index Notes Print version record Subject Gulf Cooperation Council. SUBJECT Gulf Cooperation Council fast Gulf Cooperation Council gnd Golf-Kooperationsrat. idszbz Subject Capitalism -- Persian Gulf States BUSINESS & ECONOMICS -- Economic Conditions. BUSINESS & ECONOMICS -- Economic History. BUSINESS & ECONOMICS -- Economics -- Comparative. POLITICAL SCIENCE -- Economic Conditions. Capitalism Economic history Wirtschaftliche Elite Politische Ökonomie Kapitalismus Wirtschaftsentwicklung Wirtschaftsentwicklung. Kapitalismus. SUBJECT Persian Gulf States -- Economic conditions Subject Persian Gulf States Golfstaaten Persischer Golf. Golfstaaten. Form Electronic book ISBN 9780230119604 0230119603 9780230110779 0230110770

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