Chapter 16: The political economies of the Arab Gulf states: policies for change, frameworks for stasis
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This chapter examines the modern political economies of the Arab states of the Gulf - Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) - examining their modern economic histories, the centrality of oil and gas income to them and some of the issues attached to hydrocarbon wealth and the Gulf's rapid development, including issues with their labour markets, state-society dynamics and state-business relationships. It shows how these states are seeking to address development issues, especially through national development and economic diversification strategies, and provides an assessment of the nature and prospects of such plans. Finally, in the process of doing the above, it offers a theoretical framework for understanding Gulf regimes and state–society relationships. It argues that a tripartite combination of 'late' rentierism, entrepreneurial state capitalism and economic statecraft creates an explanatory structure that best describes the contemporary political economies of the Gulf and their prospects.

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