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Doing Business in the Middle East: Politics and Economic Crisis in Jordan and Kuwait

9780521120609

Doing Business in the Middle East: Politics and Economic Crisis in Jordan and Kuwait

  • ISBN 13:

    9780521120609

  • ISBN 10:

    0521120608

  • Edition: 1st
  • Format: Paperback
  • Copyright: 10/01/2009
  • Publisher: Cambridge University Press

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Summary

Is business the solution to the problems of the Middle East? Some economists and policymakers argue that unleashing the Arab private sector is the key to sustainable growth and more liberal politics. Pete Moore's book is the first to examine relations between state authority and elite business representation in the region. By analysing the Kuwait and Jordan cases, he considers why organised business in Kuwait has been able to coordinate policy reform with state officials, while their Jordanian counterparts have generally failed. The author concludes that unleashing the private sector alone is insufficient to change current political and economic arrangements, and that successful economic adjustment requires successful political adjustment.

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