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The Economics of the Middle East James E. Rauch (Professor of Economics, Professor of Economics, University of California, San Diego)

The Economics of the Middle East By James E. Rauch (Professor of Economics, Professor of Economics, University of California, San Diego)

The Economics of the Middle East by James E. Rauch (Professor of Economics, Professor of Economics, University of California, San Diego)

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Summary

Economist James Rauch evaluates the socioeconomic trajectories of groups of Middle Eastern States in relation to each other and to countries with similar characteristics.

The Economics of the Middle East Summary

The Economics of the Middle East: A Comparative Approach by James E. Rauch (Professor of Economics, Professor of Economics, University of California, San Diego)

Countries in the Middle East have very different economies, even if they are often grouped together. In The Economics of the Middle East, James Rauch focuses on the drivers of their distinctiveness, including the effects of their natural endowments, geographic locations, and interactions with the global economy. This book evaluates the socioeconomic trajectories of three groups of Middle Eastern States: Sub-Saharan African, fuel-endowed, and "Mediterranean." It compares these groups both to each other and to developing countries in other regions with similar characteristics. Rauch draws on basic approaches to economic development to enhance understanding of important issues, such how policies on gender, education, health, and the environment affect development. His comparative perspective sheds light on how and why the Arab countries, Iran, and Turkey have done better or worse than similar countries in other regions. His analysis throughout is supported by data that are well organized and clearly presented. Rauch develops new insights on topics as diverse as unemployment, urbanization, corruption, and the importance of intraregional flows of investment and migrants. The result is a fascinating and balanced overview of the socioeconomic performance of the Arab countries, Iran, and Turkey that presents a new lens on the economics of the Middle East.

The Economics of the Middle East Reviews

James Rauch's The Economics of the Middle East examines important issues facing the region from the perspective of fundamental economic principles and, in doing so, fills an important gap in the literature. It provides scholars a clear, empirically rich discussion of international trade and industrialization, human development and inequalities, environmental challenges, and other critical issues facing the Arab world, Iran, and Turkey. * Ellen Lust, Professor of Political Science; Founder and Director, Program on Governance and Local Development, University of Gothenburg *
The book provides students from economics, political science, and public policy with an accessible overview of economic theory, allowing them to better understand the subsequent chapters which explain why the Arab region lags behind other middle income countries in economic and human development. I highly recommend this volume for graduate survey courses on Middle East Politics and political economy of development * Lindsay J. Benstead, Associate Professor of Political Science, Portland State University *

About James E. Rauch (Professor of Economics, Professor of Economics, University of California, San Diego)

James Rauch is Professor of Economics at the University of California, San Diego. He is a Guggenheim Fellow and a Research Associate with the National Bureau of Economic Research (NBER). He has done extensive research in the Middle East and was a Visiting Scholar at the Institute of Financial Economics in the American University of Beirut.

Table of Contents

I. Introduction The Scope of This Book The Human Development Index Three Arab Worlds Human Development in the Three Arab Worlds on the Eve of the "Arab Spring" Human Development in the Three Arab Worlds After the "Arab Spring" A Note on Country Groups II. Historical Perspective Introduction Extensive versus Intensive Growth The Division of the World The Great Divergence III.International Trade, Natural Resource Rents, and Foreign Direct Investment Introduction International Trade and Industrialization of the Arab Mediterranean and Turkey Manufactured Exports to High-Income Consumers Service Exports to High-Income Consumers: Tourism Natural Resource Rents and OPEC Foreign Direct Investment IV. Human Resources Introduction Education Health The Demographic Transition V. Gender Gaps Introduction Education Labor Force Participation Health VI. Income Inequality, Poverty, Migration, and Unemployment Introduction Income Inequality as Measured by the Gini Index Poverty Headcounts Migration and Remittances Public and Private Sector Expenditure to Reduce Poverty Unemployment and Self-Employment VII. Environmental Challenges Introduction Water Scarcity and Lack of Access to Basic Drinking Water and Sanitation Services Air Pollution Municipal Waste and Greenhouse Gas Emissions The Consequences of Global Warming for the Arab Countries, Iran, and Turkey VIII. Government Spending: Urban Infrastructure, Energy Subsidies, and the Military Introduction Urbanization and Strain on Public Finance Urban Primacy Energy Subsidies Military Spending Slums Infrastructure Quality IX. Political Economy Introduction Corruption, GDP per capita, and Bureaucratic Inefficiency Bureaucratic Performance With Regard to Starting a Business and Enforcing Contracts Politically Connected Firms in Egypt and Tunisia X. Conclusion: Some Modest Proposals for Policy

Additional information

NPB9780190879181
9780190879181
0190879181
The Economics of the Middle East: A Comparative Approach by James E. Rauch (Professor of Economics, Professor of Economics, University of California, San Diego)
James E. Rauch (Professor of Economics, Professor of Economics, University of California, San Diego)
New
Hardback
Oxford University Press Inc
2019-10-09
330
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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