State-business relations in the smaller gulf monarchies -- the role of business actors in the decision-making process

Valeri Marc

No 524, IDE Discussion Papers from Institute of Developing Economies, Japan External Trade Organization(JETRO)

Abstract: The Arab monarchies of the Gulf have been undergoing striking socio-economic changes caused by the ending of the rent-based welfare state model on which they had largely relied since the 1950s. In this perspective, this paper aims at examining the comparative role of local business communities in affecting the orientations and the outcomes of the policies implemented during the period of high oil prices in the 2000s. This paper pays a special attention to the impact of the Arab Spring on the state-business relations in two of the smaller Gulf monarchies (Bahrain and Oman).

Keywords: Gulf Countries; Bahrain; Oman; Business; Decision making; Elite; State; Monarchy; Royal family; Politics; Persian Gulf; Middle East; Political economy; Arab Spring (search for similar items in EconPapers)
JEL-codes: D72 H32 O53 (search for similar items in EconPapers)
Date: 2015-03-01
New Economics Papers: this item is included in nep-ara and nep-cdm
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Published in IDE Discussion Paper = IDE Discussion Paper, No. 524. 2015-03-01

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