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An incisive analysis of the political economy of the Middle East and North Africa.
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In a new edition of their book on the economic development of the Middle East and North Africa, Clement Henry and Robert Springborg reflect on what has happened to the region's economy since 2001. How have the various countries in the Middle East responded to the challenges of globalization and to the rise of political Islam, and what changes, for better or for worse, have occurred? Utilizing the country categories they applied in the previous book and further elaborating the significance of the structural power of capital and Islamic finance, they demonstrate how over the past decade the monarchies (as exemplified by Jordan, Morocco, and those of the Gulf Cooperation Council) and the conditional democracies (Israel, Turkey, and Lebanon) continue to do better than the military dictatorships or "bullies" (Egypt, Tunisia, and now Iran) and "the bunker states" (Algeria, Iraq, Libya, Sudan, Syria, and Yemen).
Can the contemporary Islamic finance movement be shown to meet the requirements of modern commerce? In the wake of the terrorist attacks on America the UN Security Council passed a resolution targeting transnational sources of terrorist funds. The United States and the International Monetary Fund are encouraging the governments of the Middle East to adopt policies of economic liberalism and a new type of capitalism, based on Islamic values and beliefs, is emerging.The aims of the book are:* to explore the political implications of the slow but steady accumulation of Islamic capital* to analyse the connections between Islamic finance and Islamic political movements in Middle Eastern and North...
The evolution of the global economy since the end of the Cold War poses special challenges to the Middle East and North Africa (MENA). Official development assistance has diminished, whereas private capital flows to developing countries have dramatically increased. Little of the new private capital goes to MENA. The region received only US $6.9 billion in 1996, barely more than its quota of official development assistance. Most of the MENA countries are now in need of infusions of external private capital yet seem to be at a major disadvantage in competition with other regions, notably East Asia, Europe, Central Asia and Latin America. Many reasons can be given for MENA's economic plight. Ar...
Roger Owen has fully revised and updated his authoritative text to take into account the considerable developments in the Middle East in the 1990s.
This second edition considers how the 'global war on terror' has changed the way the West views the Islamic world.
In this ambitious book, Eva Bellin examines the dynamics of democratization in late-developing countries where the process has stalled. Bellin focuses on the pivotal role of social forces and particularly the reluctance of capital and labor to champion democratic transition, contrary to the expectations of political economists versed in earlier transitions. Bellin argues that the special conditions of late development, most notably the political paradoxes created by state sponsorship, fatally limit class commitment to democracy. In many developing countries, she contends, those who are empowered by capitalist industrialization become the allies of authoritarianism rather than the agents of d...
First published in 1980, Images of Development is as much about modernization theory as about the Egyptian engineering profession. A new epilogue for this 1994 edition presents a new image of development - the engineers now aspiring to transcend and supercede Western modernization theory. Their professional syndicate is one of Egypt's few genuinely representative institutions, and Islamist activists have achieved control over it through free elections. The new image that they project is nothing less than the Islamization of modernity. The engineers, like their colleagues in other leading professions, previously moved in a political vacuum. Now their assertions of Islamic identity have articu...
Published anonymously in 1823, "The Night Before Christmas" has traditionally been attributed to Clement Clarke Moore (1779-1863), who included it in his Poems (1844). But descendants of Henry Livingston (1748-1828) claim that he read it to his children as his own creation long before Moore is alleged to have composed it. This book evaluates the opposing arguments and for the first time uses the author-attribution techniques of modern computational stylistics to settle the long-standing dispute. Both writers left substantial bodies of verse, which have been computer analyzed for distinguishing characteristics. Employing a range of tests and introducing a new one--statistical analysis of phonemes--this study identifies the true author and makes a significant contribution to the growing field of attribution studies.