Unpacking the Saudi state : oil fiefdoms and their clients -- Oil fiefdoms in flux : the new Saudi state in the 1950s -- The emerging bureaucratic order under Faisal -- The 1970s boom : bloating the state and clientelizing society -- The Foreign Investment Act : lost between fiefdoms -- Eluding...

Making sense of Saudi Arabia is crucially important today. The kingdom's western province contains the heart of Islam, and it is the United States' closest Arab ally and the largest producer of oil in the world. However, the country is undergoing rapid change: its aged leadership is ceding power...

Middle East Oil Exporters presents a detailed picture of the economic structure and a critical survey of the recent economic performance of the Middle East. The focus is especially on the large oil-exporting nations, although the smaller producers are represented as well. The author illustrates...

Frontmatter -- Contents -- Preface and Acknowledgments -- Abbreviations -- Part One: Introduction -- 1. Accounting for Growth and Decline in Venezuela -- 2. Trends and Cycles in the Venezuelan Economy -- Part 2. A Critical Survey Of The “Resource Curse” Literature -- 3. Economic Explanations...