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...

Oil, US empire, and the Middle East -- The road to the oil shock -- Pursuing petrodollar interdependence -- The triangle to the Nile -- The petrodollar economy -- Visions of petrodollar promise and peril -- Reform and revolt -- Revolution and invasions -- Recoveries and crises -- End of an era.

Emigrants possess knowledge of host and sending countries' cultures and social environments that can help strengthen the economic relationship between them. We find this to be true for Pakistan and its selected Middle East trading partners for whom the data are available. Gravity model estimates...

This article continues the previously promised series to focus on FDI & DIA, as unitary fluid substance world owned, and so flows and stocks and country actors carrying these, but respective amounts unevenly distribute on these country actors. Once more, our approach on FDI keeps on its...

This paper investigates the evolution and determinants of manufactured exports and FDI in MED-11 countries over the period 1985-2009 as well as the prospects of their evolution under different scenarios pertaining to the evolution of the determinants. The econometric analysis confirmed the role...

Over the course of the last decade, Turkey has emerged as a major actor in the Middle East. It has embarked on a variety of mediating missions and has been vocal on issues such as the Arab-Israeli conflict and the Iranian nuclear program. The popularity of its prime minister, Recep Tayyip...

The recent Turkish involvement in the Middle East constitutes an important test case for establishing the boundaries of middle power influence in a changing global context. The AKP government in Turkey has become a major supporter of political change and democratization in the era of the Arab...

Can economic interdependence pacify the Middle East? While Middle Eastern countries have, for the most part, avoided the global trend of regionalism, this study provides empirical evidence that Middle Eastern countries with significant trade ties to other countries in the region do cooperate...