About the Book
This book examines descriptive and meticulous accounts of the contemporary issues related to
Middle East Asian Economy. As the title of the book Global Companion to Middle East Asian Economy indicates that this book is compiled as a companion for those who have a keen interest in the nature of economic crisis and process of economic reform of Middle-East Asian countries like Algeria, Bahrain, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, and United Arab Emirates. These countries are trying to walk towards a rich economy, thwarting out the impediments that comes the way. All the different aspects that takes its’ role in framing and shaping the economy of these regions are clearly highlighted. The authors draw on economic policy and practise in order to appraise and compare the development models, identify the determinants of sustained growth, apply the new development concepts to the case of Middle East Asian countries, and suggest viable options to reduce the socio-economic constraints to reform. The author strongly feel that this is worth reading book of policy makers, academicians, researchers as well as ordinary citizens having keen interest in tradition and transformation of Middle-east economy.
CONTENTS
Preface
1. Introduction• Middle Eastern Oil-Exporting Countries • Middle Eastern Oil-Importing Countries
2. Algeria’s Economy• History of Economic Development • Government Role • Economic Reform • Public Finances • Tourism Labour and Employment • Natural Resources and Energy • Industry • Agriculture • Transportation and Telecommunications • Foreign Trade • Trends
3. Bahrain’s Economy• Economic Development • Budget • Banking and Finance • Agriculture and Fishing • Industry • Other Industry • Transportation and Telecommunications • Foreign Trade and the Balance of Payments
4. Egypt’s EconomyHistory of Economic Development • The Role of Government • Monetary Policy • Exchange Rate Policy • Investment Climate • Labour Force and Employment • Agriculture • Energy, Mining, and Manufacturing • Foreign Trade • Balance of Payments and Main Sources of Foreign Exchange • Debt and Restructuring
5. Iran’s Economy• History of Economic Development • Role of the Government • Centralization and Privatization • Monetary and Fiscal Policy • Labour Force • Petroleum Industry • Manufacturing and Industrial Development • Transportation and Telecommunications • Tourism • Agriculture • Foreign Trade • Trade Partners • Balance of Payments
6. Iraq’s Economy• History of Economic Development • Growth and Structure of the Economy • The Role of Government • Banking and Finance • The Oil Sector • Industrialization • Agriculture • Electricity • Foreign Trade • Transportation • Telecommunications
7. Israel’s Economy• Historical Overview • The Spanning Period (1948-72) • Economic Growth and Structural Change • The Public Sector • Industry • Agriculture • Financial Services • Transportation and Communications • Foreign Trade • Balance of Payments • The Economic Stabilization Programme of July 1985
8. Jordan’s Economy• Structure and Dynamics of the Economy • The Role of the Government • Labour Force • Industry • Transportation and Communications • Natural Resources • Agriculture • International Trade • Banking and Finance • Media and Advertising • Services and Tourism
9. Kuwait’s Economy• Industry and Development • Agriculture and Fishing • Transportation and Telecommunications • Banking and Finance • Foreign Investment • Foreign Aid and Trade • Social Benefits
10. Lebanon’s Economy• Historical Development • Government in Economic Development • Banking and Finance • Agriculture • Industry • Transportation and Communications • Aid and Reconstruction
11. Oman’s Economy• Historical Overview • Public Finance and Development Plans • Banking • Foreign Trade and the Balance of Payments • Investments • Hydrocarbon Sector • Agriculture and Fishing • Manufacturing • Non-oil Minerals • Water and Power • Industry • Labour • Tourism • Transportation • Telecommunications
12. Qatar’s Economy• Economic Policy • Money and Banking • Budget • Oil and Natural Gas • Trade • Industry • Labour • Agriculture and Fishing • Transportation and Telecommunications
13. Saudi Arabia’s Economy• Historical Overview • Economic Policy and the Structure of the Economy • Labour • Oil and Gas Industry • Non-oil Industrial Sector • Transportation and Telecommunications • Agriculture • Money and Banking • External Trade and Finance
14. Syria’s Economy• Historical Overview • Growth and Structure of the Economy • Labour Fource • Role of Government • Agriculture • Industry • Foreign Trade • Balance of Payments • Banking and Monetary Policy • Construction • Tourism • Transportation and Telecommunications • Period of Economic Retrenchment
15. United Arab Emirates’s Economy• Oil and Natural Gas • Industry • Electricity and Water • Labour • Agriculture and Forestry • Banking and Finance • Transportation • Telecommunications
BibliographyIndex
About the Author
Pramila Krishnan is a Senior Lecturer and fellow of Jesus College, Mumbai. Her research interests include the Analysis of Household Behaviour and Rural Institutions in Developing Countries, Microeconometric Approaches to Development Economics, Household Economics and Labour Economics research into rural-urban migration in Maharashtra and Andhra Pradesh; education in Bombay slums; financial networks in rural areas; allocation of public goods in rural India. Presently, she works Hyderabad and Mumbai-based NGO, Akanksha.
