Economic Development and Political Reform: The Impact of External Capital on the Middle East

摘要: This work addresses critical trends in the Middle Eastern political economy during 1980s and 1990s. It argues that external capital has had a decisive impact on economic development region, demonstrating states lacking substantial exogenous revenues - including oil foreign aid have experienced severe fiscal crises been forced to pursue neo-liberal strategies. By contrast, those with greater exogeonous resources undergone milder developed more populist models.