Middle East

Collaborative Colonialism: The Political Economy of Oil in - download pdf or read online

By Hossein Askari

ISBN-10: 1137353767

ISBN-13: 9781137353764

Because the discovery of oil, the nations of the Persian Gulf were stuck in a vicious circle. With expanding oil sales, rulers have made self-enrichment their motivation whereas overseas powers have exploited the zone and supplied help for oppressive regimes. Early exploitation of the region's oil used to be colonial in perform; this day, oppressive rulers and foreigners paintings hand-in-hand to the detriment of the citizenry. Rulers don't have any incentives to foster reliable associations, particularly the rule of thumb of legislation, as self reliant and effective associations could undermine their keep an eye on over oil revenues.

This ebook takes a chronological examine the impression of oil within the area and examines how great oil sales have inspired oppressive governance and corrupted improvement regulations, impeding human, political, and monetary growth. Hossein Askari argues that there's an pressing desire for visionary political and financial reform with a view to hinder a neighborhood disaster. Rulers needs to begin by way of publicly acknowledging that oil belongs to the folks of all generations and that it has to be controlled as a result - successfully, equitably, and transparently.

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Additional info for Collaborative Colonialism: The Political Economy of Oil in the Persian Gulf

Example text

The number of boats in operation dropped to 436 by 1933 and to a mere 12 by 1953. As a result, government revenues from pearling, which had been £103,333 in 1926, declined to £35,378 in 1933. The government was forced to cut payments and reduce expenditure on public health, education, and services— which expectedly took a toll on society. The pearling slump, however, impacted Bahrain much less than the neighboring countries because of Bahrain’s historically established post as a trading center in the region, as well as its reliance on date palms.

This arrangement worked well for Kuwait, which was able to flourish better economically during the nineteenth century compared to any of its neighboring states, with the exception of Iran. During the nineteenth century, Kuwait’s economic activities were based entirely on trade and the sea, and as in the neighboring Trucial States, major activities in pre-oil Kuwait were pearling and fishing. In comparison with their counterparts in the other Gulf emirates, Kuwaiti merchants were more aggressive and successful and earned B E F O R E O I L—T H E P E R S I A N G U L F 15 steady profits that exceeded the norm, making Kuwait economically better off than all neighboring Arab states in the late nineteenth and early twentieth centuries.

31 In the 1920s, the protectorate relationship expanded to include greater British involvement in Bahrain’s domestic political affairs. The country came under the direct administration of British personalities (British political agents), who held considerable decision-making powers. A notable figure was Major Clive Daly, who was especially active in Bahrain’s legislative and economic affairs. ”32 In the aftermath of the change in rulers, the British were given more power with the new ruler appointing numerous British officials to advisory positions.

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Collaborative Colonialism: The Political Economy of Oil in the Persian Gulf by Hossein Askari


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