Divergent development in Egypt and the Gulf

Authored by: Rodney Wilson

The Routledge Handbook to the Middle East and North African State and States System

Print publication date:  November  2019
Online publication date:  November  2019

Print ISBN: 9780367358877
eBook ISBN: 9780429342486
Adobe ISBN:

10.4324/9780429342486-17

 Download Chapter

 

Abstract

Economic development in the MENA region is retarded by a lack of economic integration and co-operation. Economies are underdeveloped in manufacturing and over-dependent on services. Despite policies of economic liberalization in place since the 1980s, MENA ranks low on ease of doing business and high on corruption, a function of crony capitalism. Regional inequality in economic development sharply increased, owing to the distribution of hydrocarbons between the GCC and the oil poor states: on indices of well-being, the GCC ranks high globally while the rest of MENA ranks toward the bottom. Dubai has developed into a world-class city based on services, transit trade and property booms. Within states, urban–rural and class disparities have increased. The Uprising further damaged economies and hence the prospects for reducing the grievances that helped spark it to be assuaged.

 Cite
Search for more...
Back to top

Use of cookies on this website

We are using cookies to provide statistics that help us give you the best experience of our site. You can find out more in our Privacy Policy. By continuing to use the site you are agreeing to our use of cookies.