Political and Economic Development of the Middle East

This course offers an opportunity to study the political economy of the Middle East. This semester we focus on oil-exporting monarchical countries in the Gulf/Arabian Peninsula, which are under rapid transformation today. We discuss issues such as the reasons for the durability of monarchism in this region; the unsustainability of their oil-based economies; challenges facing the attempt to make a transition to a post-oil economy (both in terms of income and the source of energy - in light of the rise of renewables and the global climate change regime); the youth unemployment problem and challenges facing the creation and localization of jobs.