Transformation of the Gulf

This book examines the political, economic and social transformation of the six member-states of the Gulf Cooperation Council (GCC) and the ways in which these states are both shaping, and being reshaped by, the processes of globalisation. Adopting a multidisciplinary approach, the volume combines thematic chapters focusing on issues such as globalisation, nationalism and identity, political thinking, and economic diversification and redistributive policymaking with empirical chapters studying specific aspects of reform and change: the emergence of governing marketsthe rise of Sovereign Wealth FundsIslamic Financethe relationship between energy and sustainabilitytrends in foreign aid donorship, strategic and foreign policy formulation.Contributions from experts in the field provide cutting-edge snapshots of a region in flux and collectively offer a roadmap of its repositioning in the global order, examining the interaction between global processes and internal dynamics of change and resistance that inject new dimensions into debates over the loci of local and global transformations and the manner in which each plays off the other.Situating the Gulf States firmly within their global twenty-first century context, this book will hold particular appeal to theorists of globalisation as well as to scholars of comparative politics, international political economy and area studies.