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Jordan Since 1989: A Study in Political Economy (Library of Modern Middle East Studies)
 
 
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Jordan Since 1989: A Study in Political Economy (Library of Modern Middle East Studies) [Hardcover]

Warwick Knowles (Author)
3.0 out of 5 stars  See all reviews (1 customer review)

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Book Description

1850436339 978-1850436331 April 21, 2005
This is the first major work in political economy to study the impact of the 1989 IMF intervention and the changes that it has wrought upon the Jordanian economy. Knowles argues that the blurring of boundaries between the public and private sector has significantly affected the success of IMF and World Bank policies in Jordan which are predicated upon a clear distinction between these sectors. Furthermore Jordan's move from an economy that is dependent upon outside economic assistance to one that is dependent upon remittances has affected the power of the country's élite which hitherto depended on access to and control of aid.

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Editorial Reviews

Review

"A major text for any Jordan specialist or any political economist of the Middle East and will be of profound interest to international political economists in general."--Emma Murphy, University of Durham

About the Author

Warwick Knowles is Lecturer in Political Economy of the Middle East at the Univeristy of Durham's Institute of Middle Eastern and Islamic Studies.

Product Details

  • Hardcover: 288 pages
  • Publisher: I. B. Tauris (April 21, 2005)
  • Language: English
  • ISBN-10: 1850436339
  • ISBN-13: 978-1850436331
  • Product Dimensions: 9.5 x 6.4 x 1.1 inches
  • Shipping Weight: 1.4 pounds (View shipping rates and policies)
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #3,230,549 in Books (See Top 100 in Books)

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1 of 1 people found the following review helpful:
3.0 out of 5 stars Useful to understanding the story..., August 3, 2006
This review is from: Jordan Since 1989: A Study in Political Economy (Library of Modern Middle East Studies) (Hardcover)
Jordan since 1989, as Patrick Clawson wrote, appears to be a typical academic political science tome, one dedicated to expounding obscure theoretical models of interest only within university walls. But the obligatory theoretical chapter is blessedly short--and surprisingly, the author presents his analytical point in plain English, and it actually is useful to understanding the story that follows. Knowles argues that since its creation in 1921, Jordan has always depended on gifts from abroad, but the source of those gifts increasingly shifted after 1989 from aid (distributed primarily by the state) to workers' remittances (distributed mostly by the private sector). He argues that related to this change has been a change in how the Jordanian state asserts its economic influence, shifting from direct control (such as ownership of companies such as the airline, telephone, and electricity companies) to indirect methods (such as regulation).

Knowles provides a wealth of information about foreign flows into Jordan and about the state's role in the economy, arguing that the two have been intimately linked. He shows the long history of aid dependence, climaxing during the oil boom in what Knowles describes as "dictator state, private sector dependency." Then came the 1985 oil price collapse and the related Jordanian economic crisis, culminating in what Knowles characterizes well as an economic collapse in 1989. He documents the slow climb upwards, with (using his terms) 1985-89 being the "rhetoric years," 1989-95, the "lost years," 1995-98, the "foundation years," and since 1998, "the action years." He emphasizes the role of donors, led by the International Monetary Fund and World Bank, in the new policies.

Strikingly absent from this account is much discussion of the Arab-Israeli conflict or of the splits in Jordanian society between Palestinians and East Bank Jordanians. Knowles tells a convincing and full story without much reference to these issues, suggesting that perhaps they are not so important to understanding what is often said to be Jordan's central challenge, namely, its weak economic base.
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Inside This Book (learn more)
First Sentence:
The chapter introduces the lens through which the study is viewed: rentier theory and concludes by clarifying how the concepts of the state, the regime, the rentier élite, and the private sector are used. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
pure rentier state, rentier theory, fourth country programme, rentier economy, gross aid, rentier aspects, rentier mentality, excluding aid, rent circuit, aid rent, locational rent, donor community, economic liberalisation, government shareholdings, economic conditionality, private sector relationship, independent private sector, rentier economies, rent accrues, main donors, restructuring loans, oil rent, political liberalisation
Key Phrases - Capitalized Phrases (CAPs): (learn more)
World Bank, Middle East, Amman Financial Market, King Hussein, Annual Report, West Bank, Saudi Arabia, Paris Club, International Development Statistics, National Planning Council, Second Gulf War, Department of Statistics, Monthly Statistical Bulletin, Ministry of Supply, Arab Bank, Cold War, Arab Legion, Housing Bank, Dead Sea, Emir Abdullah, Investment Promotion Corporation, Middle Fast, Naval Intelligence Division, Second World War, Water Authority of Jordan
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