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The Political Economy of Gulf Defense Establishments

Paperback / softback

Main Details

Title The Political Economy of Gulf Defense Establishments
Authors and Contributors      By (author) Zoltan Barany
SeriesElements in Defence Economics
Physical Properties
Format:Paperback / softback
Pages:75
Dimensions(mm): Height 150,Width 230
Category/GenreEconomics
ISBN/Barcode 9781108959759
ClassificationsDewey:355.033053
Audience
Professional & Vocational
Illustrations Worked examples or Exercises

Publishing Details

Publisher Cambridge University Press
Imprint Cambridge University Press
Publication Date 18 February 2021
Publication Country United Kingdom

Description

The six monarchies on the Arabian Peninsula have devoted enormous sums to defense in past decades. Nevertheless, the gap between their expensive armaments and their capacity to deter aggression and/or project military strength has narrowed but little in that time. This Element takes a political economy approach and argues that structural factors inherent in the Gulf states' political systems prohibit civilian oversight of the defense sector and are responsible for this outcome. Lax restraints on military outlays, in turn, enable widespread corruption, lead to large-scale waste, and account for the purchasing of unneeded, unsuitable, and incompatible weapons systems. The Element explores the challenges caused by plummeting oil prices and the resulting budget cuts and considers the development of domestic defense industries in Saudi Arabia and the UAE, intended as a part of their economic diversification program. The setbacks of the Saudi-led coalition's on-going war in Yemen starkly illustrate the narrative.