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Princes, Brokers, and Bureaucrats: Oil and the State in Saudi Arabia


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#713214 in eBooks 2011-03-29 2011-03-29File Name: B004UBWFO49 of 10 people found the following review helpful. Unravelling a complex structure called Saudi ArabiaBy M. R. RaghuBook Review by M.R. Raghu, CFA, Head of Research, Markaz, KuwaitThe book is a great bird's eye view of Saudi bureaucracy. Saudi Arabia is a state that cannot be easily understood by a layman. In some cases, actions can be very swift and decisive and in some other cases very long procrastination is usually the norm. The book serves a great deal to understand the background of the Ki"The book represents a wonderful piece of research and, I think, will soon become recognized as a classic with important ramifications for the study of oil monarchies in general."Roger Owen, Professor of Middle East History, Harvard University"Toward the end of his career, the great Yale politicalIn Princes, Brokers, and Bureaucrats, the most thorough treatment of the political economy of Saudi Arabia to date, Steffen Hertog uncovers an untold history of how the elite rivalries and whims of half a century ago have shaped today's Saudi state and are reflected in its policies. Starting in the late 1990s, Saudi Arabia embarked on an ambitious reform campaign to remedy its long-term economic stagnation. The results have been puzzling for both area specialists and political economists: Saudi ...

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