scholarly journals Beyond the Political Economy of Electricity and Gas Trade in the Middle East and North Africa Region

10.1596/35590 ◽  
2020 ◽  
Author(s):  
Keyword(s):  
Political Economy ◽  
Middle East ◽  
North Africa ◽  
The Political

scholarly journals Political Economy of Rentierism in the Middle East and Disruptions from the Digital Space

2020 ◽  
Vol 7 (1) ◽  
pp. 54-89
Author(s):  
Sameena Hameed
Keyword(s):  
Political Economy ◽  
Middle East ◽  
North Africa ◽  
Rent Seeking ◽  
The State ◽  
The Political ◽  
Mena Region ◽  
Digital Space ◽  
Economic Elites ◽  
Digital Commerce

Rentierism in the Middle East and North Africa (MENA) region had emanated both from significant external rent and from the statist model of development feeding each other, where legitimacy was secured through rent distribution. The rent-led resource imbalance between the state and the society, as well as intra-societal inequalities in the region, has been less recognized and studied. The flow of external rent in tandem with internal rent-seeking has perpetuated the wealth and power of the political and economic elites and limited economic opportunities of the larger population. The rentierism that bred on vertical controls and network of privileges is set to be disrupted from flows and connectivity generated in the growth of digital commerce in the region.

Avoiding Globalization? The Political Economy of Development in the Middle East and North Africa

2002 ◽  
Vol 58 (1) ◽  
pp. 201 ◽  
Author(s):  
Paul Kingston ◽  
Toby Dodge ◽  
Richard Higgott ◽  
Clement Henry ◽  
Robert Springborg
Keyword(s):  
Political Economy ◽  
Middle East ◽  
North Africa ◽  
The Political ◽  
Political Economy Of Development

scholarly journals The Political Economy of Industrial Policy in the Middle East and North Africa

10.1596/28426 ◽  
2006 ◽  
Author(s):  
Mustapha K. Nabli ◽  
Jennifer Keller ◽  
Claudia Nassif ◽  
Carlos Silva-Jáuregui
Keyword(s):  
Political Economy ◽  
Middle East ◽  
Industrial Policy ◽  
North Africa ◽  
The Political

Whose risk? Bank de-risking and the politics of interpretation and vulnerability in the Middle East and North Africa

2021 ◽  
pp. 1-16
Author(s):  
Sherine El Taraboulsi-McCarthy
Keyword(s):  
Political Economy ◽  
High Risk ◽  
Middle East ◽  
Money Laundering ◽  
North Africa ◽  
Civil Society Organizations ◽  
Negative Consequences ◽  
Local Authorities ◽  
The Impact ◽  
Politics Of Interpretation

Abstract Following the events of 11 September 2001, measures aimed at countering the financing of terrorism (CFT) were intensified by States. Many countries around the world adopted strict anti-money laundering and CFT regulations for the transfer of funds globally. This process increased the costs of complying with regulatory requirements and imposed high penalties on banks for non-compliance. As a result, preventive measures – often known as “de-risking” – were taken up by banks, including terminating the accounts of clients perceived as “high-risk” for money laundering or terrorist financing, and delaying transfers. These measures, however, have had negative consequences, reducing financial access for local civil society organizations in conflict-affected contexts that are deemed high-risk for terrorist activities. Drawing on five years of research to understand the impact of de-risking on conflict-affected contexts from a local perspective, this paper reflects on the local political economy of CFT, with a focus on the Middle East and North Africa. It explores two key areas of inquiry. The first of these is the politics of interpretation – how counterterrorism as a discourse and a set of practices, of which CFT is one, gets interpreted by local authorities and banks, and subsequently gets reinterpreted to the population. This also has implications for which local actors are better positioned to access funds than others, and why. The second area of inquiry is the politics of vulnerability – how the local political economy impact of CFT can increase the social and economic vulnerabilities of some groups more than others. This paper demonstrates that under the guise of “counterterrorism”, local authorities in conflict-affected contexts have used CFT to restrict the non-profit and philanthropic space and are using banking regulations to shape that space in ways that are bound to have negative medium- and long-term implications for it.

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