Oil Wealth and the Poverty of Politics
(Book #32 in the Cambridge Middle East Studies Series)
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Book Overview
How can we make sense of Algeria's post-colonial experience - the tragedy of unfulfilled expectations, the descent into violence, the resurgence of the state? Oil Wealth and the Poverty of Politics explains why Algeria's domestic political economy unravelled from the mid-1980s, and how the regime eventually managed to regain power and hegemony. Miriam Lowi argues the importance of leadership decisions for political outcomes, and extends the argument to explain the variation in stability in oil-exporting states following economic shocks. Comparing Algeria with Iran, Iraq, Indonesia and Saudi Arabia, she asks why some states break down and undergo regime change, while others remain stable, or manage to re-stabilise after a period of instability. In contrast with exclusively structuralist accounts of the rentier state, this book demonstrates, in a fascinating and accessible study, that political stability is a function of the way in which structure and agency combine.
Format:Hardcover
Language:English
ISBN:0521113180
ISBN13:9780521113182
Release Date:December 2009
Publisher:Cambridge University Press
Length:252 Pages
Weight:1.20 lbs.
Dimensions:0.8" x 6.2" x 9.1"
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