Capitalism and Class in the Gulf Arab States

The six Arab states of the Gulf Cooperation Council (GCC) play an increasingly prominent role in the global economy and throughout the broader Middle East region. This book analyzes the recent development of Gulf capitalism through to the aftermath of the 2008 economic crisis. Situating the Gulf within the evolution of capitalism at a global scale, Hanieh presents a novel theoretical interpretation of this important region, and its profound implications for the Middle East as a whole.

Adam Hanieh is a Lecturer in Development Studies at the School of Oriental and African Studies (SOAS) at the University of London, UK.

1. Approaching Class Formation in the Gulf Arab States
2. The Political Economy of Post-War Capitalism and the Making of the Gulf
3. The Development of Capitalism in the Gulf Cooperation Council
4. Towards a Single Global Economy: 1991 to 2008
5. The Formation of Khaleeji Capital
6. Khaleeji Capital and the Middle East
7. Future Trajectories
Appendix A: Khaleeji Capital Groups
Appendix B: Ownership of the Largest GCC Banks