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Published in:
2016 | OriginalPaper | Chapter
Introduction
Author : Kristian Coates Ulrichsen
Published in: The Gulf States in International Political Economy
Publisher: Palgrave Macmillan UK
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This book examines the changing position of the Gulf Cooperation Council (GCC) states within a global order which itself is in a state of flux. Against the backdrop of deep shifts in the structure and balance of geopolitical and geo-economic gravity, the Gulf States have become increasingly assertive centres of regional power and influence. Beginning in the 1990s, the GCC states became increasingly integrated with the world economy, gradually opened up to foreign direct investment, and eventually acceded to the World Trade Organization. Since the turn of the century, and backed by the world’s fastest-growing airlines and by governing methods that resemble a corporate structure grafted onto the principles of hereditary rule, Dubai, Abu Dhabi, and Doha have imprinted themselves on the global consciousness, their exposure magnified by the acquisition or sponsorship of landmark assets and prestige events across the world.