Abstract
Only time will tell whether the coming decades in the Middle East will be more peaceful than the last half-century, but there does seem to have been a change in opinions and priorities among both governments and peoples in the region. More attention is being given to economic matters, not least because of the realization that influence and power are more likely to be underpinned in the long term by strong economic performance than through military effort alone. It is not so much a matter of naïvely assuming that the regimes and peoples have turned their back on war, and taken the peace path, although there is a weariness with conflict. It is, rather, the understanding that war has brought few gains for most of the states of the region, and that it is perhaps time to pursue a different course.
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Notes
Jassin-al-Ali, ‘Oil and Investment Policies in the 1990s’, in The Gulf in the 1990s (Gulf Centre for Strategic Studies, London, 1991), pp. 39–48.
Caroline Montagu, The Private Sector of Saudi Arabia (Committee for Middle East Trade, London, 1994), pp. 60–76.
Massoud Karshenas and M. Hashem Pesaran, ‘Economic Reform and the Reconstruction of the Iranian Economy’, Middle Eastern Journal, vol. 49, no. 1, 1995, pp. 89–111.
Rodney Wilson (ed.), Politics and the Economy in Jordan (Routledge, London, 1991), p. 3.
Philip Mattar, ‘The PLO and the Gulf Crisis’, Middle Eastern Journal, vol. 48, no. 1, 1994, pp. 31–46.
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© 1997 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Wilson, R. (1997). Economic Prospects for Iraq and its Neighbours in the Aftermath of the Gulf War. In: Jawad, H.A. (eds) The Middle East in the New World Order. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-25455-2_9
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DOI: https://doi.org/10.1007/978-1-349-25455-2_9
Publisher Name: Palgrave Macmillan, London
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