Publication

This paper provides a conceptual outline for assessing economic reforms in the Middle East in terms of the motivation behind them as well as their nature and extent. In addition, the success and/or effects of their implementation are discussed. Economies in the region are divided into wo basic types: the rentier model, which best describes the economies of the Gulf Cooperation Council (GCC) states as well as Libya and Algeria, and the semi-rentier model, which covers most of the remaining Arab states of the Levant and North Africa.