Small Wars Journal

Jordan

Oil and Rentier States: How Falling Oil Prices Will Affect the Middle East

Wed, 09/18/2019 - 4:06am
Less than a decade after weathering massive geo-political upheavals from the Arab Springs, the Middle East is on the verge of yet another crisis; the plummeting price of crude oil. “Rentier states” in the Middle East, have for several decades, secured their status-quo by building an overwhelming portion of their economy dedicated to the sale of crude oil. While the rentier system has been successful in propping up Middle Eastern governments for decades, the downside to this system is the economic and political uncertainty created by the rapidly changing value in a single commodity.

About the Author(s)

Jus Post Bellum from the Jordanian Perspective: Implications for U.S. Policy Makers SWJED Mon, 09/03/2018 - 2:03am
This essay seeks to demonstrate key ethical questions that arise as the U.S. continues to counter violent extremism in the Middle East. Ethical questions will be analyzed through the actions of an important U.S. ally in the war on terrorism, Jordan.