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Crawford School of Public Policy · ANU College of Law, Governance and Policy
This course provides a comparative analysis of the economic development of Middle Eastern economies. The course deals primarily with the determinants of each country's economic development and the roles of historical, cultural, institutional, social, and political factors. The main focus will be identifying and comparing the relative importance of those factors that appear to have hindered or promoted economic development in each of the studied economies. Among the main themes to be explored are the roles of natural resource rents and state-led development, historical and institutional influences affecting economic growth, industrialisation efforts, foreign influence, conflicts, and intra-regional trade and investments. Analytical emphasis will be on identifying and comparing long-run determinants of each country's success (or lack of it) in achieving economic development. The knowledge gained from this course will facilitate successful employment in the private or public sector in economics, finance, trade, and investment in the Middle East.
Response paper 1 (750 words)
Learning outcomes 1, 2, 3
Individual presentation (Including a 1,000-word summary report)
Learning outcomes 1, 2, 5
Response paper 2 (750 words)
Learning outcomes 1, 2, 3
Seminar participation
Learning outcomes 1, 4, 5
Research report (2,500 words)
Learning outcomes 1, 2, 3, 4
The standard workload for a 6 unit course is 130 hours including class time and independent study. Other Information Required readings will be posted on Wattle. These will include journal articles, book chapters, working papers, and policy publications. Each week will also include a list of recommended readings.
None. Preliminary Reading Rauch, J.E., 2019. The Economics of the Middle East: A Comparative Approach. Oxford University Press, United States. Hakimian, H. ed., 2021. The Routledge Handbook on the Middle East Economy. Routledge. Noland, M. and Pack, H., 2007. The Arab Economies in a Changing World. Peterson Institute. Naufal, G. and Genc, I., 2012. Expats and the Labor Force: The Story of the Gulf Cooperation Council Countries. Springer. Aysan, A.F., Babacan, M., Gur, N. and Karahan, H. eds., 2018. Turkish Economy: Between Middle Income Trap and High Income Status. Springer. Alizadeh, P. and Hakimian, H., 2013. Iran and the Global Economy. London and New York: Routledge Publishers.