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A Political Economy of Free Zones in Gulf Arab StatesFree Zones in Oman, Saudi Arabia, Bahrain, Qatar, and Kuwait

A Political Economy of Free Zones in Gulf Arab States: Free Zones in Oman, Saudi Arabia, Bahrain,... [Gulf free zone systems outside of the United Arab Emirates tended to be more limited in scale and scope than their Emirati counterparts. Yet free zones were no less important as policy mechanisms for regional governments. Free zones reflected the political and economic institutions of the host country and accomplished a wide range of objectives for governments. Resource-scarce countries or those with significant distributive responsibilities, such as Oman and Saudi Arabia, attempted to leverage free zones to create more balanced development countrywide. Bahrain struggled to reconcile competing notions that the entire country functioned as a free zone alongside the outsized importance of the neighboring Saudi market. The small, wealthier countries of Qatar and Kuwait opted to construct a smaller number of large-scale free zone projects with varying degrees of success.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Political Economy of Free Zones in Gulf Arab StatesFree Zones in Oman, Saudi Arabia, Bahrain, Qatar, and Kuwait

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
ISBN
978-3-030-71273-0
Pages
89 –132
DOI
10.1007/978-3-030-71274-7_4
Publisher site
See Chapter on Publisher Site

Abstract

[Gulf free zone systems outside of the United Arab Emirates tended to be more limited in scale and scope than their Emirati counterparts. Yet free zones were no less important as policy mechanisms for regional governments. Free zones reflected the political and economic institutions of the host country and accomplished a wide range of objectives for governments. Resource-scarce countries or those with significant distributive responsibilities, such as Oman and Saudi Arabia, attempted to leverage free zones to create more balanced development countrywide. Bahrain struggled to reconcile competing notions that the entire country functioned as a free zone alongside the outsized importance of the neighboring Saudi market. The small, wealthier countries of Qatar and Kuwait opted to construct a smaller number of large-scale free zone projects with varying degrees of success.]

Published: Apr 14, 2021

Keywords: Oman; Saudi Arabia; Bahrain; Qatar; Kuwait; Development; Economic policy; Politics

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