Affluence and Poverty in the Middle East by M. Riad El-Ghonemy
By M. Riad El-Ghonemy
Affluence and Poverty within the center East is an advent to the political economic system of the center East, concentrating on its so much salient good points - chronic poverty and severe inequality. El-Ghonemy analyses the standards influencing the quarter, together with its specific ancient, spiritual and cultural combine, in addition to its monetary foundations and types of corruption. for every issue he employs case-studies drawn from through the sector, from Turkey to Sudan and Morocco to Iran. within the ultimate part El-Ghomeny discusses attainable recommendations to the demanding situations dealing with the area, together with attainable makes use of of a peace dividend, and the position of democracy.
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Extra resources for Affluence and Poverty in the Middle East
We may also ask whether economic insecurity is an integral element of the dominant market and profit-making private sector. The realities: a regional summary of evidence The extent of absolute poverty, illiteracy, undernutrition and inequality in the Middle East is staggering. 2 to help give the reader a bird’s-eye view of the realities. 0 per barrel in the 1960s to US$30–4 in 1980/1. 11 Of the region’s total population of 337 million in 1991/2 the share of the rich states was about 9 per cent, while their share in the total income of the region was 39 per cent.
Britain, France and Italy tended to secure the supply of food and raw materials for their own home countries, and to expand markets for their industrial products and businessmen’s contracts, and to provide employment for their citizens. In addition, France and Italy intended to settle the poor sections of their own populations on the most fertile land in North Africa. To achieve their economic objectives, Britain, France and Italy pursued a common policy of imposing their capitalist system, consumption pattern and secular legal framework upon the long established indigenous social order.
Forced indemnity payments of 37 million francs to the French authorities were also extracted as a punishment for the Kabyle inhabitants’ revolt against the French regime in 1871 (Abun-Nasr, 1971) as a desperate expression of the misery that had followed the 1866 and 1870 famines. e. the Islamic institution of waqf or habous) was abolished, and lands were purchased and put at the disposal of French and other European settlers. This colonial policy resulted in the virtual destruction of the two traditional institutions of Algeria – the waqf and the land-based tribal power.