WHAT DRIVES THE CHANGES IN THE GULF OIL MONARCHIES?

The article identifies four main events driving the current changes in thePersian Gulfoil monarchies. Located in a troubled and unstable region of the Middle East with the oil prices declining after the events of the “Arab spring” and election of Donald Trump as president of theUnited States, Gulf o...

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Main Author: N. Kjurchiski
Format: Article
Language:English
Published: MGIMO University Press 2017-11-01
Series:Vestnik MGIMO-Universiteta
Subjects:
Online Access:https://www.vestnik.mgimo.ru/jour/article/view/679
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author N. Kjurchiski
author_facet N. Kjurchiski
author_sort N. Kjurchiski
collection DOAJ
description The article identifies four main events driving the current changes in thePersian Gulfoil monarchies. Located in a troubled and unstable region of the Middle East with the oil prices declining after the events of the “Arab spring” and election of Donald Trump as president of theUnited States, Gulf oil monarchies are under pressure from inside and outside to undergo significant changes. As a consequence, validity of the theory of «monarchical exclusiveness» is called into question. The political elites in the monarchies recognize the need to depart from the status quo, although the phenomenon of the «king’s dilemma» is still present there. The author argues that the monarchy should undergo conservative liberalization. To avoid political destabilization they should apply a gradual, evolutionary approach to liberalization providing their societies with enough time to adapt to new developments. Along with the gradual liberalisation process there is also need in institutional development to make institutions stronger and more independent.
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publishDate 2017-11-01
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series Vestnik MGIMO-Universiteta
spelling doaj-art-b4e4803041ea454987ef8f3421af5a5b2025-01-30T12:15:52ZengMGIMO University PressVestnik MGIMO-Universiteta2071-81602541-90992017-11-0105(56)19920810.24833/2071-8160-2017-5-56-199-208678WHAT DRIVES THE CHANGES IN THE GULF OIL MONARCHIES?N. Kjurchiski0Russian Presidential Academy of National Economy and Public Administration (RANEPA)The article identifies four main events driving the current changes in thePersian Gulfoil monarchies. Located in a troubled and unstable region of the Middle East with the oil prices declining after the events of the “Arab spring” and election of Donald Trump as president of theUnited States, Gulf oil monarchies are under pressure from inside and outside to undergo significant changes. As a consequence, validity of the theory of «monarchical exclusiveness» is called into question. The political elites in the monarchies recognize the need to depart from the status quo, although the phenomenon of the «king’s dilemma» is still present there. The author argues that the monarchy should undergo conservative liberalization. To avoid political destabilization they should apply a gradual, evolutionary approach to liberalization providing their societies with enough time to adapt to new developments. Along with the gradual liberalisation process there is also need in institutional development to make institutions stronger and more independent.https://www.vestnik.mgimo.ru/jour/article/view/679monarchies of the persian gulfmonarchical exclusivenesschangesconservative liberalization
spellingShingle N. Kjurchiski
WHAT DRIVES THE CHANGES IN THE GULF OIL MONARCHIES?
Vestnik MGIMO-Universiteta
monarchies of the persian gulf
monarchical exclusiveness
changes
conservative liberalization
title WHAT DRIVES THE CHANGES IN THE GULF OIL MONARCHIES?
title_full WHAT DRIVES THE CHANGES IN THE GULF OIL MONARCHIES?
title_fullStr WHAT DRIVES THE CHANGES IN THE GULF OIL MONARCHIES?
title_full_unstemmed WHAT DRIVES THE CHANGES IN THE GULF OIL MONARCHIES?
title_short WHAT DRIVES THE CHANGES IN THE GULF OIL MONARCHIES?
title_sort what drives the changes in the gulf oil monarchies
topic monarchies of the persian gulf
monarchical exclusiveness
changes
conservative liberalization
url https://www.vestnik.mgimo.ru/jour/article/view/679
work_keys_str_mv AT nkjurchiski whatdrivesthechangesinthegulfoilmonarchies