Business as Usual?

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A01=Katherine Blue Carroll
Author_Katherine Blue Carroll
Category=KCP
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eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction

Product details

  • ISBN 9780739105054
  • Weight: 558g
  • Dimensions: 162 x 233mm
  • Publication Date: 21 Jan 2003
  • Publisher: Lexington Books
  • Publication City/Country: US
  • Product Form: Hardback
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Since the Jordanian State's establishment in 1921, Jordan's economy has predominantly relied on the financial support of other countries. Such external funding, known as 'rent,' was especially abundant between 1973 and 1989 when Jordan enjoyed an influx of petrodollars from the Gulf states. However, during the mid 1980's, sharply falling oil prices coupled with a cut off of Jordan's credit in world markets, created a budgetary crisis that severely threatened Jordan's distributive political economy. In her perspicacious examination, Katherine Blue Carroll explores the dynamic link between Jordan's business community and the state between 1983 and 2000, a period when declining rents and economic reform challenged the traditional rent-based economy. The Jordan case serves as a prime example of how state-business relations can be restructured to accommodate the demands of a market economy. By methodically examining the timing, content, and process of the change in state-business relations in Jordan, Carroll provides the scholarly community with a pertinent and valuable resource.
Katherine Blue Carroll is Assistant Dean at Vanderbilt University's College of Arts and Sciences.

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