Money, Oil, and Empire in the Middle East PDF Download
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Author: Steven G. Galpern
Publisher: Cambridge University Press
ISBN: 9781107657182
Category : Political Science
Languages : en
Pages : 0
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Book Description
This book is an important political and economic history of the unravelling of the British Empire and its connection to the decline of sterling as a leading international currency. Analyzing events such as the 1951 Iranian oil nationalization crisis and the 1956 Suez crisis, Steven Galpern provides a new perspective on British imperialism in the Middle East by reframing British policy in the context of the government's postwar efforts to maintain the international prestige of the pound. He reveals the link that British officials made between the Middle Eastern oil trade and the strength of sterling and how this influenced government policy and strained relationships with the Middle East, the United States, and multinational oil firms. In so doing, this book draws revealing parallels between the British experience and that of the United States today and will be essential reading for scholars of the British empire, Middle East studies and economic history.
Author: Steven G. Galpern
Publisher: Cambridge University Press
ISBN: 9781107657182
Category : Political Science
Languages : en
Pages : 0
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Book Description
This book is an important political and economic history of the unravelling of the British Empire and its connection to the decline of sterling as a leading international currency. Analyzing events such as the 1951 Iranian oil nationalization crisis and the 1956 Suez crisis, Steven Galpern provides a new perspective on British imperialism in the Middle East by reframing British policy in the context of the government's postwar efforts to maintain the international prestige of the pound. He reveals the link that British officials made between the Middle Eastern oil trade and the strength of sterling and how this influenced government policy and strained relationships with the Middle East, the United States, and multinational oil firms. In so doing, this book draws revealing parallels between the British experience and that of the United States today and will be essential reading for scholars of the British empire, Middle East studies and economic history.
Author: David M. Wight
Publisher: Cornell University Press
ISBN: 1501715747
Category : Political Science
Languages : en
Pages : 360
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Book Description
In Oil Money, David M. Wight offers a new framework for understanding the course of Middle East–US relations during the 1970s and 1980s: the transformation of the US global empire by Middle East petrodollars. During these two decades, American, Arab, and Iranian elites reconstituted the primary role of the Middle East within the global system of US power from a supplier of cheap crude oil to a source of abundant petrodollars, the revenues earned from the export of oil. In the 1970s, the United States and allied monarchies, including the House of Pahlavi in Iran and the House of Saud in Saudi Arabia, utilized petrodollars to undertake myriad joint initiatives for mutual economic and geopolitical benefit. These petrodollar projects were often unprecedented in scope and included multibillion-dollar development projects, arms sales, purchases of US Treasury securities, and funds for the mujahedin in Afghanistan. Although petrodollar ties often augmented the power of the United States and its Middle East allies, Wight argues they also fostered economic disruptions and state-sponsored violence that drove many Americans, Arabs, and Iranians to resist Middle East–US interdependence, most dramatically during the Iranian Revolution of 1979. Deftly integrating diplomatic, transnational, economic, and cultural analysis, Wight utilizes extensive declassified records from the Nixon, Ford, Carter, and Reagan administrations, the IMF, the World Bank, Saddam Hussein's regime, and private collections to make plain the political economy of US power. Oil Money is an expansive yet judicious investigation of the wide-ranging and contradictory effects of petrodollars on Middle East–US relations and the geopolitics of globalization.
Author: Rashid Khalidi
Publisher: Beacon Press
ISBN: 080700314X
Category : History
Languages : en
Pages : 248
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Book Description
Begun as the United States moved its armed forces into Iraq, Rashid Khalidi's powerful and thoughtful new book examines the record of Western involvement in the region and analyzes the likely outcome of our most recent Middle East incursions. Drawing on his encyclopedic knowledge of the political and cultural history of the entire region as well as interviews and documents, Khalidi paints a chilling scenario of our present situation and yet offers a tangible alternative that can help us find the path to peace rather than Empire. We all know that those who refuse to learn from history are doomed to repeat it. Sadly, as Khalidi reveals with clarity and surety, America's leaders seem blindly committed to an ahistorical path of conflict, occupation, and colonial rule. Our current policies ignore rather than incorporate the lessons of experience. American troops in Iraq have seen first hand the consequences of U.S. led "democratization" in the region. The Israeli/Palestinian conflict seems intractable, and U.S. efforts in recent years have only inflamed the situation. The footprints America follows have led us into the same quagmire that swallowed our European forerunners. Peace and prosperity for the region are nowhere in sight. This cogent and highly accessible book provides the historical and cultural perspective so vital to understanding our present situation and to finding and pursuing a more effective and just foreign policy.
Author: Michael Quentin Morton
Publisher: Reaktion Books
ISBN: 1780238614
Category : History
Languages : en
Pages : 265
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Book Description
Oil lies at the heart of the modern history of the Middle East. For decades, the world’s largest oil reserves have enriched the region’s nations. But oil wealth has not brought with it universal prosperity. It has, though, transformed the Middle Eastern people and societies—enriching empires and engendering anarchies. Empires and Anarchies is an unconventional history of oil in the Middle East. In Michael Quentin Morton’s account the burnt-out remains of Saddam Hussein’s armaments and the human tragedy of the Arab Spring are as much of the story as the shimmering skylines of oil-rich nations. From the first explorers trudging through the desert to the excesses of the Peacock Throne and the high stakes of OPEC, Morton lays out the history of oil in compelling detail, arguing that oil simultaneously enriched and fractured the Middle East, eroding traditional ways of life, and eventually contributing to the rise of Islamic radicalism. The book is essential reading for anyone interested in the promises and peril of the world’s oil boom.
Author: Roger Adelson
Publisher: Yale University Press
ISBN: 9780300060942
Category : Political Science
Languages : en
Pages : 272
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Book Description
In the first quarter of the twentieth century, the British Government, the banks, and leading individuals in London reached historic decisions that determined the name, shape, nature, and future of the region known as the Middle East. In this fascinating and readable book, Roger Adelson examines who made policy, on what grounds, with what information, and with what results. The setting for the narrative is London, then the world's greatest metropolis and its financial and political center. Adelson evokes the atmosphere of Whitehall, Fleet Street, the City of London, and Westminster, and paints a vivid portrait of the individuals (Churchill, Lloyd George, Curzon, Cromer, and others) who established the international agenda. Using an extensive range of public and private archives, he identifies issues of money, power, and territorial ambition at the heart of policy, and he describes decisions made in ignorance of and often wholly without reference to local interests. The book explores and explains British diplomacy both before and after the 1914-1918 War: the protection of the Suez Canal and Persian Gulf; the fear of a German drive to the East and subjugation of the Turks; the discovery of oil; the post-war suppression of nationalist aspirations and the establishment of collaborative regimes more in tune with London than with the Middle East itself. More clearly than any previous work, it identifies the virtual invention of the modern Middle East and the roots of the ethnic and nationalist antagonisms that characterize the region today.
Author: Jared Rubin
Publisher: Cambridge University Press
ISBN: 110703681X
Category : Business & Economics
Languages : en
Pages : 297
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Book Description
This book seeks to explain the political and religious factors leading to the economic reversal of fortunes between Europe and the Middle East.
Author: Walter Reid
Publisher: Birlinn
ISBN: 0857900803
Category : History
Languages : en
Pages : 588
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Book Description
At the end of the First World War Britain and to a much lesser extent France created the modern Middle East. The possessions of the former Ottoman Empire were carved up with scant regard for the wishes of those who lived there. Frontiers were devised and alien dynasties imposed on the populations as arbitrarily as in medieval times. From the outset the project was destined to failure. Conflicting and ambiguous promises had been made to the Arabs during the war but were not honoured. Brief hopes for Arab unity were dashed, and a harsh belief in western perfidy persists to the present day. Britain was quick to see the riches promised by the black pools of oil that lay on the ground around Baghdad. When France too grasped their importance, bitter differences opened up and the area became the focus of a return to traditional enmity. The war-time allies came close to blows and then drifted apart, leaving a vacuum of which Hitler took advantage. Working from both primary and secondary sources, Walter Reid explores Britain's role in the creation of the modern Middle East and the rise of Zionism from the early years of the twentieth century to 1948, when Britain handed over Palestine to UN control. From the decisions that Britain made has flowed much of the instability of the region and of the world-wide tensions that threaten the twenty-first century. How far was Britain to blame?
Author: Michael T. Klare
Publisher: Metropolitan Books
ISBN: 1429900571
Category : Political Science
Languages : en
Pages : 306
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Book Description
From the author of Resource Wars, a landmark assessment of the critical role of petroleum in America's actions abroad In his pathbreaking Resource Wars, world security expert Michael T. Klare alerted us to the role of resources in conflicts in the post-Cold War world. Now, in Blood and Oil, he concentrates on a single precious commodity, petroleum, while issuing a warning to the United States-its most powerful, and most dependent, global consumer. Since September 11th and the commencement of the "war on terror," the world's attention has been focused on the relationship between U.S. foreign policy in the Middle East and the oceans of crude oil that lie beneath the region's soil. Klare traces oil's impact on international affairs since World War II, revealing its influence on the Truman, Eisenhower, Nixon, and Carter doctrines. He shows how America's own wells are drying up as our demand increases; by 2010, the United States will need to import 60 percent of its oil. And since most of this supply will have to come from chronically unstable, often violently anti-American zones-the Persian Gulf, the Caspian Sea, Latin America, and Africa-our dependency is bound to lead to recurrent military involvement. With clarity and urgency, Blood and Oil delineates the United States' predicament and cautions that it is time to change our energy policies, before we spend the next decades paying for oil with blood.
Author: Roger Hardy
Publisher: Oxford University Press
ISBN: 1787380491
Category : History
Languages : en
Pages : 352
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Book Description
Almost fifty years after Britain and France left the Middle East, the toxic legacies of their rule continue to fester. To make sense of today's conflicts and crises, we need to grasp how Western imperialism shaped the region and its destiny in the half-century between 1917 and 1967. Roger Hardy unearths an imperial history stretching from North Africa to southern Arabia that sowed the seeds of future conflict and poisoned relations between the Middle East and the West. Drawing on a rich cast of eye-witnesses - ranging from nationalists and colonial administrators to soldiers, spies, and courtesans - The Poisoned Well brings to life the making of the modern Middle East, highlighting the great dramas of decolonisation such as the end of the Palestine mandate, the Suez crisis, the Algerian war of independence, and the retreat from Aden. Concise and beautifully written, The Poisoned Well offers a thought-provoking and insightful story of the colonial legacy in the Middle East.
Author: Ivan Eland
Publisher:
ISBN: 9781598130461
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
Debunking numerous myths that have emerged about the world's resources of oil, this book argues that the use of U.S. military power to secure oil is not only needless and costly--in both lives and money--but also counterproductive to U.S. security. Intended to make government, the media, and citizens think more rationally about oil and the use of military power to secure it, this account suggests that the free market is still the best vehicle to deliver the product most efficiently from producer to consumer and that a withdrawal of U.S. forces from the Persian Gulf would be beneficial in the context of potential terrorist threats. Thorough and invaluable, this focused analysis chronicles the history of the battle over oil.
