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Middle East correspondent for The Wall Street Journal from 1998 to 2001, Glain compares what he sees as the parochial, intolerant, corrupt Arab economy of today to that of the enlightened ancient Islamic caliphates. Any policy that fails to deal aggressively with the Arab world's jaundiced economics will never remove the real sources of instability, he says. Annotation ©2004 Book News, Inc., Portland, OR
Glain's study is largely anecdotal, and while it provides a good deal of color about the Middle East, it often fails to advance a real thesis about the factors, realities and consequences of the region's economic decline. Glain gives the reader the sense that there's a great cast of characters who play their roles according to their own scripts, but his account is short on serious commentary about how these figures fit into the larger narrative. However, the stories do often provide a unique look into the Arab world. Boston Globe reporter Glain, previously Middle East correspondent for the Wall Street Journal, covers Lebanon, Syria, Jordan, Palestine, Iraq and Egypt, all with close journalistic attention. He accurately conveys the longstanding tensions between Jordan's affluent "East Bankers" and its large, commercially oriented but disenfranchised Palestinian population. Glain cleverly explains Iraq as a "beach ball" because it is such a major market in the region that "it cannot be submerged." He explains how wasta, or "the primacy of relationships over legality," affects the general political and economic landscape by encouraging backwardness and corruption. As an impressive corpus of anecdotes and a testament to Glain's exciting and wide-ranging career as a journalist, this book is a success. As a breakthrough work about the economic decline of the Arab world, it misses the mark. (June 18) Copyright 2004 Reed Business Information.
More Reviews and RecommendationsStephen Glain joined The Wall Street Journal in 1991. From 1998 to 2001, he was the Journal's Middle East correspondent, based in Amman, Jordan. He now covers the Middle East for The Boston Globe.
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June 29, 2006: If you are looking for a book providing anaylsis on the economics of the Arab world, this is not it. The Arab world streches from Morraco to Iraq, yet the author only covers the handful of nations of the Levant. How does one understand the economics of the Arab world without exploring the oil industry of the Gulf nations, which dominates the economy and politics of the entire Middle East. The author's agenda is to blame the West in general and the US specifically for every problem in the region. Throughout the book he constantly pushes politically correct propaganda about Islam's peaceful history and tolerance and protection of other religious groups. The author paints a picture of an enlightend Islamo-Arab utopia that knew no malice until provoked by European Crusaders and colonization. And somehow the US is responsible now for what Europeans did then. In reality Islamic history is full of conquest, enslavement, violent coups, despotism, and pogroms. In this age of a global ecomomy, it is true that the politics and economics of the US (the richest nation) greatly influence the rest of the world. However, the author fails to consider the major factors contributing to Arab economic stagnation, such as cultural aversion to many types of work - low worker productivity compared to the rest of the world - geography that lacks diverse natural resources - cultural acceptance of corruption, graft, and nepotism at every level of government and business - religiously imposed finacial restrictions that are incompatible with modern banking systems - tribalism and sectarianism - the malaise that fell over the Arab world under the administration of the Ottomans (another Muslim empire). The author provides no depth of analysis. In fact, other than conveying the personal experiences and opinions of a few minor businessmen, this book isn't about economics at all. If you are looking for insight into economics of the Arab world don't waste your time with this book.