Want to create an interactive transcript for this episode?
Podcast: New Books in Economic and Business History
Episode: Jarmo T. Kotilaine, "Sustainable Prosperity in the Arab Gulf: From Miracle to Method" (Routledge, 2023)
Description: Tracing the development journey of the Arabian Gulf region with a forward-looking perspective, Sustainable Prosperity in the Arab Gulf: From Miracle to Method (Routledge, 2023) describes how a combination of good fortune, creative experimentation, and determination has enabled the region to achieve prosperity. Today, the Arabian Gulf is well-positioned to assume a pivotal role in the new global order. Forced to balance an extreme climate and acute resource constraints, but also an exceptional location, the region's progress and prosperity have historically been precarious and vulnerable to external shocks. Efforts to transcend resource dependency have typically involved proactive attempts to enable oth...