Rentier fiscal crisis and regime stability: Business-state relations in the Gulf

In: Studies in comparative international development, Band 37, Heft 1, S. 34-56

Abstract

Are sectorally dependent states destined to regime instability as a result of chronic fiscal crisis? Literature emphasizing the importance of a country's sectoral endowment suggests that oil exporters in particular should exhibit similar policy stagnation and regime decay as a result of fiscal crisis. The cases of Kuwait, Qatar, and Bahrain in 1980s and 1990s demonstrate that fiscal crisis outcomes are not uniform. This article develops the critique that structuralist assumptions about what drives business-state relations during crisis are flawed. (DSE/DÜI)