This volume provides new perspectives on crony capitalism in the Middle East. It draws on rich empirical information on the activities of political connected firms in the economy and their impact on private sector development in the region.

Adeel Malik, Izak Atiyas, and Ishac Diwan: Introduction: Crony Capitalism in the Middle East: What Do We Know and Why Does it Matter? 1: Steffen Hertog: Is There an Arab Variety of Capitalism? Part I: Impact of cronyism on growth 2: Ishac Diwan, Philip Keefer, and Marc Schiffbauer: Pyramid Capitalism: Evidence from Egypt 3: Izak Atiyas, Ozan Bakis, and Esra Gurakar: Anatolian Tigers and the Emergence of the Devout Bourgeoisie in the Turkish Manufacturing Industry 4: Ishac Diwan and Jamal Ibrahim Haidar: Clienntelism, Cronyism, and Job Creation in Lebanon 5: Mohamed Said Saadi: Moroccan Cronyism: Facts, Mechanisms and Impact Part II: Mechanisms of privilege 6: Leila Baghdadi, Hassan Arouri, and Bob Rijkers: How Do Dictators Get Rich? State Capture in Ben Ali's Tunisia 7: Adeel Malik and Ferdinand Eibl: The Politics of Trade Protection in North Africa 8: Esra Gurakar and Tuba Bircan: Political Connections and Public Procurement in Turkey 9: Steve Monroe: Boundaries of Protectionism: Ethnic Politics and Crony Capitalism in Jordan Part III: Financial markets and cronyism 10: Cagatay Birkan and Orkun Saka: Elections and Economic Cycles: What Can We Learn from the Recent Turkish Experience? 11: Mohamed Oubenal: Crony Interlockers and the Centrality of Banks in Morocco 12: Jad Chaaban: I've got the Power: Mapping Connections between Lebanon's Banking Sector and the Ruling Class. 13: Ali Coskun, Serhat Cevikel, and Vedat Akgiray: State and Capital Markets in the Middle East 14: Kevan Harris: Iran's Commanding Heights: Conglomerate Ownership in the Islamic Republic Postface 15: Ishac Diwan: The Future of the Private Sector in an Age of Uncertainty

Uses rich empiricial analysis unparalleled in the literature on Middle Eastern economies Offers robust comparisons on the form and function of cronyism, including case studies from across the Middle East Feeds into global discussions about the Middle East and on the balance between corporate power and political power more broadly

Ishac Diwan is currently a Visiting Professor at SIPA - Columbia University. He holds the chair of the Socio-Economy of the Arab World at Paris Sciences et Lettres, a consortium of Parisian universities, and has held teaching positions at Harvard Kennedy School, Dauphine University, and New York University. He worked at the Work Bank for many years in the Research Complex, the Middle East and Africa departments, and the World Bank Institute. His work on international finance and on the Middle East is widely published. Professor Diwan directs the Political Economy program of the Economic Research Forum, an association of Middle East social scientists. Adeel Malik is Globe Fellow in the Economies of Muslim Societies at the Oxford Centre for Islamic Studies and a University Research Lecturer in Development Economics at the University of Oxford. He is also a Research Fellow in Economics at St. Peter's College, Oxford. Malik is trying to develop a broader research lens on political economy of the Middle East. His research articles have been published in Journal of Development Economics, Oxford Economic Papers, World Development, and Modern Asian Studies. His research on Middle Eastern political economy has featured in the CNN, New York Times, Project Syndicate, and Foreign Affairs. Izak Atiyas is an Associate Professor of Economics at Sabanci University, Istanbul, Turkey. He has worked as a senior economist at the World Bank in the Private Sector Development Department and at Bilkent University as visiting Assistant Professor of Economics. He has been with Sabanci University since 1998, and is also the Director of TUSiAD-Sabanci University Competitiveness Forum. His research areas include productivity, industrial policy, policy, political economy, regulation of network industries, and privatization.

Uses rich empiricial analysis unparalleled in the literature on Middle Eastern economies Offers robust comparisons on the form and function of cronyism, including case studies from across the Middle East Feeds into global discussions about the Middle East and on the balance between corporate power and political power more broadly