THE IMPLICATIONS OF CHANGE AND CONTINUITY IN GCC LEADERSHIPS ON STATE–BUSINESS ELITE RELATIONS: THE CASES OF SAUDI ARABIA AND KUWAIT
<p dir="ltr">The changes and continuities in the policies of the Saudi and Kuwaiti leaderships since the onset of the ‘Arab Spring’ in 2011 have significantly influenced the nexus of relations between the state and business elites, a nexus which significantly affects the variation be...
محفوظ في:
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2025
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| الملخص: | <p dir="ltr">The changes and continuities in the policies of the Saudi and Kuwaiti leaderships since the onset of the ‘Arab Spring’ in 2011 have significantly influenced the nexus of relations between the state and business elites, a nexus which significantly affects the variation between the two rentier states’ diversification processes. Saudi Arabia is a hydrocarbon-reliant state undergoing rapid social and economic transformations caused by the shift in Saudi domestic policies after the 2015 change in the country’s leadership. These policies aim to steer Saudi Arabia away from traditional rentier models towards late rentier state parameters. In contrast, Kuwait largely maintains the classical rentier state model, with continued leadership policies focused on securing population loyalty through subsidies. These policies were also entrenched by other domestic political actors and the influential business elites. This has impeded the country’s diversification and development prospects. The study traces how the changes in leadership policies and efforts to transform the social contract (in the case of Saudi Arabia) or their partial absence (in the case of Kuwait) have affected state – business elite relations in both monarchies over the past decade. It considers the role of business elites in national visions through ‘rentier state theory’ (RST) and its augmented version, ‘late rentierism’ (LRST).</p><h2 dir="ltr">Other Information</h2><p dir="ltr">Published in: Asian Affairs<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1080/03068374.2025.2453914" target="_blank">https://dx.doi.org/10.1080/03068374.2025.2453914</a></p> |
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