Neoliberalism and political economy in Middle East

Document Type : Original Article

Authors

Assistant Professor of political science (International Relations), Islamic Azad University, Tehran, Iran

10.22034/fr.2024.396848.1381

Abstract

is not possible to understand the nature of structural changes and the transformation of
the political economy of the Middle East and North Africa without understanding the current
of modernization and neoliberal policies in this region. The evidence is that the output of
neoliberal policies in the region is the collapse of models of capital accumulation in an
unbalanced way, the formation of The new class and the emergence of capitalism is a
greenhouse inside, which has had no result except the expansion of inequalities, ecological
crises, exploitation of women, increase in informal work and class gap, rising debt and food
crisisThe present article, with descriptive and analytical method, aims to answer the main
question that neoliberalism and its goals and indicators in the Middle East have had an effect
on the nature of the political economy of the region and the formation of new classes for the
benefit of the existing governments. The hypothesis is that the application of neoliberal
policies as a strongly government-oriented project will cause the internationalization of
capital in favor of authoritarian governments as regular managers of capitalism inside, the
formation of emigrant capitalism and global capitalism, structural adjustment.

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