New Books in Economics

Steve L. Monroe, "Mirages of Reform: The Politics of Elite Protectionism in the Arab World" (Cornell UP, 2025)

Aug 19, 2025
Steve L. Monroe, an Assistant Professor of Political Science, explores the deep-rooted issues of elite protectionism in the Arab world. He reveals how geopolitical ties and social networks distort trade policies, leading to ineffective neoliberal reforms. Monroe discusses the deceptive nature of these reforms, particularly in Jordan, where relationships with global powers influence policy changes. He also examines the challenges faced by industrialists in navigating these political dynamics, shedding light on the complex interplay between state power and economic liberalization.
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INSIGHT

Paper Reforms Often Lack Real Trade Impact

  • Many industries in the Arab world appear liberalized on paper but do not experience greater trade integration in practice.
  • Formal neoliberal policies often fail to translate into actual increases in international trade.
INSIGHT

Connected Industries Get Deceptive Reform

  • Industries with stronger social ties to policymakers receive more extensive trade-policy reform on paper.
  • Yet those same socially connected industries remain insulated through informal protections that block real competition.
INSIGHT

Neopatrimonial Protection Undermines Liberalization

  • Informal, illegal protection like tax evasion and noncompetitive procurement shields connected industrialists from competition.
  • These neopatrimonial practices sustain protectionism despite formal neoliberal policies.
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