The armed forces champion a form of capitalism that is generating revenue, but its reliance on rent faces diminishing returns, leaving the country with massive sunk costs and deferred returns, deepening dependency on external borrowing.
Yezid Sayigh
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}Source: Getty
President Obama’s recent trip to Saudi Arabia has come at a time of strained ties, raising questions about the state of U.S. relationships in the region.
Source: Voice of America
Speaking with Voice of America’s Carol Castiel, Perry Cammack discussed President Obama’s recent trip to Saudi Arabia to meet with Gulf leaders and the state of the U.S.-Saudi relationship.
Former Nonresident Fellow, Middle East Program
Perry Cammack was a nonresident fellow in the Middle East Program at the Carnegie Endowment for International Peace, where he focuses on long-term regional trends and their implications for American foreign policy.
Hussein Ibish
Hussein Ibish is a senior resident scholar at the Arab Gulf States Institute in Washington. He is a weekly columnist for The National (UAE), former columnist for Bloomberg, regular contributor to The New York Times and The Daily Beast, and frequent contributor to many other U.S. and Middle Eastern publications. He has made thousands of radio and television appearances and was the Washington, DC correspondent for the Daily Star (Beirut). Many of Ibish’s articles are archived on his Ibish blog website.
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
The armed forces champion a form of capitalism that is generating revenue, but its reliance on rent faces diminishing returns, leaving the country with massive sunk costs and deferred returns, deepening dependency on external borrowing.
Yezid Sayigh
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