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This integrated, analytic text presents a comprehensive analysis transformation and development of the political economy in the Middle East over the past several decades. In this updated third edition of A Political Economy of the Middle East, the book retains its focus on the interaction of economic development processes, state systems, and social actors even as it also: explores the impact of the Arab Spring and subsequent events in a wholly new chapter; documents the many changes in demography, education, labor markets, urbanization, water and agriculture, and international labor migration in the Middle East in recent years; considers the effect of rising oil prices on reinforcement of authoritarian governance in the region; refines its assessment of the Washington Consensus" to provide a more nuanced approach to the issue of the shifting balance of state and market in economic growth and reform; presents Islamism as a vital force in the region that is nonetheless a vast, diverse social movement with many conflicting participants.