This volume brings together, for the first time, distinguished Gulf experts to analyze the renewed geo-economic prominence of the oil-exporting states in the Gulf. It investigates some of these 'new power brokers' in the world economy and what this shift in global economic power means for the international economic system.

Matteo Legrenzi is Assistant Professor in the Graduate School of Public and International Affairs, University of Ottawa, Canada and Bessma Momani is an Associate Professor at the University of Waterloo, Canada

Introduction: The Geo-Economic Power of the Gulf, Bessma Momani, Matteo Legrenzi; Part I Economic Diversification and Rentier Politics in the Gulf Arab States; Chapter 1 Gulf Arab States' Investment of Oil Revenues, Mary Ann Tétreault; Chapter 2 The Political Economy of Monetary Integration and Exchange Rate Regime in the GCC, Giacomo Luciani; Chapter 3 Economic Diversification in the Gulf Arab States: Lip Service or Actual Implementation of a New Development Model?, Martin Hvidt; Chapter 4, Steffen Hertog; Chapter 5 Institutional Competition and Symbiosis in the Gulf: The Politics of Efforts to Establish an International Islamic Financial Policy Forum, Andrew Baker; Chapter 6 Oil and Financialization in the Gulf Cooperation Council, Samer N. Abboud; Part II Gulf Arab Investments and Trade; Chapter 7 The GCC's International Investment Dynamics: The Role of Sovereign Wealth Funds, Rachel Ziemba, Anton Malkin; Chapter 8 Arab Sovereign Wealth Funds: The Challenge of Transparency, Sara Bazoobandi, Tim Niblock; Chapter 9 Gulf Arab Sovereign Wealth Funds: Governance and Institution Building, Sven Behrendt; Chapter 10 Shifting Gulf Arab Investments into the Mashreq: Underlying Political Economy Rationales?, Bessma Momani; Chapter 11 The Gulf Arab States and Asia Pacific: Geo-Economics and Interdependency, Christopher M. Davidson; Chapter 12 Geo-Political Complications of US Free Trade Agreements with Gulf Arab Countries, Fred H. Lawson; conclusion Conclusion - Repositioning the Gulf: The GCC in the Twenty-First Century Global Political Economy, Crystal A. Ennis, Paul Doherty;