The Reshaping Oil and Arms Trade between the United States and GCC: Is the Theory of Complex Interdependence Still Prevailing?

Akkas, Erhan; Altiparmak, Suleyman Orhun

Abstract

This paper makes use of interdependence theory to analyse the historical development of the economic relations between the GCC countries and the United States. The focus will be on oil and arms trade between the GCC countries and the United States. The results show that while the military and security dependence of the GCC countries on the United States remains relatively intact, the dependence of the United States on the natural resources of the GCC region has decreased. In light of this, the paper suggests that the historical interdependence between the GCC countries and the United States has recently evolved into a unilateral dependence and that the GCC countries’ natural resources are directed towards Asian countries.

Citation

Akkas, E., & Altiparmak, S. O. (2022). The Reshaping Oil and Arms Trade between the United States and GCC: Is the Theory of Complex Interdependence Still Prevailing?. Journal of Asian and African Studies, 57(7), 1430-1445. https://doi.org/10.1177/00219096211058880

• Journal Article Type: Article
• Acceptance Date: Oct 19, 2021
• Online Publication Date: Nov 15, 2021
• Publication Date: 2022-11
• Deposit Date: Feb 4, 2022
• Publicly Available Date: Jan 18, 2023
• Journal: Journal of Asian and African Studies
• Print ISSN: 0021-9096
• Electronic ISSN: 1745-2538
• Publisher: SAGE Publications
• Peer Reviewed: Peer Reviewed
• Volume: 57
• Issue: 7
• Pages: 1430-1445
• DOI: https://doi.org/10.1177/00219096211058880
• Public URL: https://durham-repository.worktribe.com/output/1217738