Research interests
New Institutional Economics; political economy of Muslim societies; politics of the private sector in the Middle East.
Adeel Malik
I am Globe Fellow in the Economies of Muslim Societies at the Oxford Centre for Islamic Studies, and an Associate Professor of development economics at Oxford University (Oxford Department of International Development). I am also a Senior Research Fellow at Lady Margaret Hall, and a Research Fellow in Economics at St Peter’s College, Oxford. In 2024, I served as a Visiting Associate Professor at Stanford University’s King Centre on Global Development. I hold a DPhil in Economics from the University of Oxford, which I completed as a Rhodes Scholar.
In terms of academic research, my primary area of interest is the political economy of development, with a particular focus on Muslim societies. I adopt an empirically rigorous, historically informed, and policy-relevant approach to address the big questions in political economy. My work combines the latest methods in causal identification with hand-collected data on firms, political families, and religious institutions. My recent research revolves around the following curiosities: how the relationship between religion, land, and politics shapes contemporary development outcomes in Muslim societies; how autocracies formulate their trade policies in the face of exogenous pressures to liberalize; how the introduction of irrigation technologies has influenced rural inequality; and how historically embedded institutional arrangements in frontier regions influence conflict against the state.
A second major strand of my research focuses on the political economy of the Middle East and North Africa (MENA), using a holistic and multi-disciplinary approach. Key themes explored as part of this emerging research agenda include the relationship between business and politics, as well as the role of oil, geo-politics, and global integration in shaping MENA political economy. I am the co-editor of Crony Capitalism in the Middle East published by Oxford University Press in 2019, and the author of 'The Economics of the Arab Spring', which was translated into Arabic, Italian, and several other languages and formed the basis for a dedicated feature in The Economist magazine.
Together, these disparate research strands aim to develop a deeper and more systematic understanding of the political economy of authoritarian rule in Muslim societies.
I have published in reputed academic journals, such as the Journal of European Economic Association, European Journal of Political Economy, Journal of Development Economics, Oxford Economic Papers, World Development, Review of International Political Economy, Journal of Historical Political Economy, Journal of Democracy, and Modern Asian Studies, among others.
My research has been featured in CNN, Fortune Magazine, The Times London, Financial Times, and Gulf News. I strongly believe in the role of the public intellectual. In that spirit, I have engaged with a wider audience by occasionally contributing op-ed pieces to The New York Times, Al-Jazeera, Huffington Post, and Foreign Policy Magazine. I am also a regular contributor and columnist at the Project Syndicate.
Beyond teaching and research, I am the co-founder and Academic Lead of the Oxford Pakistan Programme (OPP), which supports talented students from Pakistan to pursue graduate studies at Oxford University. I am also a Senior Associate of the Cairo-based Economic Research Forum, Senior Fellow of the Policy Initiative in Beirut, Research Fellow of CERP in Lahore, a Faculty Fellow of the Association for Analytic Learning about Islam and Muslim Societies (AALIMS), and Advisory Board Member of TIDE, Oxford. I have also previously held visiting research appointments at the University of Paris-Nantere (2018) and Harvard University (2001).
Teaching is more than a contractual obligation for Adeel. It is part of his intellectual mission, and a passion that sustains his existence in Oxford.He believes engaging with young scholars is one of the greatest privileges of being associated with Oxford University.
His teaching portfolio reflects an evolving interest in political economy, and spans three graduate programmes: the MPhil in Development Studies, the MPhil in Modern Middle Eastern Studies, and the MSc in Global Governance and Diplomacy. Some details are included below:
- Political Economy of the Middle East and North Africa: an option for the MPhil in Development Studies (shared with the MPhil in Modern Middle Eastern Studies)
- Political Economy of Institutions and Development: an option for the MSc in Global Governance and Diplomacy and the MPhil in Development Studies
Additional teaching duties include selective undergraduate tutorials on Quantitative Economics for St Peter’s College students. He is also supervising graduate dissertations on various aspects of Middle Eastern political economy.
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Books and monographs( ) Crony Capitalism in the Middle East: Business and Politics from Liberalization to the Arab Spring . , Oxford University Press
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Journal articles and special issues( ) Pakistan’s Coming Crisis . Journal of Democracy 35 (3) 69-83( ) The Predicament of Establishing Persistence: Slavery and Human Capital in Africa . Journal of Historical Political Economy 1 (3) 411-46( ) Politics of trade protection in an autocracy: Evidence from an EU tariff liberalization in Morocco . European Journal of Political Economy( ) Border economies of the Middle East: Why do they matter for political economy? . Review of International Political Economy( ) Pirs and Politics in Punjab, 1937-2013 . Modern Asian Studies 51 (6) 1818-61( ) Openness and Inflation Volatility: Panel Data Evidence . North American Journal of Economics and Finance 41 57-69( ) Rethinking the Rentier Curse . International Development Policy | Revue Internationale De Politique De Development 7 (1)( ) Islamic Finance: Ethics, Principles and Practice . CFA Research Foundation Reviews 9 (3) 1-120( ) A Requiem for the Arab Development Model . Journal of International Affairs 68 (1) 93-115( ) The Economics of the Arab Spring . World Development 45 296–313( ) Natural Resources, Export Structure and Investment . Oxford Economic Papers 61 (4) 675-702( ) The Geography of Output Volatility . Journal of Development Economics 90 (2) 163-78
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Chapters( ) Obfuscated liberalization: how special interest groups capture trade policy in Pakistan . In Nadeem Ul Haque and Faheem Jehangir Kha RASTA: Local Research, Local Solutions, Political Economy of Development Reform VI , Pakistan Institute of Development Economics( ) Beyond the resource curse: Rents and development in the Middle East . In A Galal, I Diwan Middle East Economies in Transition , Basingstoke: Palgrave Macmillan( ) The Political Economy of Arab Uprisings . In Steven N Durlauf, Lawrence E Blume The New Palgrave Dictionary of Economics , (Online Edition) Palgrave Macmillan( ) Oil in the Islamic Republic of Iran: Dependence, Distortions and Distribution . In P Collier, T Venables Plundered Nations? Successes and Failures in Natural Resource Extraction , Basingstoke: Palgrave Macmillan( ) Towards a Competitive Manufacturing Sector in Nigeria . In P Collier, C C Soludo, C Pattillo Economic Policy Options for a Prosperous Nigeria , Basingstoke: Palgrave Macmillan( ) Democratic Governance for Human Security . Human Development in South Asia , Karachi: Oxford University Press( ) Asian Drama Revisited . In K Haq The South Asian Challenge , Karachi: Oxford University Press
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Reports( ) Poverty and the Social Sectors: The World Bank in Pakistan . , Operations Evaluations Department, The World Bank
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Working papers( ) Frontier rule and conflict . CSAE Working Papers( ) The Politics of Partial Liberalization: Cronyism and Non-tariff Protection in Mubarak’s Egypt . CSAE Working Paper 27 , Centre for the Study of African Economies, Economics Department, University of Oxford( ) The Political Economy of Macroeconomic Policy in Arab Resource-Rich Economies . ERF Working Paper 1034 , Economic Research Forum, Cairo( ) From Resource Curse to Rent Curse: Toward a New Political Economy of the Middle East . African Development Bank Working Papers( ) Religion, Land and Politics: Shrines and Literacy in Punjab . PSSP Working Paper 30, , Washington, DC: International Food Policy Research Institute (IFPRI)( ) Was the Middle East's Economic Descent a Legal or Political Failure: Debating the Islamic Law Matters Thesis . CSAE Working Paper 2012/08 , Centre for the Study of African Economies, Economics Department, University of Oxford( ) Explaining Cross-country Variation in Investment: The Role of Endowments, Institutions and Finance . CSAE Working Paper , Centre for the Study of African Economies, Economics Department, University of Oxford( ) Trade Openness and Inflation Volatility . Department of Economics Working Paper, Oxford , Oxford: Economics Department
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Other publications( ) Diversification of Middle Eastern Economies is More a Political than an Economic Challenge . LCPS Policy Brief , Lebanese Center for Policy Studies, Beirut