Oil and Development in the Middle East
Author | : David G. Edens |
Publisher | : Greenwood |
Total Pages | : 208 |
Release | : 1979 |
Genre | : Business & Economics |
ISBN | : |
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Author | : David G. Edens |
Publisher | : Greenwood |
Total Pages | : 208 |
Release | : 1979 |
Genre | : Business & Economics |
ISBN | : |
Author | : Michael Quentin Morton |
Publisher | : Reaktion Books |
Total Pages | : 265 |
Release | : 2017-09-15 |
Genre | : History |
ISBN | : 1780238614 |
Oil lies at the heart of the modern history of the Middle East. For decades, the world’s largest oil reserves have enriched the region’s nations. But oil wealth has not brought with it universal prosperity. It has, though, transformed the Middle Eastern people and societies—enriching empires and engendering anarchies. Empires and Anarchies is an unconventional history of oil in the Middle East. In Michael Quentin Morton’s account the burnt-out remains of Saddam Hussein’s armaments and the human tragedy of the Arab Spring are as much of the story as the shimmering skylines of oil-rich nations. From the first explorers trudging through the desert to the excesses of the Peacock Throne and the high stakes of OPEC, Morton lays out the history of oil in compelling detail, arguing that oil simultaneously enriched and fractured the Middle East, eroding traditional ways of life, and eventually contributing to the rise of Islamic radicalism. The book is essential reading for anyone interested in the promises and peril of the world’s oil boom.
Author | : Stephen Hemsley Longrigg |
Publisher | : London, New York : Oxford University Press |
Total Pages | : 430 |
Release | : 1961 |
Genre | : Arab countries |
ISBN | : |
Traces the rise of petroleum development in the Middle East, the speed and scale of which led it to become, in two decades, a vital factor in world economies. It also discusses the international significance of the existence of this form of wealth concentrated in an area with a known history of political sensitiveness and strategic value.
Author | : Dr King |
Publisher | : Capstone Classroom |
Total Pages | : 60 |
Release | : 2005-11 |
Genre | : History |
ISBN | : 9781410916303 |
Examines the impact of the Middle East's oil industry on the development of the region's countries, the benefit of oil income to the region's people, the role of oil in the conflicts of the Middle East, and other topics related to the Middle Eastern oil industry.
Author | : Benjamin Shwadran |
Publisher | : Westview Press |
Total Pages | : 656 |
Release | : 1985-09-03 |
Genre | : History |
ISBN | : |
Author | : Atif Kubursi |
Publisher | : Routledge |
Total Pages | : 159 |
Release | : 2015-05-15 |
Genre | : Social Science |
ISBN | : 1317592956 |
Were oil supplies everlasting and the demand for oil strong and continuous, economic diversification in the Gulf would be pointless. However oil reserves are finite and non-renewable and the world demand for oil from the Gulf region is simply not stable. Collectively the countries of the Gulf face the striking prospect that unless priorities and plans are set with care the gestation period of their economic development may be longer than the expected life of their hydrocarbon resources. This book examines just that threat. It considers the opportunities available to the Gulf states for accumulating sufficient productive capital in the non-oil sectors of their economy to offset the drawing down of oil reserves. The book pays particular attention to the possibilities of development through cooperation not only within the Gulf Cooperation Council but also within the larger Arab region and the Third World as a whole. It concludes with a critical review of the main challenges that these economies are facing and are likely to face in the near future with special emphasis on their major problems and failures. First published in 1984.
Author | : University of Toronto. Middle East Studies Committee |
Publisher | : Washington : American Enterprise Institute for Public Policy Research |
Total Pages | : 136 |
Release | : 1975 |
Genre | : Political Science |
ISBN | : |
Author | : Martin Beck |
Publisher | : Manchester University Press |
Total Pages | : 204 |
Release | : 2021-08-17 |
Genre | : Political Science |
ISBN | : 1526149087 |
The downhill slide in the global price of crude oil, which started mid-2014, had major repercussions across the Middle East for net oil exporters, as well as importers closely connected to the oil-producing countries from the Gulf. Following the Arab uprisings of 2010 and 2011, the oil price decline represented a second major shock for the region in the early twenty-first century – one that has continued to impose constraints, but also provided opportunities. Offering the first comprehensive analysis of the Middle Eastern political economy in response to the 2014 oil price decline, this book connects oil market dynamics with an understanding of socio-political changes. Inspired by rentierism, the contributors present original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The studies reveal a large diversity of country-specific policy adjustment strategies: from the migrant workers in the Arab Gulf, who lost out in the post-2014 period but were incapable of repelling burdensome adjustment policies, to Egypt, Jordan, and Lebanon, who have never been able to fulfil the expectation that they could benefit from the 2014 oil price decline. With timely contributions on the COVID-19-induced oil price crash in 2020, this collection signifies that rentierism still prevails with regard to both empirical dynamics in the Middle East and academic discussions on its political economy.
Author | : Hossein Askari |
Publisher | : Edward Elgar Publishing |
Total Pages | : 383 |
Release | : 2007-01-01 |
Genre | : Technology & Engineering |
ISBN | : 1847204090 |
This volume is unique and unprecedented in the way that it ties together various political and economic dimensions to draw a picture of the future Middle East scenarios. It gives us a far-reaching analysis of the reasons underlying economic conditions in the major oil-exporting countries of the Middle East. It also provides a comprehensive and positive blueprint for a social, political and economic turnaround. Hossein Askari s insider experience in most of these countries makes this valuable work a must-read for specialists and students of the area. Hossein Razavi, Director of Finance, Private Sector and Infrastructure Department, Middle East and North Africa Region, The World Bank, US Anyone who wants to grasp the economic status of this rather special, perhaps unique, part of the world will find here a knowledgeable and assiduous guide. Secondly, the book presents a strong and uncompromising argument about what these countries must do, and what the West must do, to improve the economic performance and social fabric of the MENA region, and thus better the daily lives of the inhabitants. From the foreword by Robert M. Solow, Nobel Laureate, Massachusetts Institute of Technology, US Hossein Askari argues here that economic and social failure in the oil-exporting countries of the Middle East is a result of much more than simply shortcomings in economic policies. He analyzes religion, corruption, instability, wars and foreign interference as factors affecting the region and offers solutions that incorporate Islamic teachings, regional peace efforts, market-oriented economic policies, sound institutions and unselfish policy support from the West. Middle East Oil Exporters presents a detailed picture of the economic structure and a critical survey of the recent economic performance of the Middle East. The focus is especially on the large oil-exporting nations, although the smaller producers are represented as well. The author illustrates how oil has become a crutch to avoid reforms, destroying the work ethic of the region, fuelling corruption and poisoning the social and cultural fabric of society to keep unpopular governments in power. In addition, he provides a view of the social, economic, and political implications of Islamic doctrine. In this context he examines the institutions of governance and determines that they have performed poorly, often in blatant violation of Islamic principles. This in-depth analysis is accompanied by a comprehensive prescription for a turnaround in the Middle East. Hossein Askari s unique and insightful critique is essential reading for students and scholars of the Middle East, as well as policymakers involved in the region. Executives of financial institutions and private corporations will also want to understand the region for their energy needs and as a market for their products and services.
Author | : Russell A. Stone |
Publisher | : Greenwood |
Total Pages | : 296 |
Release | : 1977 |
Genre | : Business & Economics |
ISBN | : |
Monograph on the influence of OPEC on economic and social development in the Middle East - surveys the social implications and political aspects of increased foreign exchange earnings, public investments and development policy objectives, and shows the effects of modernization and social change in Egypt, Iraq, Algeria and Iran, Islamic Republic. Graphs, references and statistical tables.