The shock discovery of oil in the Gulf States thrust them from relative obscurity to the forefront of international finance and politics. It coincided with the breakdown of the international monetary system and the twin food and energy crisis, all of which helped to magnify the impact of the oil price increases. Yet, despite the continuing oil wealth enjoyed by the Gulf States, their economy has suffered some damaging blows in the recent past. The Iran--Iraq War has imposed a heavy burden on the Gulf countries which have contributed huge sums to Iraq. Internally, the Gulf economies have been hurt by the speculative boom generated by the unofficial stock-market in Kuwait which collapsed in the summer of 1982. This book, by an Arab economist long experienced in working in the Gulf economy, reviews the prospects for the region in the light of these external and internal problems and, drawing on the Kuwaiti example, suggests ways in which changes can be made.
Since the early 1970s the oil producing countries of the Gulf have become a focus of intense interest worldwide. Most of this interest has centred on the oil giants, Saudi Arabia, Iran, even Iraq and Kuwait. Yet the United Arab Emirates is also among the largest producers, on a par with Kuwait, Nigeria and Libya, with reserves greater than the USA. Given its high economic growth rate, the UAE is an excellent laboratory in which to test and evaluate policies and programmes to effect rapid economic development. The international stature of the UAE far exceeds what its physical size, population and breadth of resources would seem to indicate. As a member of OPEC, the UAE has played a vital role within that body's 'price moderates'. With one of the world's highest per capita incomes and with ambitious development efforts under way, the UAE, not surprisingly, has become a major market for capital and consumer goods, involving substantial foreign services, banking, business and industry. Based on more than a decade of study, on-site research and interviews with key figures, this book - which mixes the practical with the academic approach - will prove of great value to Middle Eastern and development specialists, students and to the international business and financial communities.
This book outlines the evolution of policy and the course of Turkey's economic development since the foundation of Turkey's republic in 1923. Turkey is a fast-developing country with, over the last seventy years, a radically transformed economic and social structure. The concept of planned development was first applied as long as fifty years ago, long before other such approaches in the region. Furthermore, Turkey's post-war economic development has proceeded in a rare environment of a predominantly liberal, competitive political system. This book is the first comprehensive and up-to-date study of Turkish economic development and its relationship to political change.
First published in 1981.
Автор: Asian Development Bank Название: Monetary and Financial Integration in East Asia ISBN: 1403920869 ISBN-13(EAN): 9781403920867 Издательство: Springer Рейтинг: Цена: 139750.00 T Наличие на складе: Есть у поставщика Поставка под заказ. Описание: Since the 1997 Asian financial crisis, countries in East Asia have made efforts to promote regional monetary and financial cooperation to complement the evolving international financial architecture.
Автор: Yusuf A. Sayigh Название: Arab Oil Policies in the 1970s (RLE Economy of Middle East): Opportunity and Responsibility (Routledge Library Editions: The Economy of the Middle East) ISBN: 1138809969 ISBN-13(EAN): 9781138809963 Издательство: Taylor&Francis Рейтинг: Цена: 91860.00 T Наличие на складе: Невозможна поставка. Описание: Until 1973 few people, either in the advanced, industrial countries or in the developing countries of the Third World, thought seriously on the issues and complexities involved in the production and marketing of the oil on which they relied. It was only with the sudden steep increases in oil prices that the oil industry became a matter of general discussion, and the Organisation of Petroleum Exporting Countries (OPEC) became a front page topic for analysis and comment. However, real understanding of the organisation and its policies did not accompany this rush of interest and much confusion has followed. In particular, the Arab exporters have received the weight of the criticism although they have only a share in the market and not a monopoly. This book attempts to instil a greater mutual understanding between oil exporters and importers, although it is not a wholesale endorsement of Arab policies, by outlining the major policy areas in this field. It looks at new policy options and their implications in exploration, marketing and pricing and at downstream operations such as the petrochemical and gas industries. In conclusion, this study identifies the wide-ranging opportunities that the new oil policies have opened up for the Arab countries, in the national, regional and international context, and assesses and clarifies the responsibilities which accompany this success. First published in 1983.
Автор: Atif Kubursi Название: Oil, Industrialization & Development in the Arab Gulf States (Routledge Library Editions: The Economy of the Middle East) (Volume 23) ISBN: 1138810150 ISBN-13(EAN): 9781138810150 Издательство: Taylor&Francis Рейтинг: Цена: 117390.00 T Наличие на складе: Невозможна поставка. Описание: 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.
Автор: Dоlvik Jon Название: European Social Models From Crisis to Crisis: Employment and Inequality in the Era of Monetary Integration ISBN: 0198717962 ISBN-13(EAN): 9780198717966 Издательство: Oxford Academ Рейтинг: Цена: 93990.00 T Наличие на складе: Есть у поставщика Поставка под заказ. Описание: This book analyzes how the transformation of the European political economiesstretching from the crisis after German re-unification and through the Great Recessionhas influenced the social models, employment, and inequality in Western
Автор: Rouis Mustapha, Tabor Steven R. Название: Regional Economic Integration in the Middle East and North Africa: Beyond Trade Reform ISBN: 0821397265 ISBN-13(EAN): 9780821397268 Издательство: Mare Nostrum (Eurospan) Рейтинг: Цена: 23100.00 T Наличие на складе: Есть у поставщика Поставка под заказ. Описание: The Middle East and North Africa is one of the least globally and regionally integrated regions in the world. Although it is home to 5.5 percent of the world's population and 3.9 percent of the world's gross domestic product, the region's share of nonoil world trade is only 1.8 percent. Today's policy makers face critical development challenges that have been brought to the forefront by the Arab Spring, which they can address by boosting growth, fostering diversification, and stimulating employment.<br><br>This book summarises the constraints to and opportunities for deepening economic integration within the region and beyond. In addition to trade and investment reform, the book discusses other dimensions of economic integration including physical connectivity, cross-border trade facilitation, infrastructure networks, and the vital role of logistics services. It notes that building strategic infrastructure networks while opening infrastructure services to competition and trade could help reduce production costs, increase foreign direct investment, promote knowledge spillovers, and expand markets. And logistics performance, which varies substantially across the region, can be improved through more efficient border crossing facilities and better monitoring and harmonising of customs performance. Finally, citing the large number of preferential trade agreements in place, <em>Regional Economic Integration in the Middle East and North Africa: Beyond Trade Reform</em> stresses that these agreements can serve as a stepping-stone to global market integration.
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