The Economics Of Middle Eastern Oil

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Oil and the political economy in the Middle East

Author : Martin Beck
Publisher : Manchester University Press
ISBN 13 : 1526149087
Total Pages : 204 pages
Book Rating : 4.5/5 (261 download)

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Book Synopsis Oil and the political economy in the Middle East by : Martin Beck

Download or read book Oil and the political economy in the Middle East written by Martin Beck and published by Manchester University Press. This book was released on 2021-08-17 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Economics of Middle Eastern Oil

Author : Charles Philip Issawi
Publisher : New York : Praeger
ISBN 13 :
Total Pages : 256 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis The Economics of Middle Eastern Oil by : Charles Philip Issawi

Download or read book The Economics of Middle Eastern Oil written by Charles Philip Issawi and published by New York : Praeger. This book was released on 1963 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oil, the Middle East, and the World

Author : Charles Philip Issawi
Publisher :
ISBN 13 :
Total Pages : 104 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Oil, the Middle East, and the World by : Charles Philip Issawi

Download or read book Oil, the Middle East, and the World written by Charles Philip Issawi and published by . This book was released on 1972 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Political and Economic Challenges of Energy in the Middle East and North Africa

Author : David Ramin Jalilvand
Publisher : Routledge
ISBN 13 : 1351783483
Total Pages : 302 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis The Political and Economic Challenges of Energy in the Middle East and North Africa by : David Ramin Jalilvand

Download or read book The Political and Economic Challenges of Energy in the Middle East and North Africa written by David Ramin Jalilvand and published by Routledge. This book was released on 2017-11-22 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Middle East and North Africa (MENA) are in disarray, and shifts in the field of energy have the potential to drastically affect the course of political and economic developments in the region. Declining oil prices, skyrocketing domestic demand, the rise of unconventional oil and natural gas production in North America, as well as shifting patterns of global energy trade all put severe pressures on both producing and importing countries in the MENA region. Policy-makers are facing fundamental challenges in light of the duality of grand transformations in (geo)politics and energy. Changes in the field of energy require substantial political and economic reforms, affecting the very fabric of sociopolitical arrangements. At the same time, the MENA region’s geopolitical volatility makes any such reforms extremely risky. Including contributions by academics and analysts from both inside and outside the MENA region, this volume explores the changes in global and regional energy, the impact of changing international energy dynamics on politics and economies in the MENA region, and the challenges that will result. This is essential reading for researchers, postgraduates, and professionals in Middle Eastern and North African politics, global energy governance and regionalism.

The Middle East Oil Decade and Beyond

Author : Gad G. Gilbar
Publisher : Routledge
ISBN 13 : 1135248575
Total Pages : 152 pages
Book Rating : 4.1/5 (352 download)

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Book Synopsis The Middle East Oil Decade and Beyond by : Gad G. Gilbar

Download or read book The Middle East Oil Decade and Beyond written by Gad G. Gilbar and published by Routledge. This book was released on 2013-11-05 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study of fundamental aspects of the oil decade examines the influence of oil production, export and revenues on domestic, regional and international relations. It highlights the expansion of higher education in the Arab world, and the increase in demand for industrial and consumer goods.

Middle East Oil

Author : George Ward Stocking
Publisher :
ISBN 13 :
Total Pages : 508 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis Middle East Oil by : George Ward Stocking

Download or read book Middle East Oil written by George Ward Stocking and published by . This book was released on 1970 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rulers, Religion, and Riches

Author : Jared Rubin
Publisher : Cambridge University Press
ISBN 13 : 110703681X
Total Pages : 297 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Rulers, Religion, and Riches by : Jared Rubin

Download or read book Rulers, Religion, and Riches written by Jared Rubin and published by Cambridge University Press. This book was released on 2017-02-16 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book seeks to explain the political and religious factors leading to the economic reversal of fortunes between Europe and the Middle East.

The Political Economy of Middle Eastern Oil

Author : Mary Ann Tétreault
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (66 download)

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Book Synopsis The Political Economy of Middle Eastern Oil by : Mary Ann Tétreault

Download or read book The Political Economy of Middle Eastern Oil written by Mary Ann Tétreault and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Middle East Oil Exporters

Author : Hossein Askari
Publisher : Edward Elgar Publishing
ISBN 13 : 1847204090
Total Pages : 383 pages
Book Rating : 4.8/5 (472 download)

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Book Synopsis Middle East Oil Exporters by : Hossein Askari

Download or read book Middle East Oil Exporters written by Hossein Askari and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Growth of Firms, Middle East Oil and Other Essays

Author : Edith Penrose
Publisher : Routledge
ISBN 13 : 0429615272
Total Pages : 383 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis The Growth of Firms, Middle East Oil and Other Essays by : Edith Penrose

Download or read book The Growth of Firms, Middle East Oil and Other Essays written by Edith Penrose and published by Routledge. This book was released on 2019-04-18 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in 1971: At first glance it might seem that the three subjects dealt with in the essays written over the last twenty years and now collected in this volume could hardly be more diverse, beginning with the growth of the firm and moving from the international petroleum industry to the Middle East generally. Oddly enough, however, these subjects are connected by the same type of historical logic that characterizes the diversification of an industrial firm: the logic in the simple principle that one thing leads to another.

Arabian Oil

Author : Raymond F. Mikesell
Publisher :
ISBN 13 : 9780807879221
Total Pages : 0 pages
Book Rating : 4.8/5 (792 download)

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Book Synopsis Arabian Oil by : Raymond F. Mikesell

Download or read book Arabian Oil written by Raymond F. Mikesell and published by . This book was released on 2011-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arabian Oil: America's Stake in the Middle East

The Middle East

Author : David Nicholas
Publisher :
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.X/5 ( download)

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Book Synopsis The Middle East by : David Nicholas

Download or read book The Middle East written by David Nicholas and published by . This book was released on 1981 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Middle East and North Africa in a Changing Oil Market

Author : Mr.Bright E Okogu
Publisher : International Monetary Fund
ISBN 13 : 9781589062344
Total Pages : 32 pages
Book Rating : 4.0/5 (623 download)

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Book Synopsis The Middle East and North Africa in a Changing Oil Market by : Mr.Bright E Okogu

Download or read book The Middle East and North Africa in a Changing Oil Market written by Mr.Bright E Okogu and published by International Monetary Fund. This book was released on 2003-09-05 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world oil market has undergone a series of changes that have reduced the share of oil in the global energy balance and, with it, the influence of Middle Eastern oil exporters. In spite of oil’s loss of ground, however, Middle Eastern countries remain at the center of world oil developments. This paper focuses on the developments in the international oil market, the role of Middle Eastern countries therein, and the policy challenges arising from the dependency on oil.

A History of Middle East Economies in the Twentieth Century

Author : Roger Owen
Publisher : Harvard University Press
ISBN 13 : 9780674398306
Total Pages : 336 pages
Book Rating : 4.3/5 (983 download)

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Book Synopsis A History of Middle East Economies in the Twentieth Century by : Roger Owen

Download or read book A History of Middle East Economies in the Twentieth Century written by Roger Owen and published by Harvard University Press. This book was released on 1998 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text offers an examination of the economic history of the principal Arab countries, Turkey and Israel since 1918. Using the state as its major economic analysis, it charts the growth of national income and issues of welfare and distribution over two periods, 1918-1945 and 1945-1990. Important trends are explored, including the patterns of colonial economic management, import substitution, the impact of the 1970s oil boom, and the current process of liberalization and structural adjustment

The Wages of Oil

Author : Michael Herb
Publisher : Cornell University Press
ISBN 13 : 0801454689
Total Pages : 356 pages
Book Rating : 4.8/5 (14 download)

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Book Synopsis The Wages of Oil by : Michael Herb

Download or read book The Wages of Oil written by Michael Herb and published by Cornell University Press. This book was released on 2014-12-18 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contrast between Kuwait and the UAE today illustrates the vastly different possible futures facing the smaller states of the Gulf. Dubai's rulers dream of creating a truly global business center, a megalopolis of many millions attracting immigrants in great waves from near and far. Kuwait, meanwhile, has the most spirited and influential parliament in any of the oil-rich Gulf monarchies. In The Wages of Oil, Michael Herb provides a robust framework for thinking about the future of the Gulf monarchies. The Gulf has seen enormous changes in recent years, and more are to come. Herb explains the nature of the changes we are likely to see in the future. He starts by asking why Kuwait is far ahead of all other Gulf monarchies in terms of political liberalization, but behind all of them in its efforts to diversify its economy away from oil. He compares Kuwait with the United Arab Emirates, which lacks Kuwait’s parliament but has moved ambitiously to diversify. This data-rich book reflects the importance of both politics and economic development issues for decision-makers in the Gulf. Herb develops a political economy of the Gulf that ties together a variety of issues usually treated separately: Kuwait's National Assembly, Dubai's real estate boom, the paucity of citizen labor in the private sector, class divisions among citizens, the caste divide between citizens and noncitizens, and the politics of land.

The Oil Curse

Author : Michael L. Ross
Publisher : Princeton University Press
ISBN 13 : 0691159637
Total Pages : 314 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Oil Curse by : Michael L. Ross

Download or read book The Oil Curse written by Michael L. Ross and published by Princeton University Press. This book was released on 2013-09-08 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth--and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats--and twice as likely to descend into civil war--than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.

Oil, Industrialization & Development in the Arab Gulf States (RLE Economy of Middle East)

Author : Atif Kubursi
Publisher : Routledge
ISBN 13 : 1317592948
Total Pages : 155 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Oil, Industrialization & Development in the Arab Gulf States (RLE Economy of Middle East) by : Atif Kubursi

Download or read book Oil, Industrialization & Development in the Arab Gulf States (RLE Economy of Middle East) written by Atif Kubursi and published by Routledge. This book was released on 2015-05-15 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.