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The Middle East And North Africa In A Changing Oil Market
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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.
Book Synopsis Middle East and North Africa Unrest by : Michael Ratner
Download or read book Middle East and North Africa Unrest written by Michael Ratner and published by DIANE Publishing. This book was released on 2011-05 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political unrest in the Middle East and North Africa (MENA) has contributed to higher oil prices and added instability to energy markets. Supply disruptions and fears about the possible spread of unrest to major exporters have pushed prices higher. Even if the crisis abates, some risk premium may persist to the degree that market participants fear such an event could occur again. Contents of this report: (1) Introduction; (2) Short-Term Pricing Pressures: Unrest Contributes to Higher Oil Prices; Impacts on the U.S. Oil Market; U.S. Natural Gas More Insulated from MENA Turmoil; (3) Long-Term Considerations: Risks May Persist; (4) Policy Considerations; Strategic Petroleum Reserve; Other Policy Options. Charts and tables. This is a print on demand report.
Book Synopsis Challenges of Growth and Globalization in the Middle East and North Africa by : Mr.Hamid R Davoodi
Download or read book Challenges of Growth and Globalization in the Middle East and North Africa written by Mr.Hamid R Davoodi and published by International Monetary Fund. This book was released on 2003-09-05 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Middle East and North Africa (MENA) is an economically diverse region. Despite undertaking economic reforms in many countries, and having considerable success in avoiding crises and achieving macroeconomic stability, the region’s economic performance in the past 30 years has been below potential. This paper takes stock of the region’s relatively weak performance, explores the reasons for this out come, and proposes an agenda for urgent reforms.
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.
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 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Changing Dynamics of Energy in the Middle East by : Khalid Al-Rodhan
Download or read book The Changing Dynamics of Energy in the Middle East written by Khalid Al-Rodhan and published by Bloomsbury Publishing USA. This book was released on 2006-10-30 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent rise in global demand for energy and the resulting spike in energy prices have illustrated just how important Middle Eastern energy exports are. This book, the first on the subject since the hike in energy prices impacted the global energy market, outlines the current facts that shape the ability of Middle Eastern producers to supply energy exports. It explores the possible future causes both of major interruptions in supply, and of failures to maintain and expand export capacity, and, though it does not predict a major energy crisis, it does describe a range of factors that could produce one. The recent rise in global demand for energy and the resulting spike in energy prices have illustrated just how important Middle Eastern energy exports are. This book, the first on the subject since the hike in energy prices impacted the global energy market, outlines current facts that shape the ability of Middle Eastern producers to supply energy exports. It explores the possible future causes both of major interruptions in supply, and failures to maintain and expand export capacity, and, though it does not predict a major energy crisis, it does describe factors that could produce one. Authors Cordesman and Al-Rodhan analyze the plans of each country in the region, compare those plans with the forecasting models of international organizations, and study each country's prospects for stability. They also analyze how importing countries such as the United States, Europe, China, and India are dealing with the changing nature of global dependence upon MENA oil. Offering the most comprehensive data on current energy resources, production capacities estimates, import dependence, and national plans and strategies, The Changing Dynamics of Energy in the Middle East analyzes current energy modeling, and shows how the lack of supply-driven models has had a negative impact on the understanding of policy makers and strategic thinkers. The book concludes its analysis with possible strategic, economic, and demographic scenarios for the Middle East, projecting the impact of each scenario on future energy developments.
Book Synopsis An Economic History of the Middle East and North Africa by : Charles Issawi
Download or read book An Economic History of the Middle East and North Africa written by Charles Issawi and published by Routledge. This book was released on 2013-10-16 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic history of the Middle East and North Africa is quite extraordinary. This is an axiomatic statement, but the very nature of the economic changes that have stemmed directly from the effects of oil resources in these areas has tended to obscure longterm patterns of economic change and the fundamental transformation of Middle Eastern and North African economies and societies over the past two hundred years. In this study Professor Issawi examines and explains the development of these economies since 1800, focusing particularly on the challenge posed by the use and subsequent decline of Western economic and political domination and the Middle Eastern response to it. The book beg ins with an analysis of the effects of foreign intervention in the area: the expansion of trade, the development of transport networks, the influx of foreign capital and resulting integration into international commercial and financial networks. It goes on to examine the local response to these external forces: migration within, to and from the region, population growth, urbanization and changes in living standards, shifts in agricultural production and land tenure and the development of an industrial sector. Professor Issawi discusses the crucial effects of the growth of oil and oil-related industries in a separate chapter, and finally assesses the likely gains and losses in this long period for both the countries in the area and the Western powers. He has drawn on long experience and an immense amount of material in surveying the period, and provides a clear and penetrating survey of an extraordinarily complex area.
Book Synopsis Subsidy Reform in the Middle East and North Africa by : Mr.Carlo A. Sdralevich
Download or read book Subsidy Reform in the Middle East and North Africa written by Mr.Carlo A. Sdralevich and published by International Monetary Fund. This book was released on 2014-07-09 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.
Book Synopsis Low Carbon Energy in the Middle East and North Africa by : Robin Mills
Download or read book Low Carbon Energy in the Middle East and North Africa written by Robin Mills and published by Springer Nature. This book was released on 2021-02-01 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the evolving roles of energy stakeholders and geopolitical considerations, leveraging on the dizzying array of planned and actual projects for solar, wind, hydropower, waste-to-energy, and nuclear power in the region. Over the next few decades, favorable economics for low carbon energy sources combined with stagnant oil demand growth will facilitate a shift away from today’s fossil fuel-based energy system. Will the countries of the Middle East and North Africa be losers or leaders in this energy transition? Will state–society relations undergo a change as a result? It suggests that ultimately, politics more so than economics or environmental pressure will determine the speed, scope, and effects of low carbon energy uptake in the region. This book is of interest to academics working in the fields of International Relations, International Political Economy, Comparative Political Economy, Energy Economics, and International Business. Consultants, practitioners, policy-makers, and risk analysts will also find the insights helpful.
Book Synopsis Natural Resource Abundance, Growth, and Diversification in the Middle East and North Africa by : Ndiame' Diop
Download or read book Natural Resource Abundance, Growth, and Diversification in the Middle East and North Africa written by Ndiame' Diop and published by World Bank Publications. This book was released on 2012-10-01 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: MENA holds more than 60% of oil and nearly 50% of gas reserves, making its economy very vulnerable to price fluctuations. This volume investigates the effect of natural resources and the role of policies on achieving higher and sustained growth through economic diversification.
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.
Book Synopsis The Evolution of Oil Concessions in the Middle East and North Africa by : Henry Cattan
Download or read book The Evolution of Oil Concessions in the Middle East and North Africa written by Henry Cattan and published by . This book was released on 1967 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Middle East and North Africa Quarterly Economic Brief, January 2015 by : Shantayanan Devarajan
Download or read book Middle East and North Africa Quarterly Economic Brief, January 2015 written by Shantayanan Devarajan and published by World Bank Publications. This book was released on 2015-01-31 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the three months since most observers, including the World Bank, issued their last forecasts, the Middle East and North Africa (MENA) Region has changed substantially. Political tensions have eased somewhat with presidential and legislative elections completed in a few countries. Egypt’s cabinet approved the electoral constituencies’ law, the last step before calling for the House of Representatives elections, the final milestone in the political roadmap initiated in July 2013. Presidential elections were held in Tunisia, with Beji Caid Essebsi sworn in as the new president in December. Iran’s nuclear talks with the P5+1 were extended for 6 months--while bilateral talks continue—with the aim of reaching a deal in July 2015. In Iraq, the government and the Kurdish region reached an agreement in December resolving a longstanding dispute over the budget and distribution of oil revenues. Meanwhile, Lebanon, Yemen and Libya still struggle to maintain a functional government. The global economy is estimated to have expanded by 2.6 percent (q/q annualized rate), better than the second quarter of 2014, but unchanged from the slow pace seen in 2012 and 2013. But the most important development is that international oil prices have literally collapsed, reaching a level below $50 per barrel (Brent crude) in early January, a drop of 50 percent since their peak in mid-June 2014.
Book Synopsis Some Dimensions of Middle East Oil by : Ragaei El Mallakh
Download or read book Some Dimensions of Middle East Oil written by Ragaei El Mallakh and published by . This book was released on 1970 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Oil States in the New Middle East by : Kjetil Selvik
Download or read book Oil States in the New Middle East written by Kjetil Selvik and published by Routledge. This book was released on 2015-07-16 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil has been central to regime survival for oil states across the Arabian Peninsula and has been at the heart of their attempts to defuse the wave of Arab revolutions. However, in 2011 revolution hit Libya, the most oil dependent regime in the Middle East. The political storm winds that have swept this region have thrown into doubt the resilience of Arab rentier states, and highlight how the political effects of oil vary across the oil producing countries. Oil States in the New Middle East brings together leading experts to critically assess the centrality of oil and the relevance of Rentier State Theory in light of the post-2011 upheaval across the Middle East and North Africa. It combines overall reflections on the political dynamics in oil states with focused case investigations of individual countries. Taking as its starting point the centrality of oil in explanations of regime survival, the book analyses how the oil states have responded to and fared throughout the Arab popular upheavals, resulting in a critical assessment of the continued relevance of Rentier State Theory. While observers have asked how the uprisings varied between oil and non-oil states, this book turns the comparative focus inward, arguing for a more fine-grained understanding of the political effects of oil in different oil producing countries. This book would be of interest to students and scholars of Middle East, North Africa and Gulf Studies, Oil and Politics, as well as Comparative Politics and International Political Economy.
Book Synopsis Natural Gas Markets in the Middle East and North Africa by : Bassam Fattouh
Download or read book Natural Gas Markets in the Middle East and North Africa written by Bassam Fattouh and published by Oxford Institute for Energy Studies. This book was released on 2011-03-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth study of the Middle East and North Africa (MENA) gas markets and their role as producers to both Atlantic and Pacific markets. It looks at the energy policies of MENA governments and whether domestic gas prices can be maintained in the face of rapid increases in gas demand and rising development costs.
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 . This book was released on 2018 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Declining oil prices, skyrocketing domestic demand, the rise of unconventional oil and natural gas production and shifting patterns of trade all put severe pressures on energy producing countries and present their policy-makers with fundamental challenges. The expert international contributors in this volume engage with these issues to explore the changes in global and regional energy as well as the political and economic challenges they provide.
