The Impact of Oil Revenues on Arab Gulf Development

The Impact of Oil Revenues on Arab Gulf Development

  • M.S. El Azhary
Publisher:Taylor & FrancisISBN 13: 9781000938517ISBN 10: 1000938514

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Know about the book -

The Impact of Oil Revenues on Arab Gulf Development is written by M.S. El Azhary and published by Taylor & Francis. It's available with International Standard Book Number or ISBN identification 1000938514 (ISBN 10) and 9781000938517 (ISBN 13).

As the price of oil fell in the eighties the pressures on the Arab Gulf States to speed up the diversification of their economies into non-oil sectors increased. This book, first published in 1984, examines this problem and many other issues connected with the impact of oil revenues on development in the Gulf States. It considers changing oil production policies and developments in other sectors of the economy including agriculture, industry and banking. It explores population problems, moves towards Gulf economic coordination and the impact of oil on society, culture and education. This book provides an assessment of just how much the region depends on oil for its economic prosperity and development and some indication of the enormous problems that would face the region should the demand for oil decease still further.