Libya has been one of the most remarkable of the Arab oil producers. It has combined an aggressive foreign policy, a domestic political revolution and extraordinary economic growth over the last decade. This book focuses on the development of the Libyan economy over this period. In the boom years of the oil market Libya s revenues exploded. With the current decline of Arab oil revenues many of the projects undertaken then now look less realistic. The book surveys both the structural developments in the Libyan economy and the experience of individual sectors. It considers the potential for...

Jordan is one of the most important countries of the Fertile Crescent. Although it is not richly endowed with material resources its political significance in the region gives it considerable authority. This book focuses on the economic development of Jordan over the last decade. It analyses the structural changes the economy has undergone and examines the experience of the key sectors. It also looks at the contribution of foreign aid and emigrant workers remittances to the economy. The book concludes that there is a significant potential for the Jordanian economy but the current political...