Kategoria BISAC: Social Science >> Regional Studies

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...

The Arab countries are increasingly recognising their importance as a regional economic grouping. Given the highly skewed distribution of natural, human and financial resources, the course of economic development in the Arab countries seems to be interrelated. Through pooling their resources and markets these countries will not only be able to optimise investment decisions but also broaden the potential for development. This book argues that economic integration is not merely a question of reducing or eliminating discriminatory measures, as emphasised in previous integration attempts. It...

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...

The Arab enclaves within Israel constitute a definite economic unit. Despite subservice to the national economy they exhibit a range of independent production and consumption modes that suggest potential economic developmental viability. The author considers the background of these enclaves and the extent of the independent Arab sector in the Israeli economy. Applying modern economic analysis, he develops his thesis of the future development of a distinctive Arab path of economic development in Israel. Agriculture, industry, commerce, financing and the position of Arab labour are all...