Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Understanding and Avoiding the Oil Curse in Resource-rich Arab Economies

Understanding and Avoiding the Oil Curse in Resource-rich Arab Economies

Elbadawi, Ibrahim
Selim, Hoda

Hardcover

EconomicsReal Estate

ISBN10: 1107141729
ISBN13: 9781107141728
Publisher: Cambridge University Press
Published: Jul 14 2016
Pages: 498
Weight: 1.98
Height: 1.25 Width: 6.00 Depth: 9.00
Language: English
For over eighty years the Arab region has derived massive wealth from its natural resources, yet the region's economies remain little diversified, while the oil market is experiencing major structural shifts with the advent of shale gas. Moreover, the resource itself is eventually exhaustible. Under these conditions economic prosperity cannot be sustainable. The critical question is how can the countries of this region escape the 'oil curse'? In this volume, leading economists argue that the curse is not a predestined outcome but a result of weak institutions and bad governance. A variety of analytical perspectives and examination of various international case studies leads to the conclusion that natural resources can only spur economic development when combined with sound political institutions and effective economic governance. This volume, with its unique focus on the Arab region, will be an important reference for researchers and policymakers alike.

1 different editions

Also available

Also in

Economics

View All