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

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

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

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

About this book

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.

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Yes, you can access Understanding and Avoiding the Oil Curse in Resource-rich Arab Economies by Ibrahim Elbadawi,Hoda Selim in PDF and/or ePUB format, as well as other popular books in Economics & Development Economics. We have over one million books available in our catalogue for you to explore.

Table of contents

  1. Cover
  2. Half-title
  3. Title page
  4. Copyright information
  5. Table of contents
  6. List of Figures
  7. List of Tables
  8. List of Contributors
  9. Foreword
  10. Acknowledgments
  11. 1 Overview of Context, Issues and Summary
  12. 2 The Global Impact of the Systemic Economies and MENA Business Cycles
  13. 3 Real Exchange Rates and Export Performance in Oil-dependent Arab Economies
  14. 4 Dutch Disease in the Services Sector: Evidence from Oil Exporters in the Arab Region
  15. 5 The Political Economy of Public Sector Employment in Resource-dependent Countries
  16. 6 The Oil Curse and Labor Markets: The Case of Saudi Arabia
  17. The Case of Saudi Arabia
  18. 7 Resource Rents, Political Institutions and Economic Growth
  19. 8 Fiscal Institutions in Resource-rich Economies: Lessons from Chile and Norway
  20. 9 Savings and Investment Decisions from Natural Resource Revenues: Implications for Arab Development
  21. 10 Labor Market Heterogeneity and Optimal Exchange Rate Regimes in Resource-rich Arab Countries
  22. 11 The Institutional Curse of Natural Resources in the Arab World
  23. 12 Has the UAE Escaped the Oil Curse?
  24. 13 Understanding and Avoiding the Oil Curse in Sudan
  25. Index