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 been hurt by the speculative boom generated by the unofficial stock-market in Kuwait which collapsed in the summer of 1982. This book, by an Arab economist long experienced in working in the Gulf economy, reviews the prospects for the region in the light of these external and internal problems and, drawing on the Kuwaiti example, suggests ways in which changes can be made.
First published in 1984.
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Book Description Palgrave Macmillan, 1984. Book Condition: Good. Former Library book. Shows some signs of wear, and may have some markings on the inside. Bookseller Inventory # GRP70673516
Book Description Palgrave Macmillan, 1984. Book Condition: Very Good. Great condition for a used book! Minimal wear. Bookseller Inventory # GRP71253171
Book Description Palgrave Macmillan, 1984. Book Condition: Good. Shows some signs of wear, and may have some markings on the inside. Bookseller Inventory # GRP73234421
Book Description Palgrave Macmillan. Book Condition: Good. Former Library book. A sound copy with only light wear. Overall a solid copy at a great price! All orders guaranteed and ship within 24 hours. Before placing your order for please contact us for confirmation on the book's binding. Check out our other listings to add to your order for discounted shipping. Bookseller Inventory # WAL-E-2a-000438