The Arab Gulf Economy in a Turbulent Age

The Arab Gulf Economy in a Turbulent Age

EnglishEbook
Beblawi, Hazem
Taylor & Francis Ltd
EAN: 9781000155938
Available online
CZK 261
Common price CZK 290
Discount 10%
pc

Detailed information

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.

EAN 9781000155938
ISBN 1000155935
Binding Ebook
Publisher Taylor & Francis Ltd
Publication date July 26, 2020
Pages 251
Language English
Country United Kingdom
Authors Beblawi, Hazem
Series Routledge Library Editions: The Economy of the Middle East