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Middle East Oil Exporters - What Happened to Economic Development? (Hardcover, illustrated edition)
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Middle East Oil Exporters - What Happened to Economic Development? (Hardcover, illustrated edition)
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Hossein Askari argues here that economic and social failure in the
oil-exporting countries of the Middle East is a result of much more
than simply shortcomings in economic policies. He analyzes
religion, corruption, instability, wars and foreign interference as
factors affecting the region and offers solutions that incorporate
Islamic teachings, regional peace efforts, market-oriented economic
policies, sound institutions and unselfish policy support from the
West. Middle East Oil Exporters presents a detailed picture of the
economic structure and a critical survey of the recent economic
performance of the Middle East. The focus is especially on the
large oil-exporting nations, although the smaller producers are
represented as well. The author illustrates how oil has become a
crutch to avoid reforms, destroying the work ethic of the region,
fuelling corruption and poisoning the social and cultural fabric of
society to keep unpopular governments in power. In addition, he
provides a view of the social, economic, and political implications
of Islamic doctrine. In this context he examines the institutions
of governance and determines that they have performed poorly, often
in blatant violation of Islamic principles. This in-depth analysis
is accompanied by a comprehensive prescription for a turnaround in
the Middle East. Hossein Askari's unique and insightful critique is
essential reading for students and scholars of the Middle East, as
well as policymakers involved in the region. Executives of
financial institutions and private corporations will also want to
understand the region for their energy needs and as a market for
their products and services.
General
Imprint: |
Edward Elgar Publishing Ltd
|
Country of origin: |
United Kingdom |
Release date: |
December 2006 |
Authors: |
Hossein Askari
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Dimensions: |
234 x 156 x 25mm (L x W x T) |
Format: |
Hardcover
|
Pages: |
384 |
Edition: |
illustrated edition |
ISBN-13: |
978-1-84542-909-6 |
Categories: |
Books >
Business & Economics >
Economics >
Development economics
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LSN: |
1-84542-909-5 |
Barcode: |
9781845429096 |
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