The Impact Of Oil Revenues On Arab Gulf Development

As the price of oil fell in the eighties the pressures on the Arab Gulf States to speed up the diversification of their economies into non-oil sectors increased. This book, first published in 1984, examines this problem and many other issues connected with the impact of oil revenues on development in the Gulf States. It considers changing oil production policies and developments in other sectors of the economy including agriculture, industry and banking. It explores population problems, moves towards Gulf economic coordination and the impact of oil on society, culture and education. This book provides an assessment of just how much the region depends on oil for its economic prosperity and development and some indication of the enormous problems that would face the region should the demand for oil decease still further.

Oil and Development in the Arab Gulf States (1985) brings together in one volume the manifold sources of information on the Arab Gulf region, especially the impact of oil revenues on its economic, political and social development. It provides a balanced core of primary and secondary sources on various aspects of the economics of Arab oil between 1973 and 1983.

As the price of oil fell in the eighties the pressures on the Arab Gulf States to speed up the diversification of their economies into non-oil sectors increased. This book, first published in 1984, examines this problem and many other issues connected with the impact of oil revenues on development in the Gulf States. It considers changing oil production policies and developments in other sectors of the economy including agriculture, industry and banking. It explores population problems, moves towards Gulf economic coordination and the impact of oil on society, culture and education. This book provides an assessment of just how much the region depends on oil for its economic prosperity and development and some indication of the enormous problems that would face the region should the demand for oil decease still further.

This book is a major contribution to our understanding of the Gulf Emirates, illuminating many aspects of the socio-economic forces and processes operating on and in the region. It assesses actual oil revenues received and shows the impact oil revenues have had on economic development.

This book is a major contribution to our understanding of the Gulf Emirates, illuminating many aspects of the socio-economic forces and processes operating on and in the region. It assesses actual oil revenues received and shows the impact oil revenues have had on economic development.

Processes of change, stagnation and development in the countries of the Gulf Co-operation Council are analyzed in this book. The contributors show impact of oil revenues on population change and social development and on redefining the socio-economic role of the state. Oil could open venues for industrialization and development. However, lack of population policies, problems of human resources development, the rather slow change in gender relations and in political systems and heavy spending on militarization, it is argued, could impede development endeavour.

Originally published in 1985. This book gives the views of both oil producers and oil consumers, detailing in a systematic manner the problems that they have encountered in the energy field and the solutions that they have devised to deal with them. The book makes clear that producers and consumers have common purpose in the conservation and judicious management of the dwindling and non-renewable world oil resources. It also makes clear that they share a consistent vision of the industry’s future development. The contributions to the book explore a range of important themes in the development of the energy sector. The future of OPEC is discussed in the context of the state of the world oil market. Other chapters consider the lessons that have been drawn by the Arab Gulf oil producers and throughout the book there is comparison with the experience of Canada providing a number of important insights into the operation of the world oil industry.

Monograph analysing economic implications of petroleum industry expansion for public finance and public expenditure in the Gulf States - discusses trends from 1950 to 1970, esp. Impact on industrial development, employment and power consumption, etc., And details allocation of oil revenue according to capital expenditure, public land purchasing, ruling class and current expenditure. Bibliography pp. 208 to 218, graphs, maps and statistical tables.