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No region in the world has seen so much development activity in the last ten years as the Gulf area. Since ‘black gold’ catapulted the oil-producing countries into the limelight of the international political and economic scene, there has been a proliferation of studies on the larger exporting states. However, many of the so-called ‘small countries’ have been neglected in this exercise. This book presents the first detailed examination of the bases and extent of economic development in Qatar and considers the need to translate the petroleum-generated growth into viable, self-sustained development. Qatar, though not one of the oil ‘giants’, was first in the field of oil development and exhibits a number of special features not shared by its Gulf neighbours: for example in pre-oil boom days it was already in advance of many other Gulf states in the field of education; it has a modest agriculture sector and there is a comparatively strong attachment to the land; and finally it has played an important role in OPEC as a member of the ‘moderate price’ camp. The individual chapters trace the development of the oil industry, outline public financing and economic policy and sketch the issues involved in industrialisation, absorptive capacity and agricultural development. Examination is made of the social and physical infrastructure as well as money and banking, and the international linkages in trade, foreign aid, economic cooperation efforts and investment opportunities are elucidated. Planners in Qatar know that their revenue base in petroleum is finite, and thus investment of present surplus needs careful planning. The book therefore also outlines current government priorities and suggests areas for future investments. First published in 1979.
The crucial importance of the Gulf region today – which may be defined as comprising the states of Saudi Arabia, Iraq, Kuwait, Oman, Bahrain, Qatar and the United Arab Emirates, with Iran as a non-Arab onlooker – has stimulated surprisingly little interest in academic circles. Much of what has been written, moreover, focuses exclusively on those aspects of direct concern to external interests. The focus of this book is on the Gulf region as an area with its own problems of social, economic and political development. It examines the dimensions of the attempts by the governments and peoples of the area to create new social, economic and political structures – stemming mainly, of course, from their new-found oil wealth. First published in 1980.
In the early 1960s the Middle East suffered from political instability, inefficiency of government, widespread poverty and inequality, low productivity, and a mounting population pressure on the region’s resources. With the exception of some of the oil-exporting countries, the entire region still suffers from these same burdens. There have been many studies in the economic development and industrialization of the region in recent years. This study is different, motivated by scepticism and a sense of intellectual frustration and apprehension because of the apparent inadequacy of socioeconomic and political development in the Middle East. First published in 1987.
No region in the world has seen so much development activity in the last ten years as the Gulf area. Since ‘black gold’ catapulted the oil-producing countries into the limelight of the international political and economic scene, there has been a proliferation of studies on the larger exporting states. However, many of the so-called ‘small countries’ have been neglected in this exercise. This book presents the first detailed examination of the bases and extent of economic development in Qatar and considers the need to translate the petroleum-generated growth into viable, self-sustained development. Qatar, though not one of the oil ‘giants’, was first in the field of oil development and exhibits a number of special features not shared by its Gulf neighbours: for example in pre-oil boom days it was already in advance of many other Gulf states in the field of education; it has a modest agriculture sector and there is a comparatively strong attachment to the land; and finally it has played an important role in OPEC as a member of the ‘moderate price’ camp. The individual chapters trace the development of the oil industry, outline public financing and economic policy and sketch the issues involved in industrialisation, absorptive capacity and agricultural development. Examination is made of the social and physical infrastructure as well as money and banking, and the international linkages in trade, foreign aid, economic cooperation efforts and investment opportunities are elucidated. Planners in Qatar know that their revenue base in petroleum is finite, and thus investment of present surplus needs careful planning. The book therefore also outlines current government priorities and suggests areas for future investments. First published in 1979.
Were oil supplies everlasting and the demand for oil strong and continuous, economic diversification in the Gulf would be pointless. However oil reserves are finite and non-renewable and the world demand for oil from the Gulf region is simply not stable. Collectively the countries of the Gulf face the striking prospect that unless priorities and plans are set with care the gestation period of their economic development may be longer than the expected life of their hydrocarbon resources. This book examines just that threat. It considers the opportunities available to the Gulf states for accumulating sufficient productive capital in the non-oil sectors of their economy to offset the drawing down of oil reserves. The book pays particular attention to the possibilities of development through cooperation not only within the Gulf Cooperation Council but also within the larger Arab region and the Third World as a whole. It concludes with a critical review of the main challenges that these economies are facing and are likely to face in the near future with special emphasis on their major problems and failures. First published in 1984.
Since the early 1970s the oil producing countries of the Gulf have become a focus of intense interest worldwide. Most of this interest has centred on the oil giants, Saudi Arabia, Iran, even Iraq and Kuwait. Yet the United Arab Emirates is also among the largest producers, on a par with Kuwait, Nigeria and Libya, with reserves greater than the USA. Given its high economic growth rate, the UAE is an excellent laboratory in which to test and evaluate policies and programmes to effect rapid economic development. The international stature of the UAE far exceeds what its physical size, population and breadth of resources would seem to indicate. As a member of OPEC, the UAE has played a vital role within that body’s ‘price moderates’. With one of the world’s highest per capita incomes and with ambitious development efforts under way, the UAE, not surprisingly, has become a major market for capital and consumer goods, involving substantial foreign services, banking, business and industry. Based on more than a decade of study, on-site research and interviews with key figures, this book – which mixes the practical with the academic approach – will prove of great value to Middle Eastern and development specialists, students and to the international business and financial communities. First published in 1981.
R. Paul Shaw has travelled widely in the Arab world, obtaining data and gathering impressions first-hand from national and local planners. In this book, he identifies population and manpower problems that are likely to become more serious and more difficult to solve if they are neglected at this early stage of Arab development. He focuses on five broad areas which are directly or indirectly related to mobilizing human resources, and his book will be of special interest to all those who are concerned with such issues as population, migration, employment, inequality, the emancipation of women, construction and agriculture. Dr Shaw proposes policy directives which are sensitive to the problems as they are seen by the Arab governments themselves, and sets out practical guidelines which can be used by Arab planners and policy-makers. An important feature of the book with respect to current literature on Arab development is that it moves away from a preoccupation with growth-related investments to a concentration on development-related population, manpower and employment issues. By bringing together such comprehensive empirical and bibliographic information, it will also be invaluable as a reference source for some twenty Arab countries. First published in 1983.
Independently commissioned by IAI, the three studies comprising this book examine inter-Arab industrial and economic cooperation. The first chapter analyses the industrial strategies, economic policies and attempts at harmonisation and cooperation of the Arab countries, providing a detailed picture of the convergences and divergences, the potential and the difficulties faced by the region. The second chapter examines the importance of coordinating economic polices if economic integration is to be sustained, and considers the implications to the world economy. Lastly, the third chapter examines Arab labour flows, a key factor in the development of the Arab countries. First published in 1979.
RLE The Economy of the Middle East brings together as one set and as individual volumes a series of previously out-of-print classic titles from a variety of imprints. With books ranging from The Arab Economy in Israel to Arab Manpower, from The Economic Development of the United Arab Emirates to Qatar: Development of an Oil Economy, this set makes available a wealth of important reference sources. Most, if not all, of the authors in this set are acknowledged experts in their fields, and hail from all over the world; many of their works were groundbreaking books on their first publication.