Understanding and Avoiding the Oil Curse in Resource-rich Arab Economies

Understanding and Avoiding the Oil Curse in Resource-rich Arab Economies

Selim, Hoda; Elbadawi, Ibrahim

Cambridge University Press

07/2016

498

Dura

Inglês

9781107141728

15 a 20 dias

The 'oil curse' is a common phrase used to describe how oil-rich Arab countries often fall behind others in terms of economic growth. In this book, leading economists provide fresh insight into how resource-dependent Arab countries can best exploit their oil revenues through macroeconomic management, industrial policy and political reforms.
Foreword Ahmed Galal; Acknowledgements Ibrahim Elbadawi and Hoda Selim; 1. Overview of context, issues and summary Ibrahim Elbadawi and Hoda Selim; 2. The global impact of the systemic economies and MENA business cycles Paul Cashin, Kamiar Mohaddes and Mehdi Raissi; 3. Real exchange rates and export performance in oil-dependent Arab economies Ibrahim Elbadawi and Linda Kaltani; 4. Dutch disease in the services sector - evidence from oil exporters in the Arab region Ndiame Diop and Jaime de Melo; 5. The political economy of public sector employment in resource-dependent countries Omer Ali and Ibrahim Elbadawi; 6. The oil curse and labor markets - the case of Saudi Arabia Hend Al-Sheikh and S. Nuri Erbas; 7. Resource rents, political institutions and economic growth Ibrahim Elbadawi and Raimundo Soto; 8. Fiscal institutions in resource-rich economies - lessons from Chile and Norway Klaus Schmidt-Hebbel; 9. Savings and investment decisions from natural resource revenues - implications for Arab development Paul Collier; 10. Labor market heterogeneity and optimal exchange rate regimes in resource-rich Arab countries Almukhtar Saif Al-Abri; 11. The institutional curse of natural resources in the Arab world Hoda Selim and Chahir Zaki; 12. Has the UAE escaped the oil curse? Raimundo Soto and Ilham Haouas; 13. Understanding and avoiding the oil curse in Sudan Kabbashi M. Suliman; Index.
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