Beschreibung:
This book addresses the factors that have led to the lackluster economic performance of the oil MENA region, despite the wealth of its vast natural resource. It offers a radical policy recommendation as a way out. Using data from a wide variety of sources, it analyzes the major problems that confront the governments of the MENA region, and make the case why the status quo is unsustainable.
Chapter 1. Introduction.- Chapter 2. MENA and World Oil Markets.- Chapter 3. Resource Curse and Institutions.- Chapter 4. Democracy in MENA.- Chapter 5. MENA and Alternative Sources of Energy.- Chapter 6. Reducing the Demand for Oil.- Chapter 7. The Population Threat.- Chapter 8. Why the Status Quo is Unsustainable.- Chapter 9. Oil as a Path to Institutional Change in MENA.- Chapter 10. Positive Directions for Reform.