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Natural Resource Abundance, Growth, and Diversification in the Middle East and North Africa - Paperback

Natural Resource Abundance, Growth, and Diversification in the Middle East and North Africa - Paperback

Natural Resource Abundance, Growth, and Diversification in the Middle East and North Africa - Paperback

FormatBook
Language English
ISBN-13 / SKU 9780821395912

About this item

by Ndiame Diop (Editor), Daniela Marotta (Editor), Jaime de Melo (Editor)

MENA is one of the richest regions in the world in terms of natural resources: it holds more than 60 percent of the world's proven oil reserves, mostly located in the Gulf region, and nearly half of gas reserves. Oil represents 80-85 percent of merchandise exports in the region, making it highly depending on fluctuations in international prices. A long strand of economic literature has suggested that such dependence may hurt a country's growth prospects and the scope for job creation by reducing economic diversification.

Number of Pages: 224
Dimensions: 0.47 x 9 x 6 IN
Illustrated: Yes
Publication Date: October 31, 2012
$58.22
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