Outlook for Producer Economies
The oil price cycle of the last decade has exposed once more some of the enduring structural economic weaknesses in countries for whom oil and gas revenue constitutes a significant proportion of exports and fiscal revenue. As the most prominent producing
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When Can Oil Economies Be Deemed Sustainable?
Edited by Giacomo Luciani · Tom Moerenhout
The Political Economy of the Middle East Series Editor Ashraf Mishrif Centre for Middle East & Mediterranean Studies King’s College London London, UK
This series explores the nature of Middle Eastern political regimes and their approaches to economic development. In light of the region’s distinctive political, social and economic structures and the dramatic changes that took place in the wake of the Arab spring, this series puts forward a critical body of high-quality, research-based scholarship that reflects current political and economic transitions across the Middle East. It offers original research and new insights on the causes and consequences of the Arab uprisings; economic reforms and liberalization; political institutions and governance; regional and sub-regional integration arrangements; foreign trade and investment; political economy of energy, water and food security; finance and Islamic finance; and the politics of welfare, labor market and human development. Other themes of interest include the role of the private sector in economic development, economic diversification, entrepreneurship and innovation; state-business relationships; and the capacity of regimes and public institutions to lead the development process. More information about this series at http://www.palgrave.com/gp/series/14415
Giacomo Luciani • Tom Moerenhout Editors
When Can Oil Economies Be Deemed Sustainable?
Editors Giacomo Luciani Graduate Institute of International and Development Studies Geneva, Switzerland Paris School of International Affairs Sciences Po Paris, France
Tom Moerenhout Columbia University School of International and Public Affairs New York, NY, USA
ISSN 2522-8854 ISSN 2522-8862 (electronic) The Political Economy of the Middle East ISBN 978-981-15-5727-9 ISBN 978-981-15-5728-6 (eBook) https://doi.org/10.1007/978-981-15-5728-6 © Gulf Research Centre Cambridge 2021. This book is an open access publication. Open Access This book is licensed under the terms of the Creative Commons Attribution- NonCommercial-NoDerivatives 4.0 International License (http://creativecommons.org/ licenses/by-nc-nd/4.0/), which permits any noncommercial use, sharing, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence and indicate if you modified the licensed material. You do not have permission under this license to share adapted material derived from this book or parts of it. The images or other third party material in this book are included in the book’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the book’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. This work is subject to copyright
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