TY  - BOOK
AU  - Askari,Hossein
TI  - Middle east oil exporters: what happened to economic development? 
SN  - 1845429095
U1  - 338.956 
PY  - 2006///
CY  - Cheltenham
PB  - Edward Elgar
KW  - Middle East
KW  - Economic policy
KW  - Petroleum industry and trade
N1  - Middle East Oil Exporters present a detailed picture of the economic structure and a critical survey of the recent economic performance of the Middle East. The focus is especially on the large oil-exporting nations, although the smaller producers are represented as well. The author illustrates how oil has become a crutch to avoid reforms, destroying the work ethic of the region, fuelling corruption and poisoning the social and cultural fabric of society to keep unpopular governments in power. In addition, he provides a view of the social, economic, and political implications of Islamic doctrine. In this context he examines the institutions of governance and determines that they have performed poorly, often in blatant violation of Islamic principles. This in-depth analysis is accompanied by a comprehensive prescription for a turnaround in the Middle East
ER  -