ENGLISH

Economic Development in the Middle East (Routledge Studies in Development Economics)

By Rodney Wilson

Book information

Year
1995
ISBN
9780415125536, 0415125537, 0203012860, 9780203012864, 9780203290859
LCC
HC415.24 .W55 1995
Open Library ID
OL789211M
Language
english
Format
PDF
Filesize
2 MB (1877647 bytes)
Pages
218\229
Topic
Economy
Time added
2011-06-04 13:46:07

Description

Despite its oil resources,the Middle East is falling behind other regions of the developing world, notably the countries of East and South East Asia. Rodney Wilson examines the economic prospects for the region considering: *the consequences of rapid population growth, including the implications for education and employment; *low savings levels; *the absence of significant inflows of private capital and foreign investment; *fragmentation of the banking system; *the basic ecomomic infrastructure and the problems caused by excessive military expenditure; *falling oil prices; *budget deficits; The author examines alternative economic directions for the region arguing that both the methods and goals of development have to be reassessed in a region where Islam prevails.

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