Economic Development in the Middle East

by Rodney Wilson


Economic Development in the Middle East - Adobe eBook

Economic Development in the Middle East

Adobe

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Economic Development in the Middle East - Microsoft Reader eBook

Economic Development in the Middle East

Microsoft Reader

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Economic Development in the Middle East - Mobipocket eBook

Economic Development in the Middle East

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Economic Development in the Middle East Summary

An examination of the economic problems and prospects of the Middle East. The author argues that both the methods and goals of devel

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 economic 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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