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Natural Resource Abundance, Growth, and Diversification in the Middle East and North Africa : the Effects of Natural Resources and the Role of Policies.

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 dep...

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Détails bibliographiques
Cote:Libro Electrónico
Auteur principal: Diop, Ndiame
Autres auteurs: Marotta, Daniela, De Melo, Jaime
Format: Électronique eBook
Langue:Inglés
Publié: Washington : World Bank Publications, 2012.
Collection:Directions in development.
Sujets:
Accès en ligne:Texto completo
Description
Résumé: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. This volume investigates the effect of natural resources and the role of.
Description:3.2 Composition of Exports in MENA and South Asia, 2008.
Description matérielle:1 online resource (228 pages)
Bibliographie:Includes bibliographical references.
ISBN:9780821395929
0821395920