Decline of Arab Oil Revenues
Product details
- ISBN 9781032309163
- Weight: 280g
- Dimensions: 156 x 234mm
- Publication Date: 01 Jun 2024
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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First published in 1986, The Decline of Arab Oil Revenues explores the fall in the economic value of Arab oil reserves in the 1980s. Some of the threats to Arab countries include depletion of oil resources, rise of alternative sources of energy, international policies designed to control oil prices and growing conflicts of interest between producing and consuming countries. The editors suggest that any decline in oil revenues would negatively affect the economic, political, social and psychological structure of Arab societies since they are yet to explore non-oil sources of wealth. Consequently, the editors stress on the importance of researching the desert, which covers 94% of Arab lands, as a potential source of wealth. Given the current global shift towards sustainable forms of energy, this book is a timely reminder of the economic and political implications of such a shift on Arab countries for students of political science, international relations, geography, and economics.
Abdel Majid Farid and Hussein Sirriyeh
