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Beating the Oil Curse?


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description

Natural resource abundance is not necessarily a blessing for countries but can bring with it manifold challenges, which potentially lead to conflict, the absence of democracy and eventually, economic decline. This phenomenon is known as the “resource curse” and it is argued that oil abundance in particular leads to the creation of rentier states. How countries can overcome macroeconomic problems and diversify their economies away from resource dependency is therefore an important question. In this book Jana Kleibert argues that the United Arab Emirates, and specifically Dubai, have taken important steps towards building service-based economies. Investments into infrastructure and real estate have been made to create a hub for global trade, tourism and finance. Confronted with the global financial crisis, however, the model’s inherent structural vulnerability is exposed.

Product Specifications
SKU :COC34848
AuthorJana Maria Kleibert
Number of Pages132
Publishing Year2012-11-07T00:00:00.000
Edition1 st
Book TypeComparative politics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-31 00:00:00
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