T�tulo: Natural Resource Abundance, Growth, and Diversification in the Middle East and North Africa: The Effects of Natural Resources and the Role of Policies (Directions in Development)
Editor: World Bank Publications
Fecha de publicaci�n: 2012
Idioma: Ingl�s
ISBN 10: 0821395912
ISBN 13: 9780821395912
Encuadernaci�n: Paperback
Estado: Very Good

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Sinopsis

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.

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