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Description
In this, a unique book by a Saudi economist on Saudi Arabia and the world oil crisis, Dr. Johany proposes (using mostly non-technical language) that it is not OPEC as a cartel that is responsible for the rise in oil prices, but a natural demand for a commodity outstripping the available supplies. He believes that both Saudi Arabia and the world in general would be better off without OPEC. This book will be of value to students and teachers of economics...
5) Paper money
Author
Description
An exposition on the present and future value of the United States dollar which states the author's theories regarding inflation and his concerns about OPEC and U.S.-Saudi connections.
Author
Description
"This book explains a puzzle: In the midst of two massive oil booms in the 1970s, why did oil-exporting governments as different as Venezuela, Iran, Nigeria, Algeria, and Indonesia choose common development paths and suffer similarly disappointing outcomes? In this work, Karl illuminates the manifold economic and political factors that determine the nature of the state in oil-exporting countries and explain why booms destabilize regimes while creating...
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