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Middle East Oil Exporters


  • Hossein Askari


Middle East Oil Exporters presents a detailed picture of the economic structure and a critical survey of the recent economic performance of the Middle East. The focus is especially on the large oil-exporting nations, although the smaller producers are represented as well. The author illustrates how oil has become a crutch to avoid reforms, destroying the work ethic of the region, fuelling corruption and poisoning the social and cultural fabric of society to keep unpopular governments in power. In addition, he provides a view of the social, economic, and political implications of Islamic doctrine. In this context he examines the institutions of governance and determines that they have performed poorly, often in blatant violation of Islamic principles. This in-depth analysis is accompanied by a comprehensive prescription for a turnaround in the Middle East.

Suggested Citation

  • Hossein Askari, 2006. "Middle East Oil Exporters," Books, Edward Elgar Publishing, number 4232.
  • Handle: RePEc:elg:eebook:4232

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    References listed on IDEAS

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    7. Foss, Nicolai Juul, 1993. "Theories of the Firm: Contractual and Competence Perspectives," Journal of Evolutionary Economics, Springer, vol. 3(2), pages 127-144, May.
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    11. Geoffrey M. Hodgson & Thorbjørn Knudsen, 2007. "Firm-Specific Learning and the Nature of the Firm. Why Transaction Costs May Provide an Incomplete Explanation," Revue économique, Presses de Sciences-Po, vol. 58(2), pages 331-350.
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    16. Geoffrey M. Hodgson, 2004. "Opportunism is not the only reason why firms exist: why an explanatory emphasis on opportunism may mislead management strategy," Industrial and Corporate Change, Oxford University Press, vol. 13(2), pages 401-418, April.
    17. Francesca Gagliardi, 2009. "Financial development and the growth of cooperative firms," Small Business Economics, Springer, vol. 32(4), pages 439-464, April.
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    Cited by:

    1. Hodjat Ghadhimi, 2009. "Sustainable Economic Development in Energy Rich Economies: A Regional Approach," Working Papers Working Paper 2009-05, Regional Research Institute, West Virginia University.
    2. repec:rri:wpaper:200905 is not listed on IDEAS

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    Book Chapters

    The following chapters of this book are listed in IDEAS


    Business and Management; Development Studies; Economics and Finance;

    JEL classification:

    • M4 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting


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