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The book explores the transformative impact of oil discovery in the Gulf States, highlighting its role in elevating the region's global financial and political significance amid a collapsing international monetary system and crises in food and energy. It examines the economic challenges faced by these states, including the burdens of the Iran-Iraq War and a stock market collapse in Kuwait. Drawing from the author's extensive experience, it offers insights into potential reforms and future prospects for the Gulf economies amidst these difficulties.
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The Arab Gulf Economy in a Turbulent Age, Hazem Beblawi
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- 2018
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