Global Implications of Lower Oil Prices


Book Description

The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the oil price drop, (ii) a substantial part of the price decline is expected to persist into the medium term, although there is large uncertainty, (iii) lower oil prices will support global growth, (iv) the sharp oil price drop could still trigger financial strains, and (v) policy responses should depend on the terms-of-trade impact, fiscal and external vulnerabilities, and domestic cyclical position.




State, Society and Economy in Saudi Arabia (RLE Saudi Arabia)


Book Description

Saudi Arabia is one of the most important countries in the modern world. Not only does it possess some 25 per cent of the world’s proven oil reserves, it also plays a crucial role in the wider Gulf region where over 50 per cent of proven reserves are located. Developments in Saudi Arabia will inevitably affect the economic well-being of the Western industrialised world, Japan and much of the Third World. At the same time, Saudi Arabia is ruled in a traditional way by an all-powerful king and royal family, and is one of the key countries of Islam, the Holy City of Mecca being within the country’s boundaries. The inroad of modern Western forces into this traditional Islamic society is underlined by the fact that may key posts are filled with imported Western workers. This book, first published in 1982, containing contributions by the world’s leading Middle Eastern experts, provides a comprehensive overview of important social, political and economic developments in Saudi Arabia. The opening chapters consider the formation of the Saudi State, and the bulk of the book surveys key themes such as political opposition, the oil industry, energy policy, banking, external relations and the future direction of development.







Oil and Development in the Arab Gulf States


Book Description

Oil and Development in the Arab Gulf States (1985) brings together in one volume the manifold sources of information on the Arab Gulf region, especially the impact of oil revenues on its economic, political and social development. It provides a balanced core of primary and secondary sources on various aspects of the economics of Arab oil between 1973 and 1983.




Saudi Arabia, a Country Study


Book Description




Thicker Than Oil


Book Description

For fifty-five years, the United States and Saudi Arabia were solid partners. Then came the 9/11 attacks, which sorely tested that relationship. In Thicker than Oil, Rachel Bronson reveals why the partnership became so intimate and how the countries' shared interests sowed the seeds of today's most pressing problem--Islamic radicalism. Drawing on a wide range of archival material, declassified documents, and interviews with leading Saudi and American officials, and including many colorful stories of diplomatic adventures and misadventures, Bronson chronicles a history of close, and always controversial, contacts. She argues that contrary to popular belief the relationship was never simply about "oil for security." Saudi Arabia's geographic location and religiously motivated foreign policy figured prominently in American efforts to defeat "godless communism." From Africa to Afghanistan, Egypt to Nicaragua, the two worked to beat back Soviet expansion. But decisions made for hardheaded Cold War purposes left behind a legacy that today enflames the Middle East. Looking forward, Bronson outlines the challenges confronting the relationship. The Saudi government faces a zealous internal opposition bent on America's and Saudi Arabia's destruction. Yet from the perspective of both countries, the status quo is clearly unsustainable.




Critical Factors Affecting Saudi Arabia's Oil Decisions


Book Description

Critical Factors Affecting Saudi Arabia's Oil Decisions







Monthly Catalog of United States Government Publications


Book Description

February issue includes Appendix entitled Directory of United States Government periodicals and subscription publications; September issue includes List of depository libraries; June and December issues include semiannual index