Research Catalog

Title

Economic development in the Middle East / Rodney Wilson.

Author

Wilson, Rodney.

Publication

London ; New York : Routledge, 1995.

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Holdings

Details

Description

vii, 218 pages : illustrations; 25 cm

Summary

• Despite its oil resources, the Middle East is falling behind other regions of the developing world, notably the countries of South East Asia. Here, Rodney Wilson examines the economic indicators for the region.
• The book considers the economic consequences of rapid population growth, including the implications for education and employment; low savings levels, the absence of significant private capital inflows and foreign investment; fragmentation in the banking system and insignificant bond markets; basic infrastructure and excessive military expenditure; trade, falling oil prices and budget deficits.
• The author considers alternative economic directions for the region and looks particularly at the positive aspects of the Iranian experience. He stresses that both the goals of development and the methods used to promote development have to be reassessed for a region where an Islamic value system prevails. Ultimately, development solutions which respect Muslim values may have more chance of success than those simply imported from the West.

Subject

• Economic development > Islam
• Middle East > Economic conditions > 1979-

Bibliography (note)

• Includes bibliographical references (p. 212-214) and index.

Contents

1. Introduction -- 2. Models of Middle East Economic Development -- 3. Growth and Structural Change -- 4. Population Growth and Employment -- 5. Capital Markets, Savings and Investment -- 6. An Islamic Model for Economic Development -- 7. Oil and Development -- 8. International and Intra-Regional Trade -- 9. The Role of the State.

ISBN

0415125537

LCCN

95021623

OCLC

• 32626042
• ocm32626042

Owning Institutions

Columbia University Libraries