Type:

Description:

In the 1970s and 1980s, many countries in the Middle East found themselves flush with an oil boom, both in terms of production and in terms of its buying power and price. This recent 142-page report created by the World Bank reports on what some of these countries are planning to do with these increasing revenue streams, and some of the results may be a bit surprising. The report notes that oil producers are turning these monies gleaned from oil into a way to pay down debt, build up substantial savings, and also to set up oil stabilization funds. The report also notes that this windfall has not necessary translated to some of the more resource-poor economies in the area, such as Lebanon and Morocco.

Subjects:

  • Mathematics > Applied Mathematics
  • Science > General
  • Science > Engineering
  • Social Studies > General
  • Social Studies > Economics
  • Social Studies > Technology
  • Mathematics > General

Education Levels:

    Keywords:

    Mathematics -- Applied mathematics,NSDL,Science,Social studies -- Technology,oai:nsdl.org:2200/20120928115116467T,Engineering,Social Sciences,Social studies,Mathematics,Science -- Engineering,Technology,Social studies -- Economics,Social studies -- Current events/issues,NSDL_SetSpec_internetscout

    Language:

    English

    Access Privileges:

    Public - Available to anyone

    License Deed:

    Creative Commons Attribution Non-Commercial Share Alike

    Collections:

    None
    This resource has not yet been aligned.
    Curriki Rating
    'NR' - This resource has not been rated
    NR
    'NR' - This resource has not been rated

    This resource has not yet been reviewed.

    Not Rated Yet.

    Non-profit Tax ID # 203478467