Institutions and Macroeconomic Policies in Resource-Rich Arab Economies

For over eighty years the Arab region has been deriving massive wealth from its natural resources. Nevertheless, its economic performance has been at the mercy of ebbs and flows of oil prices and its resources have been slowly depleting. The two critical questions are why and how Arab countries might escape the oil curse.

Institutions and Macroeconomic Policies in Resource-Rich Arab Economies focus...