Arab Nationalism, Oil, and the Political Economy of Dependency

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Contending that Arab economic development was shaped by Arab nationalist thought, the emergence of the oil industry in the Arab region, and the integration of Arab economies into the international economic system, Alnasrawi analyzes the evolution of each of the three forces and their impact on the evolution of the Arab economies, along with their present status. The volume develops the concept of derivative dependency which demonstrates the affect of the economies of oil-producing states on the economies of non-oil states. A timely epilogue focuses on the current Iraq/Kuwait situation.