Oil, Institutions and Sustainability in MENA

A Radical Approach through the Empowerment of Citizens

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Springer


Paru le : 2020-03-19



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Description

This book addresses the factors that have led to the lackluster economic performance of the oil MENA region, despite the wealth of its vast natural resource. It offers a radical policy recommendation as a way out. Using data from a wide variety of sources, it analyzes the major problems that confront the governments of the MENA region, and make the case why the status quo is unsustainable.
Recently, Algeria has shown that people will tire of the status quo and will demand wholesale changes. At the core of the problem of corruption, rent seeking, waste, and lack of economic diversification, is the presence of oil and its control by the state. But oil by itself should help, not hinder MENA’s economic development. While historically, oil revenues may have contributed to the maintenance of corrupt institutions and rent seeking among oil-rich nations, the mere presence of such valuable natural resources need not be the problem.
It argues for a plan to empower citizens and invert the power relationship, so that the citizen’s voices matter. For the spirit of the Arab Spring to be successful, the region must adopt significant institutional changes that embrace the rule of law, transparency, democratic accountability, and the protection of human and private rights.
Pages
235 pages
Collection
n.c
Parution
2020-03-19
Marque
Springer
EAN papier
9783030259310
EAN PDF
9783030259334

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
23
Taille du fichier
6533 Ko
Prix
94,94 €
EAN EPUB
9783030259334

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
23
Taille du fichier
8817 Ko
Prix
94,94 €

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