PROBLEMS OF ECONOMIC MODERNIZATION IN “RENTIER” ECONOMIES ON THE EXAMPLE OF THE ARAB OIL-EXPORTING STATES

The article deals with the problem of an economic modernization in oil-based “rentier” economies on the example of the Arab countries. The main attention is paid to fiscal policy in oil-exporting countries, public spending and to the problem of calibration of economic policy between competing short...

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Bibliographic Details
Main Author: Gurgen L Gukasyan
Format: Article
Language:English
Published: Peoples’ Friendship University of Russia (RUDN University) 2014-12-01
Series:RUDN Journal of Public Administration
Subjects:
Online Access:http://journals.rudn.ru/public-administration/article/viewFile/6586/6039