The role of oil revenues in the economic development of the Arab Gulf states, along with an applied study on Iraq
This research tries to study the role of oil revenues in the economic development of the Arab Gulf countries with an applied study on the Iraqi train, relying on the current data and information provided by statistics, periodicals and official fields that helped in determining the dimensions of this...
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| Format: | Article |
| Language: | Arabic |
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University of Mosul, College of Arts
1975-04-01
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| Series: | آداب الرافدين |
| Subjects: | |
| Online Access: | https://radab.mosuljournals.com/article_166364_741b5de0f40a6d59a8733a80d687297f.pdf |
| _version_ | 1797935920512499712 |
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| author | Mohamed Al-Samak |
| author_facet | Mohamed Al-Samak |
| author_sort | Mohamed Al-Samak |
| collection | DOAJ |
| description | This research tries to study the role of oil revenues in the economic development of the Arab Gulf countries with an applied study on the Iraqi train, relying on the current data and information provided by statistics, periodicals and official fields that helped in determining the dimensions of this study. <br />Here, the same difficulty that faces any search for this region (and see it | from the countries of the Third World) is repeated, due to lack of data and so on. <br />This research tries in the first section - to draw a general picture of the Arab Gulf’s oil potential, production, reserves and revenues), in an attempt to clarify where its revenues were spent and what it has learned from the positive effects of developing the economies of those countries, thus reviewing the full economic development programs for this region. <br />Whereas the second section has been devoted to studying the experience of Iraq in the various fields of economic development during the period 51/974 through a comparative statistical analysis of the actual allocations and expenditures for the various development programs to determine the direction of the exploitation of oil revenues and to indicate the extent to which the Gulf countries can take the strategy of national development plans for Iraq 70-974 And what comes next. <br />The research ended with determining the dimensions of the future picture of the economies of the Arab Gulf states through a comparative analysis of the available economic wealth resources (agricultural - industrial - oil - and other mining - demographic - financial) in this region. Another is to deal with it, research and scrutinize it, to take it and circulate it to the great Arab world. <br />Among those results: <br /> 1. The increasing dependence of the Gulf states on oil as a primary source of income <br />The structure and structure of the economies of the Gulf states has been defined in its current form: a single commodity economy - economic dependence ... economic duplication as well). <br />2. Poor planning and investment of oil revenues in most Gulf countries, as they did not direct the right direction and what should be for the development of the economies of these countries and their ages, but rather was spent in various consumer areas (government consumption spending). <br />In addition to depleting some of them in entertainment and advertising projects or other purposes. In addition, some of the savings of those returns were deposited in foreign banks, which exposed them to the continuous decline in their establishment (67/12) as a result of their subordination to the monetary systems of the countries of those banks. <br />As for the recommendations, we can summarize them in identifying the reasons, possibilities and aspects of investing the financial savings of the Gulf countries resulting from oil revenues to achieve meaningful Arab economic development, by establishing a Gulf Arab institution for development and planning that guarantees the Arab map its independence and sovereignty. And the possibility of adopting Iraq's pioneering experience in the national development plan as an Arab model worthy of application and generalization, in order to make significant changes in the structure and structure of the economies of the Gulf countries and the accompanying emergence of large positive changes in the components of the entire Arab geographical environment. |
| first_indexed | 2024-04-10T18:21:43Z |
| format | Article |
| id | doaj.art-d9d418de883b41e09cc193a7b65c8f9f |
| institution | Directory Open Access Journal |
| issn | 0378-2867 2664-2506 |
| language | Arabic |
| last_indexed | 2024-04-10T18:21:43Z |
| publishDate | 1975-04-01 |
| publisher | University of Mosul, College of Arts |
| record_format | Article |
| series | آداب الرافدين |
| spelling | doaj.art-d9d418de883b41e09cc193a7b65c8f9f2023-02-02T07:10:01ZaraUniversity of Mosul, College of Artsآداب الرافدين0378-28672664-25061975-04-01567312010.33899/radab.1975.166364166364The role of oil revenues in the economic development of the Arab Gulf states, along with an applied study on IraqMohamed Al-Samak0College of Arts / University of MosulThis research tries to study the role of oil revenues in the economic development of the Arab Gulf countries with an applied study on the Iraqi train, relying on the current data and information provided by statistics, periodicals and official fields that helped in determining the dimensions of this study. <br />Here, the same difficulty that faces any search for this region (and see it | from the countries of the Third World) is repeated, due to lack of data and so on. <br />This research tries in the first section - to draw a general picture of the Arab Gulf’s oil potential, production, reserves and revenues), in an attempt to clarify where its revenues were spent and what it has learned from the positive effects of developing the economies of those countries, thus reviewing the full economic development programs for this region. <br />Whereas the second section has been devoted to studying the experience of Iraq in the various fields of economic development during the period 51/974 through a comparative statistical analysis of the actual allocations and expenditures for the various development programs to determine the direction of the exploitation of oil revenues and to indicate the extent to which the Gulf countries can take the strategy of national development plans for Iraq 70-974 And what comes next. <br />The research ended with determining the dimensions of the future picture of the economies of the Arab Gulf states through a comparative analysis of the available economic wealth resources (agricultural - industrial - oil - and other mining - demographic - financial) in this region. Another is to deal with it, research and scrutinize it, to take it and circulate it to the great Arab world. <br />Among those results: <br /> 1. The increasing dependence of the Gulf states on oil as a primary source of income <br />The structure and structure of the economies of the Gulf states has been defined in its current form: a single commodity economy - economic dependence ... economic duplication as well). <br />2. Poor planning and investment of oil revenues in most Gulf countries, as they did not direct the right direction and what should be for the development of the economies of these countries and their ages, but rather was spent in various consumer areas (government consumption spending). <br />In addition to depleting some of them in entertainment and advertising projects or other purposes. In addition, some of the savings of those returns were deposited in foreign banks, which exposed them to the continuous decline in their establishment (67/12) as a result of their subordination to the monetary systems of the countries of those banks. <br />As for the recommendations, we can summarize them in identifying the reasons, possibilities and aspects of investing the financial savings of the Gulf countries resulting from oil revenues to achieve meaningful Arab economic development, by establishing a Gulf Arab institution for development and planning that guarantees the Arab map its independence and sovereignty. And the possibility of adopting Iraq's pioneering experience in the national development plan as an Arab model worthy of application and generalization, in order to make significant changes in the structure and structure of the economies of the Gulf countries and the accompanying emergence of large positive changes in the components of the entire Arab geographical environment.https://radab.mosuljournals.com/article_166364_741b5de0f40a6d59a8733a80d687297f.pdfarab gulf statesoil tradearab economy |
| spellingShingle | Mohamed Al-Samak The role of oil revenues in the economic development of the Arab Gulf states, along with an applied study on Iraq آداب الرافدين arab gulf states oil trade arab economy |
| title | The role of oil revenues in the economic development of the Arab Gulf states, along with an applied study on Iraq |
| title_full | The role of oil revenues in the economic development of the Arab Gulf states, along with an applied study on Iraq |
| title_fullStr | The role of oil revenues in the economic development of the Arab Gulf states, along with an applied study on Iraq |
| title_full_unstemmed | The role of oil revenues in the economic development of the Arab Gulf states, along with an applied study on Iraq |
| title_short | The role of oil revenues in the economic development of the Arab Gulf states, along with an applied study on Iraq |
| title_sort | role of oil revenues in the economic development of the arab gulf states along with an applied study on iraq |
| topic | arab gulf states oil trade arab economy |
| url | https://radab.mosuljournals.com/article_166364_741b5de0f40a6d59a8733a80d687297f.pdf |
| work_keys_str_mv | AT mohamedalsamak theroleofoilrevenuesintheeconomicdevelopmentofthearabgulfstatesalongwithanappliedstudyoniraq AT mohamedalsamak roleofoilrevenuesintheeconomicdevelopmentofthearabgulfstatesalongwithanappliedstudyoniraq |