The Arab world in the 1980s: Macro-politics and economic change

The events of the early 1970's -- preceded by gradual changes which culminated in the war of 1973 and the oil price increases of October that year -- created realities that cannot be comprehended through conventional categories used in the past. Outsiders generally view the Arab world in terms...

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Main Author: Choucri, Nazli
Format: Article
Language:en_US
Published: © Middle East Studies Association of North America 2022
Online Access:https://www.proquest.com/docview/224994374
https://hdl.handle.net/1721.1/141542
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author Choucri, Nazli
author_facet Choucri, Nazli
author_sort Choucri, Nazli
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description The events of the early 1970's -- preceded by gradual changes which culminated in the war of 1973 and the oil price increases of October that year -- created realities that cannot be comprehended through conventional categories used in the past. Outsiders generally view the Arab world in terms of population, agriculture, industry and the like. In the West, the prevailing view was that the Arab world was poor, despite new wealth in oil-rich countries, and that its economic problems were basically those of increasing rates of growth, per capita income, and managing propensities for urban living. By the same token, the countries of the region were defined as "democracies," "monarchies" or "dictatorships" as the case might be. Arab countries were regarded as "good" or "bad" depending on the cold war politics of the time. Arab states, whatever their form of government, were then defined as "pro-West", "pro-East" or non-aligned, the implication being that political choices were limited to these three possibilities.[2] Lending can often be quite complex, given scarcity of personnel and difficulties in evaluating projects. The Abu Dhabi Fund (ADFAED), Saudi Development Fund (SDF), Iraq Fund for External Development (IFED), and Kuwait Fund for Arab Economic Development (KFEAD) are all bilateral, administered by one country, and generally disbursed to individual recipients or occasionally an organization. Multilateral funds include Arab Fund for Economic and Social Development (AFSED), Arab Bank for Economic Development in Africa (ABEDA), and the OPEC Special Fund. Other lending facilities include the Arab Authority for Agricultural Investment and Development, the Arab Monetary Fund and the Arab Africa Oil Assistance Fund.
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spelling mit-1721.1/1415422022-05-05T16:00:26Z The Arab world in the 1980s: Macro-politics and economic change Choucri, Nazli The events of the early 1970's -- preceded by gradual changes which culminated in the war of 1973 and the oil price increases of October that year -- created realities that cannot be comprehended through conventional categories used in the past. Outsiders generally view the Arab world in terms of population, agriculture, industry and the like. In the West, the prevailing view was that the Arab world was poor, despite new wealth in oil-rich countries, and that its economic problems were basically those of increasing rates of growth, per capita income, and managing propensities for urban living. By the same token, the countries of the region were defined as "democracies," "monarchies" or "dictatorships" as the case might be. Arab countries were regarded as "good" or "bad" depending on the cold war politics of the time. Arab states, whatever their form of government, were then defined as "pro-West", "pro-East" or non-aligned, the implication being that political choices were limited to these three possibilities.[2] Lending can often be quite complex, given scarcity of personnel and difficulties in evaluating projects. The Abu Dhabi Fund (ADFAED), Saudi Development Fund (SDF), Iraq Fund for External Development (IFED), and Kuwait Fund for Arab Economic Development (KFEAD) are all bilateral, administered by one country, and generally disbursed to individual recipients or occasionally an organization. Multilateral funds include Arab Fund for Economic and Social Development (AFSED), Arab Bank for Economic Development in Africa (ABEDA), and the OPEC Special Fund. Other lending facilities include the Arab Authority for Agricultural Investment and Development, the Arab Monetary Fund and the Arab Africa Oil Assistance Fund. 2022-04-03T05:55:50Z 2022-04-03T05:55:50Z 1982-04-30 Article https://www.proquest.com/docview/224994374 https://hdl.handle.net/1721.1/141542 Choucri, N. (1982). The Arab world in the 1980s: Macro-politics and economic change. Journal of Arab Affairs, 1(1), 167–87. en_US Attribution-NonCommercial-NoDerivs 3.0 United States http://creativecommons.org/licenses/by-nc-nd/3.0/us/ application/pdf © Middle East Studies Association of North America
spellingShingle Choucri, Nazli
The Arab world in the 1980s: Macro-politics and economic change
title The Arab world in the 1980s: Macro-politics and economic change
title_full The Arab world in the 1980s: Macro-politics and economic change
title_fullStr The Arab world in the 1980s: Macro-politics and economic change
title_full_unstemmed The Arab world in the 1980s: Macro-politics and economic change
title_short The Arab world in the 1980s: Macro-politics and economic change
title_sort arab world in the 1980s macro politics and economic change
url https://www.proquest.com/docview/224994374
https://hdl.handle.net/1721.1/141542
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