This paper formulated a short-run model, with an explicit role for monetary policy, for analyzing world oil and gas markets. The model described carefully the parameters of these markets and their vulnerability to business cycles. Estimates showed that short-run demand for oil and gas was price-...

1. Introduction to corruption in the Persian Gulf -- 2. Islamic teachings and corruption -- 3. A review of the causes and consequences of corruption -- 5. The impact of oil and gas dependency on corruption -- 6. Corruption, economic growth and the petroleum sector in the Persian Gulf -- 7....

Middle East Oil Exporters presents a detailed picture of the economic structure and a critical survey of the recent economic performance of the Middle East. The focus is especially on the large oil-exporting nations, although the smaller producers are represented as well. The author illustrates...