About this document
Oil by dbonet1 is a document available to read on EtoBox.
This document discusses how oil has profoundly shaped the political economy and international relations of the Middle East in three main ways: 1) Oil revenues have created large economic rents that have influenced domestic politics in oil-producing states and subjected them to major financial swings based on global oil prices. 2) Control over large oil reserves has impacted relations between oil-producing states in the Middle East. 3) While oil is allocated through markets rather than power or appropri
- Author
- dbonet1
- Language
- EN