Description
This book is an analysis of how oil has affected governance and human, political, and economic development in the countries of the Persian Gulf and shaped these countries’ relations with the rest of the world. Hossein Askari THE EVOLVING ROLE OF OIL IN THE PERSIAN GULF 1. Before Oil-Political and Economic Conditions in the Persian Gulf 2. Oil-Discovery and Production in the Persian Gulf (1900-1945) 3. Oil-The Early Years, OPEC, and Its Empowerment (1945-1979) 4. Oil-The Turbulent Years (1979-2001) 5. Oil-The Most Recent Years (2001-2013) THE POLITICAL ECONOMY OF OIL AND TRANSITION TO OIL-LESS ECONOMIES 6. Oil-Islam, Ownership, and Institutions 7. Oil-Foreign Interference 8. Oil-The Fallout in the Persian Gulf 9. After Oil-Transition to Oil-Less Economies 10. Conclusion