Life After Oil

The Survival Predicament of the Gulf Arab States

by Mirza H. Alqassab

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Pub Date 22 Aug 2020 | Archive Date 6 Oct 2020

Troubador Publishing Ltd. | Matador

Business, Leadership, Finance | Nonfiction (Adult) | Politics & Current Affairs

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Description

The Gulf Arab states became rich by accident. Their golden ticket was oil, which has become the lifeblood of their social and economic systems. But they are prone to become a ‘vanishing Eden’, if the oil curse endures further and economic transformation remains a mirage.

LIFE AFTER OIL highlights the economic vulnerability of the Gulf states after the oil party ends. The region depends heavily on imports financed by petrodollars. So, when demand for oil sinks and prices plummet, or when oil and gas reserves ultimately vanish, their survival will be extremely challenged.

LIFE AFTER OIL raises the alarm to the impending survival challenges to face the burgeoning Gulf societies in the post-oil era, and tackles the ultimate question: what will the future look like?

A Note From the Publisher

MIRZA H. ALQASSAB has witnessed first-hand the Gulf socio-economic transformation induced by oil. With an MSc in economics from the University of Oregon, US, his 40-year professional career covered the oil industry, money and banking, academic teaching and managing businesses, and spanned various countries including Bahrain, Qatar, Kuwait, UAE, Malaysia, Singapore and Egypt. He currently resides in Bahrain.

MIRZA H. ALQASSAB has witnessed first-hand the Gulf socio-economic transformation induced by oil. With an MSc in economics from the University of Oregon, US, his 40-year professional career covered...

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A Note From the Publisher

MIRZA H. ALQASSAB has witnessed first-hand the Gulf socio-economic transformation induced by oil. With an MSc in economics from the University of Oregon, US, his 40-year professional career covered the oil industry, money and banking, academic teaching and managing businesses, and spanned various countries including Bahrain, Qatar, Kuwait, UAE, Malaysia, Singapore and Egypt. He currently resides in Bahrain.

Advance Praise

"This book will appeal to anyone with an academic or general interest with the Gulf Arab states and their oil wealth, how they accumulated it as well as what happens next. It should also appeal to people interested in the economies of the world and global economics and politics in general. The book asks a fundamental question that hasn't yet been asked elsewhere: what happens in the Gulf Arab states after the oil wealth runs out? The fact that nobody else seems brave enough to ask this question, at least not in this much detail, makes this book unique. It is written in a very accessible style, but with solid, factual foundations, which make it very readable, informative as well as thought-provoking." - Amazon review

"This book will appeal to anyone with an academic or general interest with the Gulf Arab states and their oil wealth, how they accumulated it as well as what happens next. It should also appeal to...