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The Gulf is Managing its Wealth Better During This Boom Than it did During The Last One
Oleh:
The Economist
(Editor)
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 387 no. 8577 (Apr. 2008)
,
page 14.
Topik:
Gulf
;
Rise
;
Prices
;
Geological
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.48
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Most countries earn their keep through effort and ingenuity. Those of Gulf owe their living to geological serendipity. The harder China works, the faster India grows, the higher oil prices climb. The Gulf swells with confidence or despair depending on the price of " Arabian light" or "Oman blend". Five years ago, though up from its $9 low in the 1990s, the oil price stood at a mere $26 a barrel. Many of the Gulf's facing al-Qaeda insugerncy. Expatriates, used to a secure if sequested life, tried not to think about the tanks parked outside their compounds. Now the same oil fetvhes over $100 a barrel and confidence has returned. The Gulf is once again a source of envy more than concern (see page 32-34).
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