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The welfare effects of oil booms in a prototypical small gulf state (الإنجليزية)

This paper studies the economic consequences of booms and busts in the world oil market for a prototypical small Gulf State economy. This economy is defined by a number of important structural characteristics: (a) it is subject to export quotas, which may be somewhat bendable; (b) foreign oil companies as well as the domestic government, play a central role in the primary resource (oil) sector; (c) none of the booming sector revenue passes directly...
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نسخة رسمية من الوثيقة (قد تضم توقيعات، الخ)


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