Middle East Essay by The Research Group

Middle East
This paper discuses economic planning in the Middle East: Growth, development, natural resources, agriculture and regional inequalities.
# 17428 | 1,575 words | 9 sources | 1982 | US
Published on Feb 09, 2003 in Economics (Macro) , Geography (General)

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From the Paper:

"Classifying the Middle East as a developed, underdeveloped,
or developing is difficult, the statistics can be misleading. For example, Kuwait has the highest per capita income in the world, but this fact disguises an unequal wealth distribution and the total dependence upon oil money. Libya enjoyed a 57.9% increase in per capita income between 1960 and 1968, and that number continues to increase today, but "a great effort is still required to improve standards of living for the majority" of the Libyans. Contrast Kuwait and Libya against Turkey; judging by per capita income or energy consumption (two measures commonly used to determine levels of development), Turkey is lower than either. Yet, Turkey is one of the few Middle Eastern countries that has made real industrial progress in the last fifty years.

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