Faithin Omaha eBook Collection

Download or read book Life After Oil written by Mirza H. Alqassab and published by Troubador Publishing Ltd. This book was released on 2020-08-11 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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?