mena economy

8/8/2019 MENA Economy

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MENAMiddle East andNorth Africa

Economy


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Middle East

Turkey, Bahrein, Kuwait,

Oman, Qatar, Saudi

Arabia,United Arab Emirates,

Yemen, Gaza,Iraq,

Israel,Jordan, Lebanon,

Syria, Iran, Cyprus, Egypt


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Greater Middle East

Armenia,Azerbaijan,Georgia,

Afghanistan,Pakistan,Kazahstan,

Uzbekisthan, Turkmenistan,Tajikistan, Kyrgyzstan ,Algeria,

Mauritania,Western Sahara, Lybia,

Morocco, Tunisia,Sudan,Cosmoros,Djibouti, Somalia


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Rentier economies

States which derive all or asubstantial portion of theirnational revenues from the

rent of indigenous resourcesto external clients /naturalresources: petroleum, oil../[1]

[1] http://en.wikipedia.org/wiki/Rentier_state


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Oil


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Gas

Currently contains40 percent of theworlds proven gas

reserves.In 2008 the regiononly contributed12.46 percent of the

worlds total gasproduction

Big success for Qatar-LNG


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OPEC (Organization of Petroleum

Exporting Countries)

Established in September 1960,during a Conference held in Bagdad

These countries account for 2/3 ofthe known deposits of crude oil.

OPEC headquarters are located inVienna

Members: Algeria, Angola, Ecuador,Iran, Iraq, Kuwait, Libya, Nigeria,

Qatar, Saudi Arabia, UAE,Venezuela

Not members: Bahrein, Brunei,Norway, UK


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CAEU - Council of Arab Economic

Unity

Established on 3 June 1957.

1998 - Greater Arab Free TradeArea (GAFTA) including:

Bahrain, Egypt, Iraq, Kuwait,Lebanon, Libya, Morocco,Oman, Qatar, Saudi Arabia,Sudan, Syria, Tunisia, UAE

Coordinates legislations fortaxes, duties and policiesrelated to agriculture, industry,and internal trade


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AMU - Arab Maghreb Union

Established in 1989

Maghreb states -

Algeria, Libya,Mauritania, Morocco,

and Tunisia

Cooperation and

economic integration

in a common market


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Problems and resolutions

Water is a cardinal issue

Wealthy countries buy upland in poorer nations forfood, and sometimesbiofuel, production(map)

Investments in education,technology, healthcare


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Investing:

http://www.youtube.com/watch?v=5TjeyzsUmTs

Kidzania:

http://www.youtube.com/watch?v=WnxURHd7Iqw 7 :

http://www.youtube.com/watch?v=CUAgv9PZdx8

Intro:

http://www.youtube.com/watch?v=OEycqAirs28


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Resources

http://www.economywatch.com/world_economy/middle-east-central-asian/

http://www.moving2middleeast.net/facts-and-stats/economy.html http://en.wikipedia.org/wiki/Middle_East_economic_integration http://en.wikipedia.org/wiki/Arab_Maghreb_Union

http://en.wikipedia.org/wiki/Council_of_Arab_Economic_Unity http://www.tendersinfo.com/global-middle-east-tenders.php http://www.bp.com/sectiongenericarticle.do?categoryId=9023770&

contentId=7044467 http://www.eia.doe.gov/emeu/cabs/nonopec.html

http://www.opec.org/opec_web/en/ http://www.globalissues.org/issue/103/middle-east http://news.mongabay.com/2009/0525-hance_landbuys.html

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