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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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