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Petroleum investment in the Arabian Gulf

Subtitle:
OIES paper: F5
Abstract:
In 1974 the thirteen OPEC countries suddenly received record oil revenues of $114 billion. The disposal of that income was as follows: 35% was used to finance imports of goods – mainly consumer goods and the remainder – the current account surplus – was placed abroad, mainly in the form of bank deposits (see statistics in Bergendahl 1984).
Publication status:
Published
Peer review status:
Reviewed (other)
Version:
Publisher's version

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Institution:
University of Oxford
Research group:
Oxford Institute for Energy Studies
Publisher:
Oxford Institute for Energy Studies Publisher's website
Publication date:
1985
URN:
uuid:476e067b-15bf-4ffd-a256-15613f033f84
Local pid:
ora:10201
ISBN:
0-948061-10-3

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