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- Title
Crise et variables d'ajustement des États pétroliers méditerranéens.
- Authors
Béraud, Philippe; Jablanczy, Adrienne
- Abstract
This paper deals with the performance of the Mediterranean and the other Arabian oil exporting countries. As far as the resource-based industry is concerned, it could be interesting to notice that the performance of these countries is linked to sectoral mix, nature of industry, type of enterprise, nature of joint-venture contracts and obviously macroeconomic policies. The studies on the relationship between oil resources, oil production and valorization and global growth show that oil sector is not reliable, especially if we take into account the gap between low and high absorbing countries in the Arab world. In the first group of countries, oil revenues have a positive and significant effect on economic growth and development. In the second group of countries, oil revenues often copy with the Dutch-disease type resource reallocation process and have a negative effect on growth and development. Three alternative ways seem to be opened for these countries. And we study each of them : growing influence of profit sharing contracts between the state-owned companies and the international oil companies linked to technology transfers agreements, entrepreneurial and managerial trajectories coping with the influence of small and medium enterprises, effects of the regional integration in the framework of the Euro-Mediterranean trade agreements.
- Subjects
SAUDI Arabia; PETROLEUM export &; import trade; DIFFUSION of innovations; PRODUCTION (Economic theory); BUILD operate transfer
- Publication
Revue Management et Avenir, 2010, Issue 35, p95
- ISSN
1768-5958
- Publication type
Article