Regardless of the vast wealth that oil can bring to a country, it can be regularly observed that oil rich countries underperform in terms of economic and social outcomes compared to their oil poor counterparts. Actually, this pattern was observed so often that it was termed the 'resource curse...
ButIraqisaretaking to thestreetstoaskwhymillionsarelivinginpovertyinoneof themostoil-richcountriesin theworld. 但是伊拉克人正上街游行质问,为什么几百万人生活在贫穷里,伊拉克世界上石油储量最丰富的国家之一。 blog.sina.com.cn 7. Electiondatesareoftenmoved upinoil-richKazakhstan,wheneveritsuitstheauthorities...
today everyone agrees that China is rich in oil.Our oil will not only meet the great need in our country,but also be sold to other countries.1.We can ___ without any oil.A.run a bus or a ship B.run planes or trains C.run no machines D.ride a bike 2."a growing need for oil...
Why should the Advanced Economies get so much of the finished products available from the world’s resources, when most of the work (and the pollution) has taken place in the Other than Advanced Economies? I would expect this type of thinking to take place in China, Russia, India, Iran a...
The World Bank predicts that the global economy will slow to about 3% this year from 4% in 2004, but the effect on individual countries will vary widely. Advertisement Oil-rich nations in the Middle East and Central Asia will reap an extra $100 billion this year in oil exporting receipts,...
②In most countriesthe cost of crude oil now accounts for a smaller share of the price of petrolthanit did in the 1970s.因为,在大多数国家,原油价格(花费)在汽油价格中所占的比例比上世纪70年代要小。 cost n. 花费(这个词表示 “成本” 时,一般加s) ...
In terms of several economic dimensions, Norway offers a very particular case study. Following the discovery of substantial petroleum resources in 1969, it has grown to become one of the richest countries in the world measured in terms of per capita gros
It is the third largest oil field in the world and the largest offshore. Saudi Arabia has eight other supergiant oil fields. Saudi fields, as well as many other Middle Eastern fields, are located in the great Arabian-Iranian basin. Iraq, Kuwait, and Iran The Middle Eastern countries of ...
Algeria - Oil, Gas, Agriculture: Algeria’s economy is dominated by its export trade in petroleum and natural gas, commodities that, despite fluctuations in world prices, annually contribute roughly one-third of the country’s gross domestic product (GDP
Oil companiesdoubled their profitsand the economies of the biggest oil producers in the world got a major boost. But which countries are responsible for most of the world’s oil supply? Using data from theStatistical Review of World Energyby the Energy Institute, we’ve visualized and ranked ...