Tuesday, 7 January 2014

Arabs, Oil Wealth And Power Struggle - OpEd Eurasia Review

Arabs, Oil Wealth And Power Struggle - OpEd Eurasia Review:

"In what way is the oil wealth of the Arab countries being spent? Is that wealth being used to promote sustainable social, cultural, political and economic development in Arab countries and, thus, plays a positive role in the life and livelihood of the Arab masses? Or is it being used in the opposite direction and is actually destroying the entire infrastructure in the Arab world, and instead of being a silver bullet for the maladies of the Arab countries, is only a scourge? It is not easy to pass a simple judgment on this issue and many positive or negative arguments can be offered here. However, if the current conditions in the Arab world are examined more closely, especially after the political developments that have come to be known as the Arab Spring, one can, at least, claim that more than being a cure to their intractable ailments, the Arab oil wealth has been a scourge in disguise."

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