Changing financial structures in the Arab world : some implications for oil and gas

Working paper

This paper relates changes in Arab financial structures to financing patterns in oil and gas. Until the mid-1990s, inherited financial structures displayed a reliance on external official finance. Since then, governments, who are the main borrowers, have shifted to domestic and private sources of finance, reflecting two broad changes. The first, is a global context where bilateral loans have largely dried up and private finance is more important, though not more reliable. In the medium term, ...

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Authors: Alami, R

• Publication status: Published
• Peer review status: Reviewed (other)
• Publisher: Oxford Institute for Energy Studies Publisher's website
• Series: OIES paper
• Publication date: 2005-01-01
• Paper number: F10
• ISBN: 1901795381
• Language: English
• Keywords: hydrocarbons; the Middle East; funding; Algeria; OIES; financial flows; NOCs; developing countries; North Africa; the Gulf; IOCs; financial structures for gas and oil; Qatar