Oil in Egypt, Oman, and Syria : some macroeconomic implications

Working paper

This study considers the experiences of Egypt, Oman, and Syria in managing their oil and gas sectors. All three countries depend on the technological and financial leadership of international oil companies to deliver output, and displayed openness and flexibility to retain them. Sectoral policies were often amplified by macro-economic policies. In Oman and Egypt, financial and fiscal reforms allowed governments to reduce their vulnerability to oil revenue volatility. Their sectors can rely on...

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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: 2006-01-01
• Paper number: M30
• ISBN: 1901795497
• Language: English
• Keywords: oil financing; the Middle East; gas financing; Syria; imbalances; fiscal reforms; financial fows; macroeconomics; OIES; Oman; Egypt; oil dependency