April 21, 1998
| Anthony H. CordesmanThis report covers strategic interests in the Middle East, broader trends on the economic development of the MENA region, the failure of the Middle East to attract investments, or to compete in terms of productivity.
Saudi Arabia’s economy reflects the same dip in GDP during much of the 1980s and early to mid-1990s as that of the other oil exporting states. Oil riches recovered in the mid-1990s, but dropped sharply in late 1997. Saudi Arabia increased central government...
Graphic analysis of Arab-Israeli Military Spending: total spending levels are sharply lower in constant dollars than in 1980s, and military burden is also much lower as percent of GDP, as arms imports are as a percent of trade.