The Curse of the Gaps between Inflationary and Chronic deficit in the Economy
Abstract
The main objective of this study is to analyze the subject of oil and its impact on the economies of Arab countries and Algeria model. Focus on the theoretical aspect of the phenomenon and scientifically explainable The results showed that there was a negative impact of oil revenues on Arab economies through the emergence of inflationary gaps and chronic deficit in the balance of trade and see it to rely on this income excessive public spending, both current and investment.
Full Text: PDF DOI: 10.15640/jeds.v2n3a15
Abstract
The main objective of this study is to analyze the subject of oil and its impact on the economies of Arab countries and Algeria model. Focus on the theoretical aspect of the phenomenon and scientifically explainable The results showed that there was a negative impact of oil revenues on Arab economies through the emergence of inflationary gaps and chronic deficit in the balance of trade and see it to rely on this income excessive public spending, both current and investment.
Full Text: PDF DOI: 10.15640/jeds.v2n3a15
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