VOL. XXXVI

NO. 43

26-JULY-1993

Future Challenges For The Producing Countries

In the following article, Dr. Majid 'Abd Allah al-Munif, Associate Professorof Economics at King Sa'ud University, Riyad, discusses future challenges forthe oil-producing countries. Dr. Munif's full paper, "The Oil Market:Lessons and Challenges" was delivered at the sixth annual meeting of theSaudi Economic Association held in Riyadh on 9-10 June. This is a MEEStranslation from the original Arabic.

The oil market has...