Conventional wisdom states that high oil prices lead to lower economic growth, cause inflation, and increase unemployment. Click here to enlarge imageThe US recessions of the 1970s, 1991, and 2001...
Middle East Economic Survey VOL. XLVII No 36 6-September-2004 OIL PRICES High Oil Prices Not Affecting Industrial States Economic Growth, Says Alhajji The following comment was written for MEES by...