economies of the me & na introduction. why the middle east?

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Economies of the ME & NA Introduction

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Page 1: Economies of the ME & NA Introduction. Why the Middle East?

Economies of the ME & NA

Introduction

Page 2: Economies of the ME & NA Introduction. Why the Middle East?

Why the Middle East?

Page 3: Economies of the ME & NA Introduction. Why the Middle East?

Geography

The Middle or Near East:

Arab countries: Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Palestinian Authority, Saudi Arabia, Syria, United Arab Emirates, Yemen

Non-Arab countries: Cyprus, Iran, Israel, Turkey

Page 4: Economies of the ME & NA Introduction. Why the Middle East?

Geography

North Africa:

Arab countries: Algeria, Libya, Morocco, Sudan, Tunisia

Page 5: Economies of the ME & NA Introduction. Why the Middle East?

Geography

Regions:

Arabian Peninsula Iranian PlateauAnatolian PlateauFertile Crescent & Mesopotamia

Page 6: Economies of the ME & NA Introduction. Why the Middle East?

Geography

Waters:

Arabian Sea, Gulf of Oman, Persian GulfRead Sea, Mediterranean Sea, Black

Sea, Caspian SeaNile River, Jordan River, Tigris &

Euphrates Rivers

Page 7: Economies of the ME & NA Introduction. Why the Middle East?

History

5500 B.C. to 2004 A.D.Sumerian & AkkadianBabylonian & Neo-BabylonianPersian, Greek & RomanArabian & Mongolian Saavid & Ottoman Independent nation states

Page 8: Economies of the ME & NA Introduction. Why the Middle East?

Regional Characteristics

The Crossroad

The world’s islandThe tri-continental hub of Asia,

Africa, and EuropeThe Silk Road

Page 9: Economies of the ME & NA Introduction. Why the Middle East?

Regional Characteristics

The Cradle of Civilization

Beginning of human civilization with major development in agriculture, science, literature, and urbanization

Page 10: Economies of the ME & NA Introduction. Why the Middle East?

Regional Characteristics

The Birthplace Judaism (5700+ years) Mithraism & Zoroastrianism (5000 & 3500 years) Christianity (2000+ years) Islam (1400+ years) The Bahai Faith (100 years)

Page 11: Economies of the ME & NA Introduction. Why the Middle East?

Regional Characteristics

The Arc of Crisis

Military conflict from the pre-historic to the present time

Page 12: Economies of the ME & NA Introduction. Why the Middle East?

Regional Characteristics

Large Population

Over 300 million people living in 22 countries and millions of immigrants living outside the region

Page 13: Economies of the ME & NA Introduction. Why the Middle East?

Rich Natural Resources

Over 60% of the world’s oil reserves

About 50% of the world’s oil supply

Reserves of natural gas, copper, iron ore, zinc, lead, etc.

Page 14: Economies of the ME & NA Introduction. Why the Middle East?

Regional Characteristics

Trade & Commerce

Exporting natural resources and human resources

Importing capital and consumer goods and military equipment & services

Page 15: Economies of the ME & NA Introduction. Why the Middle East?

Regional Similarities

Common History

The Persian Empire The Arab Empire The Ottoman Empire

Page 16: Economies of the ME & NA Introduction. Why the Middle East?

Regional Similarities

Common Culture

Language: Arabic, Farsi, TurkishReligion: Islam, Christianity, Judaism

Page 17: Economies of the ME & NA Introduction. Why the Middle East?

Regional Similarities

Third World NationsEconomic problems: poverty, income

inequality, dependence on exports

Social problems: gender and ethnic discrimination, inefficient governments

Page 18: Economies of the ME & NA Introduction. Why the Middle East?

Regional Similarities

Military ConflictArab-Israeli conflict (1948, 1956, 1967,

1973, 1982, on-going) Iran-Iraq War (1980-88)Persian Gulf War (1991) Iraq Invasion (2003-present)

Page 19: Economies of the ME & NA Introduction. Why the Middle East?

Regional Differences

Country Size in Area

Large: Sudan, Saudi ArabiaSmall: Lebanon, Kuwait

Page 20: Economies of the ME & NA Introduction. Why the Middle East?

Regional Differences

Population

Large: Egypt, Iran, TurkeySmall: Qatar, Kuwait, UAEMedium: Algeria, Morocco, Iraq

Page 21: Economies of the ME & NA Introduction. Why the Middle East?

Regional Differences

Urbanization

Rural: Sudan, Yemen, LibyaUrban: Kuwait, UAE, Qatar

Page 22: Economies of the ME & NA Introduction. Why the Middle East?

Regional Differences

Economic Size

Affluent: UAE, Saudi ArabiaLess fortunate: Sudan, Yemen

Page 23: Economies of the ME & NA Introduction. Why the Middle East?

Regional Differences

Government

Democratic & Non-secular: Tunisia, Turkey

Autocratic & Secular: Saudi Arabia, Iran