Mehmet Kamis Quotes
Even though the Arab countries have both strategic and invaluable subterranean riches, most of them are poor.
Topics
Economic Status
Economy
Natural Resources
Oil
Poverty
Resources
Wealth
Arab Countries
Economic Disparity, Income Divide, Income Equality, Income Inequality
Economic Security, Economic Insecurity, Financial Security, Financial Insecurity
Middle East
Subsistence Wage, Subsistence Living
Economics
Economic Dependence
Economic Imbalance
Oil Wealth
Poverty Gap
Resource Curse
Wealth Inequality
Citations
Mehmet Kamis, Turkish Political Economist, Column, “What will the EU Teach us?,” December 15, 2004
Sourced by: Eigen's Political and Historical Quotations
Related Quotes
One dramatic example of this principle is that India at the end of the 20th century had more billionaires than the United States did.
See {34743} or {33971} for a more colorful and eloquent statement of the same notion.