MER Article The Arab Economies in the 1970s The 1970s were undoubtedly the most dramatic and important years in recent Middle Eastern history. The decade began politically with the death of Nasser, the formal withdrawal of the British from the Gulf and the first sharp increase in the price of oil. Oil -- its production and marketing, its reve Roger Owen • 27 min read
MER Article A New International Division of Labor? A number of theorists have recently put forth the notion of a “new international division of labor” in which the old colonial division of labor involving Third World exports of raw materials and imports of finished goods has been transcended. [1] According to this thesis, Third World countries have James Petras • 7 min read
