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| | Oil boom - Wikipedia, the free encyclopedia |
 | | The oil boom (Arabic: اÙØ·Ùرة) is a sharp economic growth in Saudi Arabia in the early 1970's till mid 1980's. | | | Oil exports expanded substantially, royalty payments and taxes on foreign oil companies increased sharply, and oil-exporting governments, including the kingdom, began setting and raising oil export prices. | | | The decision to increase the country's oil and gas resource development through downstream investments in refineries and petrochemical plants was logical considering the country's resource endowment. |
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http://en.wikipedia.org/wiki/Oil_boom
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| | longboom_pr.html |
| | Eventually, education both sows and reaps the benefits of the long boom. | | | The booming economy provides the resources to overhaul education. | | | Even so, these increasing efficiencies are not enough to counteract the juggernaut of a booming global economy. |
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http://www.wired.com/wired/archive/5.07/longboom_pr.html
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| | Alexander's Gas & Oil Connections - Norway looking beyond the oil boom |
| | The Petroleum Fund, managed by the national Norges Bank, takes the budget surplus provided by the oil boom and invests it in foreign stocks and bonds to generate income. | | | With oil prices at a nine-year high and reserves expected to last 40 more years, stewards of the state oil enterprises are under little immediate pressure to plan so far into the future. | | | Because of the state's dominant role in Norwegian oil, as much as 80 % of the cost will have to come from government coffers, providing incentive for Oslo to find cheaper alternatives--such as the shuttle--to existing dive-and-dismantle operations that cannot salvage the jackets and that involve more risk to personnel. |
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http://www.gasandoil.com/goc/news/nte01744.htm
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| | Chad's Oil: Miracle or Mirage? Following the Money in Africa's Newest Petro-State Catholic Relief Services |
| | With the growing boom in African oil, all eyes are on the Chad-Cameroon oil pipeline project, Africa's first attempt at defying the "resource curse." But, after its first year of implementation, this World Bank-financed project to transform oil revenues into poverty reduction in Chad is hanging by a thread. | | | Chad's oil revenue management system fails to apply requirements regarding transparency, accountability and pro-poor expenditures to all oil developments in the country. | | | Revenues coming in from new fields, combined with taxes on oil production that fall outside the revenue management system, may dwarf the income that is covered by the country's transparency rules. |
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http://www.catholicrelief.org/get_involved/advocacy/policy_and_strategic_issues/oil_report.cfm
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| | SmartPedia.com - Free Online Encyclopedia - Encyclopedia Books. |
| | Tulips were also exchangedfor land, valuable livestock, and houses. | | | Some were left holding contracts to purchasetulips at prices now ten times greater than those on the open market, while others found themselves in possession of bulbs nowworth a fraction of the price they had paid. | | | In 1623, a single bulb of a famous tulip breed could cost as much as a thousand Dutch florins (the average yearly income at the time was 150 florins). |
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http://www.smartpedia.com/smart/browse/Tulip_boom
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| | Thailand’s Economic Boom and Bust, and the Fate of Agriculture |
| | The boom in demand for non-traded assets drove up their prices, sometimes in spectacular fashion, and created an entire class of wealthy urban Thais whose assets were their shares in the ownership of banks, finance companies, real estate and property developments, construction firms, and a raft of ancillary industries. | | | Seen this way, the investment boom of the 1990s was analogous to a temporary resource boom of the kind experienced by most oil-exporting countries in the 1970s. | | | In particular, the primary fuel for the boom was the accumulation of capital which, in contrast to the standard Dutch disease model, is internationally mobile in the Thai economy after 1990 due to capital market liberalization. |
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http://www.info.tdri.or.th/library/quarterly/text/j98_2.htm
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| | The Seattle Times: Nation & World: Graft fuels Africa nation's oil boom |
| | The payments from the oil companies to the government were facilitated by Riggs. | | | Because of concern that money paid by oil and other natural-resource companies has been misappropriated by leaders of some countries, an international coalition of groups has been lobbying for the disclosure of fees the companies pay to do business. | | | The oil companies made payments of more than $4 million to support more than 100 students from Equatorial Guinea studying abroad, most of whom were relatives of wealthy or powerful officials, the report said. |
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http://seattletimes.nwsource.com/html/nationworld/2002030703_guinea09.html
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| | opinion: No need for oil boom |
| | In a matter of months, wage and pension arrears were being paid down; international debt obligations met; barter between businesses ended; the economy remoneterized; a trade surplus and budget surplus were seen. | | | Sharper minds have been urging the government for more than a year to push through structural reform while the going was good, and Illarionov talked of a stabilization fund to extract the oil money from the economy and save it for a rainy day. | | | With few instruments for sponging this up, inflation was accelerating and eating up the miniscule financial gains the majority of the population was seeing. |
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http://www.russiajournal.com/av/opinion/opinion122-No-need-for-oil-boom.html
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| | n0de9 { boom and bust |
| | The bust times are the price we pay for the advances that come during the boom. | | | But booms and busts aren’t confined to technological sectors or even this century. | | | Like stars that transform their nuclear fuel into new elements then explode them across the galaxy to form new suns and planets, economic booms forge new business models, technologies, attitudes and workers that become the fuel for future growth. |
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http://www.n0de9.com/features/boom3.html
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| | Intellectual capital - Wikipedia, the free encyclopedia |
| | Dutch Tulip Boom, as evidence that enterprises whose financial market valuations exceed the actual instructional reliability, individual creativity, and social trust combinations vested in the firm itself, are quickly dragged back down to reasonable valuations based on more traditional criteria associated with financial and infrastructural holdings. | | | tulip boom, however, when it would have been just as likely to assign a high value to the seemingly-magical combinations of tulip bulbs and, say, the pots they grew in. | | | It was particularly prevalent in 1995-2000 as theories proliferated to explain the " dotcom boom " and high valuations. |
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http://en.wikipedia.org/wiki/intellectual_capital
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| | Dot-com - Wikipedia, the free encyclopedia |
| | At the height of the boom it was possible for a promising dot-com to make an initial public offering of its stock and raise a substantial amount of money even though it had never made a profit. | | | The revolutionary optimism of the boom faded, and analysts once again recognized the relevance of traditional business thinking. | | | A stock market bubble in financial markets is a term applied to a self-perpetuating rise or boom in the share prices of stocks of a particular industry. |
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http://en.wikipedia.org/wiki/Dotcom_boom
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| | The African Oil Boom: Peril or Opportunity for Africa's Poor People? - Social and Economic Policy - Global Policy Forum |
| | African governments, in turn, are receiving billions of dollars in revenue from this boom. | | | Sub-Saharan Africa is in the midst of an oil boom as foreign energy companies pour billions of dollars into the region for the exploration and production of petroleum. | | | Africa's oil boom comes at a time when foreign aid to Africa from industrialized countries is falling and being replaced by an emphasis from donor nations on trade as a means for African countries to escape poverty. |
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http://www.globalpolicy.org/socecon/develop/africa/2003/1108oilboom.htm
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| | The Economic Boom Turns Nine (March 2000) |
| | But despite all the good news, the fact is that the benefits of the economic boom have accrued disproportionately to the nation’s wealthiest citizens. | | | While the seemingly endless boom was widely celebrated by the press and by politicians, it has also sparked the usual questions about how long it can last and whether the economy is really on a "new" foundation. | | | Consumer spending accounts for about two-thirds of all economic activity in the U.S. Of course, Federal Reserve Chairman Alan Greenspan is now trying to slow down the economy because he and his Wall Street friends are fearing that workers might starting winning better wages. |
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http://www.laborresearch.org/story2.php/75
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| | Planet Ark : Oil boom unlikely to solve Gulf economy woes |
| | "Unlike spending patterns in the previous oil booms, the region's budgets underscore a new level of fiscal prudence," said Dubai-based Standard Chartered economist Daniel Hanna. | | | The 1970s oil boom fuelled massive spending on infrastructure and reconstruction throughout the energy-rich Gulf. | | | Some of the rulers in the region, which straddles nearly half the world's oil reserves, have more prudent plans in mind for oil revenues that are on target to produce a budget surplus of $60 billion. |
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http://www.planetark.com/dailynewsstory.cfm/newsid/26892/story.htm
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| | The jobs boom party is on |
| | While the comparison with the dotcom boom days may be a little premature at this stage, the huge upswing in the jobs market is clear. | | | For instance, during the dotcom days, most of the hiring by the Indian firms was for "bodyshopping", as these companies later sub-contracted their software engineers to foreign firms. | | | The net hiring figures for the product companies is about 30,000 while the services sector is projecting a figure of about 35,000. |
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www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2004/dec/17guest.htm
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| | BBC NEWS Africa Gabon's oil boom hangover |
| | Oil prices fluctuate wildly from year to year - even month to month - which means the government's impressive infrastructure projects have been thrown into confusion. | | | Increased oil prices have softened the blow, but government revenues have fallen. | | | Today about half the government's income is swallowed up by interest payments. |
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http://news.bbc.co.uk/2/hi/africa/3733578.stm
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| | TCS: Tech Central Station - Tech Boom Hides Looming Disaster |
| | The tech boom times are masking a huge problem, described in an excellent report from the non-partisan Tax Foundation. | | | Luckily for the politicians, America's high-tech boom and your hard work have been increasing America's wealth even faster, which in turn has created large tax bills and record revenue collections at the IRS. | | | Our government is spending as if they do, and that's going to cause a lot of pain when the tech boom ends. |
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http://www.techcentralstation.com/042400D.html
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| | Guardian Unlimited The Guardian Oil boom helps Treasury top up empty tanks |
| | Surging oil prices have boosted tax revenues in recent months to the extent that the shortfall in the government's finances is likely to be considerably smaller than previously expected, a leading economic thinktank said yesterday. | | | Given that oil prices were expected to remain high, the boost in revenues was likely to continue. | | | Mr Barrell said taxes would still need to rise by £7bn-£8bn a year in the next parliament to ensure that whoever was chancellor could meet the so-called golden rule imposed by the current government. |
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http://www.guardian.co.uk/business/story/0,3604,1472765,00.html
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| | Where next for the Middle East oil boom? News Feature |
| | This could well be a permanent shift to higher oil prices that will be enough to stimulate the growth of the energy sector to meet what look to be very much higher levels of demand than have been evident since the last great oil boom of the late 1970s. | | | This has caused a real estate and stock market boom in the Oil States; which varies only according to their degree of openness to foreign trade and investment. | | | Oil prices have been strong now for more than four years, and 2004 could well be another record year. |
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http://www.ameinfo.com/news/Detailed/36759.html
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| | HIS21 Study Guide - Week Three |
| | The 'long boom' was an extended period of economic growth and rising average incomes, spanning the 1950s and 1960s, without precedent in the history of the Australian nation. | | | The Australian economy entered the 'long boom' at more or less the same time that the Liberal government commenced an unprecedented 23 years of national government. | | | The Menzies government won the 1949 election on a platform of removing the rationing and regulations of postwar reconstruction, a program made possible by the emerging boom. |
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http://www.arts.monash.edu.au/ncas/teach/unit/his/his21wk03.html
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| | Mark Bourrie, West risks economic collapse with its ‘paper boom’ |
| | The book is written for a Canadian audience, but the economic models it uses fit the economic situations in the United States, Great Britain, Hong Kong, Australia, and other countries where the current economic boom is built primarily on increases in the values of securities, especially those with very high price-to-earnings ratios. | | | And at worst, of course, the booms and busts of finance can be an actual hindrance to real growth and real investment, especially at times of financial crisis and instability. | | | This tax revolt has been focused almost exclusively on cuts to personal income tax but economists of all stripes agree that if there's one area where taxes could be cut to create jobs, it's in corporate taxes for re-investment. |
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http://www.hartford-hwp.com/archives/44/213.html
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| | The Investor's Library: Economic Boom to Continue |
| | Dent says the most important factor sustaining the current boom is the size and spending habits of the world-wide, baby-boom generation, that huge segment of the population born between the years 1946 and 1964. | | | He explains, the baby boom generation will be moving out of its peak spending and productivity years, sparking a deep deflationary recession, or perhaps even a depression, that could last a dozen years or more. | | | The massive baby-boom generation is just beginning to enjoy its peak years of spending and productivity, he explains. |
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http://www.cyberhaven.com/investors/economicboom.html
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| | BBC NEWS Business Dotcom shares still spook investors |
| | I will always look back on the dotcom boom with a smile, as I remember gullible, stupid, greedy investors thinking that they were going to totally clean up by investing millions in startups with no clear business plan beyond putting ".com" on the end of something. | | | As a young IT graduate in the dotcom boom era, I ended up working for a staid but reliable investment bank whilst my friends joined dotcoms and waxed lyrically about their perks and lifestyles. | | | The dotcom boom was very similar to the automobile boom in the 1920s. |
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http://news.bbc.co.uk/1/hi/business/4333899.stm
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| | OECD Observer: The future of the global economy: towards a long boom? |
| | The second set of developments that could power a long boom spring from the possibility of an accelerated and much fuller integration of global markets. | | | These are two very good reasons for making the exceptional economic and social policy efforts required for the long boom to become reality. | | | The second feature of a long boom is the coincidence of diverse forces which work together in a specific historical conjuncture. |
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http://www.oecdobserver.org/news/fullstory.php?aid=50
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| | Guardian Unlimited Economic dispatch All the prosperity in China |
| | China is firing on all cylinders: retail sales are rising by around 10%, exports are booming and foreign direct investment is up by 57% to $13bn (£8.25bn). | | | If they were to travel to east Asia they would suddenly find themselves in the middle of a boom, notwithstanding the undoubted debilitating effects of the Sars virus. | | | The interesting thing is that China is now a much more open economy than it was, thanks mainly to its membership of the World Trade Organisation and the tariff cuts that have gone with it. |
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http://www.guardian.co.uk/economicdispatch/story/0,12498,938541,00.html
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| | Bush economic boom |
| | Nonetheless, The Australian Financial Review could seriously argue (14/9/98) that the period 1870-90 was a deflationary one in the US and that it was "excess capacity" that drove prices down while "production boomed". | | | Cheap money advocates don't realise that it was this policy that created the 1920s boom that resulted in the Great Depression. | | | The freezing of money supply in December 1928 guaranteed a comparatively quick end for the boom. |
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http://www.brookesnews.com/042009bushboom.html
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| | Economic Inequality Grew in 90's Boom |
| | January 23, 2003 By EDMUND L. WASHINGTON, Jan. 22 - Economic inequality increased markedly as the boom of the 1990's fizzled, even as incomes increased at almost every level, according to a detailed new survey by the Federal Reserve released today. | | | To be sure, the Fed survey also shows that even middle- and lower-income families benefited from the economic boom. | | | It suggests that the benefits of the economic boom were widespread but extremely uneven. |
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http://www.dsausa.org/lowwage/Documents/2003/Inequality.html
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| | How Real Is the Asian Economic Miracle? A Reprise |
| | The Austrian school has warned time and time again that an inflationary boom in capital investment not only causes prices to rise, but also makes unsustainable projects look attractive. | | | To quote a recent editorial: "There is a strong chance that the Asian crisis can act as a solvent, dissolving authoritarian governments and economic practices while spreading democratic market capitalism" (January 26, 1998). | | | In my July 1996 Freeman column, I disputed Krugman's thesis, countering that they had adopted sound principles of economics, such as budget surpluses, low taxes on investment, no welfare schemes, and high levels of saving and investment. |
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http://www.mskousen.com/Books/Articles/miracle.html
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| | ABC News: Silicon Insider: Winners of the Next Tech Boom |
| | Those who will lose money on the next boom, just like last time, will be those who spend their money on already over-publicized and peaked-out tech stocks in 2004 and 2005. | | | And the people who will make hundreds of thousands of dollars in the next boom will invest — mostly in publicly traded stock or as recipients of employee stock options — in 2003. | | | One thing is for certain: none of the hot companies of the last boom will be the big plays in the next one. |
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http://abcnews.go.com/Business/story?id=87436&...
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| | Saudi Arabia enjoys a solid oil boom News Feature |
| | There will not be the wild spending of the 1970's oil boom. | | | This means that oil revenues will be almost double the amount forecast in the budget. | | | Bourland is happy to admit that most forecasters got the oil market wrong despite this being one of the most transparent of global markets. |
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http://www.ameinfo.com/news/Detailed/43466.html
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