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Oil: A blessing or a curse?
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Despite the current global economic downturn, some Gulf countries are swimming with petrodollars generated from vast reserves of oil and gas. But is such wealth always good for society? Is the economy distorted by a reliance on oil money? Does such a high GDP encourage a dynamic and ambition-driven local population?
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Published: Friday, 11 September 2009, 11:01 AM Mecca time, 08:01 AM GMT
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