Chaudhry, Kiren Aziz Ithaca, NY: Cornell University Press 330 pp., $45.00 cloth, S19.95 paper ISBN 0-8014-3164-6 cloth ISBN 0-8014-8430-8 paper Publications Date: July 1997
Saudi Arabia and Yemen: one is an oil exporter; one is a labor exporter. One receives petrodollars; one receives labor remittances. Both received over 80 percent of their gross national product from oil rent or labor remittances. Both prospered in the oil boom of the 1970s: both suffered In the bust of the 1980s. Both are "extreme cases of dependence on market-regulated capital flows" (28), and both were weak ...
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