ABSTRACT

The scandalous expenditure of many billions of dollars each year on useless construction projects in Saudi Arabia, and the unceasing orgy of killing and destruction in Lebanon, are the twin hallmarks of their failure. Most of the oil is located in the most underpopulated, backward, isolated Arab countries, such as Saudi Arabia, Kuwait, the United Arab Emirates, and Libya. Egypt is the largest and in some ways the most advanced Arab state, yet also one of the poorest in mass living standards and most urgently in need of cashing in on the opportunities for development created by the accumulation of fabulous riches in brother Arab states. The gaps between rich and poor may become too glaring, the challenge to traditional values too degrading, the costs of propping up the level of living of the upper classes too exorbitant, the tools of repression too inadequate.