Is Oil Low Price Going to Sustain the Economic Recovery?
During the last part of 2014, optimism steadily raised over the unusually low prices of oil and their allegedly positive economic effects on the economies of oil importing countries. Although some evidence points in ... ... may yield better returns in the long term. Some others would instead benefit, but deliberately chose not do so, most notably Saudi Arabia. Countries belonging to this group may be employing this strategy to gain a competitive advantage over a broader ...