Requires someone with an understanding of Middle Eastern Politics and economy. I will attach some relevant sources / powerpoint slides you may find useful. Answer all of the following short answer questions: (100-300 words) 2. In which country and under which leader was Law 43 of 1974 introduced, and what were its three pillars? 3. What is the difference between “breakeven crude oil price” and the “fiscal breakeven oil price” and why is each important? 4. Give an example of sack (plural sukuk) structure, identifying the steps and transactions involved (in a diagram, but also spelled out in full sentence format). 5. How does Matthew Gary’s conception of a “late rentier state” differ from the more traditional understanding of rentier state theory? 6. Explain the Dubai model? Explain its 10 characteristics according to Martin Hvidt.
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