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petrodollar recycling

Title English: 
petrodollar recycling
Definition English: 
Petrodollar recycling refers to the phenomenon of major petroleum-producing nations – mainly the OPEC members – earning more money from the export of oil than they could feasibly invest in their own economies. It was a phenomenon of the late 1970s and early 1980s, the peak years for petrodollar surpluses.
Title Arabic: 
إعادة تدوير البترو دولار
Domain: 
Economic Development
Subject: 
Economic Statistics
InformationType: 
Term
SourceSymbol: 
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