GDP of the Arab World - Essay Example

It is the oil fields in the Middle East that bring out the vast wealth these countries possess which is reflected by their GDP. The Gaza Strip has been an area of interest for Palestine and the Israel communities. If you compare the GDP of Israel with that of Palestine in 2012, we find that Israel is far much better. What creates this enormous difference? The answer is simple. Palestine is ever at war and never enjoys any political stability despite having deep oil fields worth billions of dollars. It is also evident that the US, UK, Germany, France, and Japan have a relatively superior GDP compared to the rest of the world but their wealth cannot match that of the 22 Arab League Members. This is because all these countries rely on the Arab nations for energy. These countries need energy security to sustain their economy (Ma). It is also for this reason that the agreement with Israel to build the largest solar station in the world. Bright Source Energy and Southern California Edison are in collaboration to make this project a dream come true. This project will cause US $ $1.37 billion (Karin Kloosterm). For the US to sustain their superiority, they must ensure that they have energy resources which should help keep their economy in check. This will also help them to retain their economic dominance.