Economic challenges in the gulf cooperation council countries : moving toward economic diversification and sustainability / edited by Jalal Qanas (assistant professor of economics, Department of Finance and Economics, Qatar University, Qatar) and Malcolm C. Sawyer (emeritus professor of economics, University of Leeds, UK).

Format:

Book

Contributor:

Qanas, Jalal, editor.

Sawyer, Malcolm C., editor.

Edward Elgar Publishing, publisher.

Series:

The economies of the Middle East series

Language:

English

Subjects (All):

Persian Gulf Region--Economic conditions.

Persian Gulf Region.

Gulf Cooperation Council.

Genre:

Electronic books.

Physical Description:

1 online resource (260 pages)

Place of Publication:

Northampton : Edward Elgar Publishing, 2026.

Summary:

"This timely book examines how Gulf Cooperation Council (GCC) countries can successfully navigate the structural transformation towards a post-oil future. Moving beyond generalized policy prescriptions, it comprehensively explores crucial obstacles and opportunities to define a path forward for the GCC region. Contributing authors demonstrate how meaningful income diversification requires a fundamental rewiring of the GCC's economic, institutional and social fabric. They address the entrenched structural challenges arising from the economic dominance of oil and gas, as well as the dominant role of the state and the nature of its sovereign wealth funds. The book emphasizes the importance of developing a dynamic private sector, cultivating human capital and redefining the social contract between the state and people. It also outlines key macroeconomic and institutional frameworks, providing specific sectoral strategies and innovative policy approaches focused on both economic diversification and sustainability. Economic Challenges in the Gulf Cooperation Council Countries is an essential resource for scholars and students interested in the global transition following climate change. It will be of particular interest to those in the fields of Middle East studies and development and energy economics"-- Provided by publisher.

Contents:

Contents: Preface

1. The role of entrepreneurial state in GCC economies in building a long-term sustainable development / Jalal Qanas and Malcolm Sawyer

2. Economic diversification trends in the Gulf Cooperation Council (GCC) countries: Opportunities and challenges / Nazar Hilal

3. Determinants of economic diversification in GCC countries: Empirical study for the period (2000-2022) / Adnan Aljawareen

4. Catalysts of change: The role of strategic sovereign wealth funds in the structural transformation of the GCC economies / Duncan Mayall

5. Economic diversification and sustainability in GCC countries: The role of information technology / Umara Noreen, Attayah Shafique and Zaheer Ahmed

6. Encouraging the growth of innovative small and medium-sized enterprises (SMEs) as a pivotal strategy for diversifying resource-rich economies / Husam Arman, Ahmad Alawadhi and Shaikha Al-Fulaij

7. Green credit lines in the Gulf Cooperation Council: Evaluating opportunities, overcoming challenges, and assessing the impact on energy transition in Qatar / Islam Mohamed Mahmoud and Quosay Awad Ahmed

8. Beyond rentierism: Economic diversification, nation branding and public diplomacy in the United Arab Emirates / Omar Bortolazzi

9. Hunger, stability and alliances diversification: The food security in the gulf and opportunities to cooperate with Argentina / Joel Foyth

10. Leveraging cultural and creative industries for sustainable economic diversification in Qatar / Maha Alshebani and Zariyah Zein.

Notes:

Description based on print record.

ISBN:

9781035358441 (e-book)

Access Restriction:

Restricted for use by site license.