Nyhet

Economic Challenges in the Gulf Cooperation Council Countries

Moving Toward Economic Diversification and Sustainability

AvJalal Qanas,Malcolm Sawyer

Inbunden, Engelska, 2026

Del i serien The Economies of the Middle East series

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Beskrivning

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.

Produktinformation

Utgivningsdatum:2026-04-28
Mått:156 x 234 x undefined mm
Format:Inbunden
Språk:Engelska
Serie:The Economies of the Middle East series
Förlag:Edward Elgar Publishing Ltd
ISBN:9781035358434

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Mer om författaren

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

Recensioner i media

‘What a remarkable book about a region that many of us know just very little about. But given its growing geopolitical influence, we should definitely learn more about it. This book does that wonderfully. Edited by well-know heterodox economists, the book contains 10 well-written chapters that explore various themes, like sustainability and Wealth funds, among others, related to the Gulf countries. The editors assembled a remarkable list of authors that tackle familiar problems in a completely different context. Well done indeed. This book is a must read for those wanting to expand their knowledge of the economics of the Gulf countries or want to take a first step.’

Innehållsförteckning

ContentsPreface ix1 The role of entrepreneurial state in GCC economies inbuilding a long-term sustainable development 1Jalal Qanas and Malcolm Sawyer2 Economic diversification trends in the Gulf CooperationCouncil (GCC) countries: opportunities and challenges 18Nazar Hilal3 Determinants of economic diversification in GCC countries:Empirical study for the period (2000-2022) 41Adnan Aljawareen4 Catalysts of change: the role of strategic sovereign wealthfunds in the structural transformation of the GCC economies 66Duncan Mayall5 Economic diversification and sustainability in GCC countries:the role of information technology 89Umara Noreen, Attayah Shafique and Zaheer Ahmed6 Encouraging the growth of innovative small and medium-sized enterprises (SMEs) as a pivotal strategy for diversifyingresource-rich economies 108Husam Arman, Ahmad Alawadhi and Shaikha Al-Fulaij7 Green credit lines in the Gulf Cooperation Council:evaluating opportunities, overcoming challenges, andassessing the impact on energy transition in Qatar 133Islam Mohamed Mahmoud and Quosay Awad Ahmed8 Beyond rentierism: economic diversification, nation brandingand public diplomacy in the United Arab Emirates 165Omar Bortolazzi9 Hunger, stability and alliances diversification: the foodsecurity in the Gulf and opportunities to cooperate withArgentina 194Joel Foyth10 Leveraging cultural and creative industries for sustainableeconomic diversification in Qatar 216Maha Alshebani and Zariyah Zein