Energy and Economic Diversification in the UAE - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Energy and Economic Diversification in the UAE write by Sameena Hameed. This book was released on 2018. Energy and Economic Diversification in the UAE available in PDF, EPUB and Kindle.
Economic Diversification in the GCC
Economic Diversification in the GCC - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Diversification in the GCC write by Mr.Tim Callen. This book was released on 2014-12-23. Economic Diversification in the GCC available in PDF, EPUB and Kindle. Abstract: The economies of the six Gulf Cooperation Council (GCC) countries are heavily reliant on oil. Greater economic diversification would reduce their exposure to volatility and uncertainty in the global oil market, help create jobs in the private sector, increase productivity and sustainable growth, and help create the non-oil economy that will be needed in the future when oil revenues start to dwindle. The GCC countries have followed many of the standard policies that are usually thought to promote more diversified economies, including reforms to improve the business climate, the development of domestic infrastructure, financial deepening, and improvements in education. Nevertheless, success to date has been limited. This paper argues that increased diversification will require realigning incentives for firms and workers in the economies—fixing these incentives is the “missing link” in the GCC countries’ diversification strategies. At present, producing non-tradables is less risky and more profitable for firms as they can benefit from the easy availability of low-wage foreign labor and the rapid growth in government spending, while the continued availability of high-paying and secure public sector jobs discourages nationals from pursuing entrepreneurship and private sector employment. Measures to begin to address these incentive issues could include limiting and reorienting government spending, strengthening private sector competition, providing guarantees and financial support for those firms engaged in export activity, and implementing labor market reforms to make nationals more competitive for private sector employment.
Economic Development in the Gulf Cooperation Council Countries
Economic Development in the Gulf Cooperation Council Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Development in the Gulf Cooperation Council Countries write by Héla Miniaoui. This book was released on 2020-10-26. Economic Development in the Gulf Cooperation Council Countries available in PDF, EPUB and Kindle. This book delves into the economic development of the six Gulf Cooperation Council (GCC) countries. Since the 1960s, the GCC states have harnessed their potential to exploit the wealth accrued from the oil boom to build their infrastructure and grow their economies. However, the high level of dependency on oil as the primary source feeding their output made their economies volatile and vulnerable to fluctuations in the global oil prices. Moreover, the plunge in oil prices and the threat of depletion of this natural resource pose serious challenges to the GCC countries. Consequently, the GCC governments have realized the importance of diversifying their economies following the need to move away from reliance on hydrocarbon. This book contributes to the theoretical literature by enriching the debate on the transition of the GCC countries from rentier states to diversified economies. It helps students and scholars understand this transformation with an expansive comprehension of the contemporary challenges facing the region, as well as outlining prospects for the future.
Energy Transitions in the Middle East
Energy Transitions in the Middle East - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Energy Transitions in the Middle East write by Katherine Wolff. This book was released on 2024-01-25. Energy Transitions in the Middle East available in PDF, EPUB and Kindle. How do Middle East energy transitions fit into international energy markets? In this book, energy analysts, geopolitical experts and specialists of political economy examine the new energy potential in the Middle East. The particular focus surrounds how the region's access to finance, combined with the new global regulations and considerations of economic development, shape the region's energy transitions overall. The Middle East is revealed to be a key site of new energy production, sharing and transmission as well as technology innovation. At the same time, the authors examine the variables that determine the success in each country and energy source, including the advantages that hydrocarbon producers will have in renewables and transition fuels, and the risk that these might slow down the energy transition overall. In doing so, the book situates the energy transition in the Middle East in a broader context of economic development, financing models, and regulations, and explains how this context interacts with the development of new energy sources. Energy Transitions in the Middle East is an account of the challenges Middle Eastern states will face in navigating the global energy transition, as well as their key areas of opportunity.
Economic Diversification Policies in Natural Resource Rich Economies
Economic Diversification Policies in Natural Resource Rich Economies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Diversification Policies in Natural Resource Rich Economies write by Sami Mahroum. This book was released on 2016-08-05. Economic Diversification Policies in Natural Resource Rich Economies available in PDF, EPUB and Kindle. Economic diversification remains at the top of the agenda for hundreds of regions around the world. From the single commodity economies of African countries and the Caribbean, to the many single industry regions of Europe and North America, as well as the oil and gas rich but volatile hydrocarbon economies. Economic diversification policies have been around for almost a century with varying degrees of success and failure. Economic Diversification Policies in Natural Resource Rich Economies takes a special interest in the policy experiences of a set of different countries that have extractive industries representing significant drivers of their economies and subsequently are significant contributors to government revenues. It explores twelve cases including upper-middle to high income economies such as Canada, Australia, Iceland and Norway, emerging economies such as Latin America, the GCC (Saudi and UAE), Kazakhstan, Malaysia and Russia, as well as the developing economy of Uganda. Each chapter provides a review of economic diversification experiences including policy environment, diversification strategies, desired outcomes, the role of government, and a critical evaluation of achievements. This book is suitable for those who study environmental economics, development economics and resource management.
