Editors:
Contains contributions from experts from GCC countries on the future of energy and economic policy in the region
Provides analysis of an extremely topical issue in light of recent political movements sweeping the Middle East
Develops inter-linked themes and research tracks that complement each other to provide a holistic approach to the challenges facing the GCC Uses country examples that can be a model for other GCC countries
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Table of contents (23 chapters)
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Front Matter
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Regional Structural Reforms and Engines of Change
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Front Matter
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Regional Structural Reforms and Engines of Change
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Sustainable Security: Oil, Renewable Energy and Food
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Front Matter
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Sustainable Security: Oil, Renewable Energy and Food
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Regional Risk, Global Competitiveness and Economic Diversification
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Front Matter
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Corporate Governance, Transparency and Private Sector Operating Environment
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Front Matter
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About this book
The ‘Arab Spring’ of 2011 has affected the countries of the region to varying degrees, including the Gulf Cooperation Council (GCC) members, comprising Saudi Arabia, Kuwait, Qatar, the United Arab Emirates, Oman and Bahrain. The GCC has become a significant regional bloc playing a vital economic and political role far beyond its shores, given its geopolitical strategic location, a preponderance of global energy reserves and a major international player through the use of accumulated financial reserves.
A new Gulf is rising, one that is more self assertive, looking to expand its membership to other Arab countries such as Jordan and Morocco, while at the same time strengthening the bloc’s relationship with current and emerging trading and strategic partners in Europe, USA and Asia.
Regional and international realities, especially the uncertainties unleashed by the ‘Arab Spring’, are forcing Gulf leadership to initiate new policies involving closer cooperation amongst GCC countries to address emerging challenges.
This volume brings together thirty renowned academics and specialists to examine a range of multifaceted social, political and economic issues facing the GCC in key areas such as:
· Diversification from a high dependency on a narrow hydrocarbon base
· Social transformation, youth employment and effective gender participation
· Outward and inward foreign direct investment flows
· Prospects for education reforms and e-learning.
· Sustainable security in oil, renewable energy (including nuclear) and food
· Corporate governance, transparency and enhancing the private sector's operating environment
· The role and governance of Gulf Sovereign Wealth Funds in investing their surpluses.
The volume also offers insights for challenges facing the GCC in monetary union, expanding the regional debt market and Sukuk issuance, GCC intellectual property rights application, detailed assessments of individual GCC country risk analysis, as well as the sustainability of long term government fiscal stimulus programs at the expense of private sector involvement.
Editors and Affiliations
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Petroleum & Minerals, Dept. Economics & Finance, King Fahd University of, Dhahran, Saudi Arabia
Mohamed A. Ramady
Bibliographic Information
Book Title: The GCC Economies
Book Subtitle: Stepping Up To Future Challenges
Editors: Mohamed A. Ramady
DOI: https://doi.org/10.1007/978-1-4614-1611-1
Publisher: Springer New York, NY
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer Science+Business Media New York 2012
Hardcover ISBN: 978-1-4614-1610-4Published: 25 April 2012
Softcover ISBN: 978-1-4899-9712-8Published: 08 May 2014
eBook ISBN: 978-1-4614-1611-1Published: 23 April 2012
Edition Number: 1
Number of Pages: XLVIII, 324
Topics: Economic Policy, Energy Policy, Economics and Management