The Gulf Cooperation Council at Forty

The Gulf Cooperation Council at Forty
Author: Tarik M. Yousef
Publisher: Brookings Institution Press
Total Pages: 312
Release: 2023-02-22
Genre: Political Science
ISBN: 0815739540

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All of the GCC countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates—are undergoing historic socio-economic transitions. They are facing enormous strains on public finances and challenging economic outlooks, due to fluctuating oil prices, demographic pressures, high unemployment rates, and a lack of economic diversification. These countries also are likely to feel the rising impact of climate change, and global policies to deal with it, over the coming decades. In addition, seemingly unstoppable shifts in the long-standing international order, notably the rise of China and uncertainties about U.S. leadership, have potentially serious implications for the Middle East and beyond. This by noted scholars and experts considers the key trends shaping Gulf Cooperation Council (GCC) countries--Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirate-- ranging from the COVID-19 pandemic, to climate change, economic disruptions, demographics and other domestic concerns, and shifts in the global order. The book’s chapters address such questions as: How will global megatrends impact the GCC? How can GCC states adjust and diversify their economies to meet the dual challenges of fluctuating oil prices and climate change? How can these states adjust their labor markets to absorb and support women and youth? How will inter GCC disagreements impact the region moving forward? And how will GCC relations with international actors shift in the coming years? This timely book, with its comprehensive analyses and policy recommendations, will be of interest to a wide range of readers interested in the GCC region, including policymakers, academics, and researchers at think tanks and nongovernmental organizations.

The Gulf Cooperation Council

The Gulf Cooperation Council
Author: Emile Nakhleh
Publisher: Praeger
Total Pages: 160
Release: 1986-06-06
Genre: Education
ISBN:

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In May 1981 Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates, and Oman established the Gulf Cooperation Council (GCC) to facilitate cooperation, settle disputes, and strengthen security. This is the first English-language book to describe the GCC and assess its impact on the security and stability of the Gulf. It addresses four specific aspects of the GCC: a description of the basic charter and the United Economic Agreement; its structure and the policy of summitry; its achievements and the challenges before it; and the official, popular, and reformist views of its proper role.

Economic Diversification in the GCC

Economic Diversification in the GCC
Author: Mr.Tim Callen
Publisher: International Monetary Fund
Total Pages: 32
Release: 2014-12-23
Genre: Business & Economics
ISBN: 1498303234

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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.

Generation in Waiting

Generation in Waiting
Author: Navtej Dhillon
Publisher: Rowman & Littlefield
Total Pages: 287
Release: 2011-09-01
Genre: Social Science
ISBN: 0815704720

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Young people in the Middle East (15–29 years old) constitute about one-third of the region's population. Growth rates for this age group trail only sub-Saharan Africa. This presents the region with an historic opportunity to build a lasting foundation for prosperity by harnessing the full potential of its young population. Yet young people in the Middle East face severe economic and social exclusion due to substandard education, high unemployment, and poverty. Thus the inclusion of youth is the most critical development challenge facing the Middle East today. A Generation in Waiting portrays the plight of young people, urging greater investment designed to improve the lives of this critical group. It brings together perspectives from the Maghreb to the Levant. Each chapter addresses the complex challenges facing young people in many areas of their lives: access to decent education, opportunities for quality employment, availability of housing and credit, and transitioning to marriage and family formation. This volume presents policy implications and sets an agenda for economic development, creating a more hopeful future for this and future generations in the Middle East. Selected contributors include Ragui Assaad (University of Minnesota), Brahim Boudarbat (University of Montreal), Jad Chaaban (American University in Beirut), Nader Kabbani (Syria Trust for Development), Taher Kanaan (Jordan Center for Public Policy Research and Dialogue), Djavad Salehi-Isfahani (Wolfensohn Center for Development and Virginia Tech), and Edward Sayre (University of Southern Mississippi).

Gulf Cooperation Council Countries (GCC)

Gulf Cooperation Council Countries (GCC)
Author: Samya Beidas-Strom
Publisher:
Total Pages:
Release: 2011-10-02
Genre:
ISBN: 9781484383315

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Departmental papers are usually focused on a specific economic topic, country, or region. They are prepared in a timely way to support the outreach needs of the IMF’s area and functional departments.

Money, Markets, and Monarchies

Money, Markets, and Monarchies
Author: Adam Hanieh
Publisher: Cambridge University Press
Total Pages: 315
Release: 2018-09-13
Genre: Business & Economics
ISBN: 1108429149

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An original and empirically grounded analysis of the Gulf monarchies and their role in shaping the political economy of the Middle East.

Arab Gulf Cooperation Council (GCC)

Arab Gulf Cooperation Council (GCC)
Author: Gulf Cooperation Council
Publisher:
Total Pages: 175
Release: 1998
Genre: Persian Gulf Region
ISBN: 9781900724258

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Modern development and traditional aspects of the GCC countries-Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and U.A.E.

Routledge Handbook of Persian Gulf Politics

Routledge Handbook of Persian Gulf Politics
Author: Mehran Kamrava
Publisher: Routledge
Total Pages: 615
Release: 2020-05-31
Genre: Business & Economics
ISBN: 0429514085

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The Routledge Handbook of Persian Gulf Politics provides a comprehensive and up-to-date analysis of Persian Gulf politics, history, economics, and society. The volume begins its examination of Ottoman rule in the Arabian Peninsula, exploring other dimensions of the region’s history up until and after independence in the 1960s and 1970s. Featuring scholars from a range of disciplines, the book demonstrates how the Persian Gulf’s current, complex politics is a product of interwoven dynamics rooted in historical developments and memories, profound social, cultural, and economic changes underway since the 1980s and the 1990s, and inter-state and international relations among both regional actors and between them and the rest of the world. The book comprises a total of 36 individual chapters divided into the following six sections: Historical Context Society and Culture Economic Development Domestic Politics Regional Security Dynamics The Persian Gulf and the World Examining the Persian Gulf’s increasing importance in regional politics, diplomacy, economics, and security issues, the volume is a valuable resource for scholars, students, and policy makers interested in political science, history, Gulf studies, and the Middle East.

The Gulf Region

The Gulf Region
Author: Steffen Herzog
Publisher:
Total Pages: 1136
Release: 2012
Genre:
ISBN: 9783940924049

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U.S.-GCC Relations

U.S.-GCC Relations
Author: American Businessmen's Groups of the Gulf Cooperation Council Countries
Publisher:
Total Pages: 18
Release: 1989
Genre: Corporations, American
ISBN:

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