Economic Development in the Gulf Cooperation Council Countries is popular PDF and ePub book, written by Héla Miniaoui in 2020-10-26, it is a fantastic choice for those who relish reading online the Political Science genre. Let's immerse ourselves in this engaging Political Science book by exploring the summary and details provided below. Remember, Economic Development in the Gulf Cooperation Council Countries can be Read Online from any device for your convenience.
Economic Development in the Gulf Cooperation Council Countries Book PDF Summary
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.
Detail Book of Economic Development in the Gulf Cooperation Council Countries PDF
- Author : Héla Miniaoui
- Release : 26 October 2020
- Publisher : Springer Nature
- ISBN : 9789811560583
- Genre : Political Science
- Total Page : 217 pages
- Language : English
- PDF File Size : 11,6 Mb
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