The Gulf Cooperation Council At Forty

The Gulf Cooperation Council At Forty Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of The Gulf Cooperation Council At Forty book. This book definitely worth reading, it is an incredibly well-written.

The Gulf Cooperation Council at Forty

Author : Tarik M. Yousef,Adel Abdel Ghafar
Publisher : Brookings Institution Press
Page : 312 pages
File Size : 43,7 Mb
Release : 2023-02-22
Category : Political Science
ISBN : 9780815739548

Get Book

The Gulf Cooperation Council at Forty by Tarik M. Yousef,Adel Abdel Ghafar Pdf

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.

Generation in Waiting

Author : Navtej Dhillon,Tarik Yousef
Publisher : Rowman & Littlefield
Page : 287 pages
File Size : 53,7 Mb
Release : 2011-09-01
Category : Social Science
ISBN : 9780815704720

Get Book

Generation in Waiting by Navtej Dhillon,Tarik Yousef Pdf

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).

The European Union and North Africa

Author : Adel Abdel Ghafar
Publisher : Brookings Institution Press
Page : 219 pages
File Size : 42,5 Mb
Release : 2019-04-23
Category : Political Science
ISBN : 9780815736967

Get Book

The European Union and North Africa by Adel Abdel Ghafar Pdf

How Europe can hit the “reset” button after years of failed responses to North African turmoil The ongoing upheaval in North Africa has presented many challenges to Europe, which previously had been comfortable with the status quo of authoritarian leadership in much of the region. Now in its ninth year, the turmoil has forced European leaders to rethink their approaches to the region, based on the now-obvious reality that the brief hopes of early 2011 for the spread of democracy and economic progress will not be fulfilled anytime soon. In this book, experts from Europe, the United States, and the Middle East discuss what has happened since the so-called “Arab Spring” emerged and how those often-bewildering events have affected both North Africa and the European states across the Mediterranean. The book is based on papers presented at a March 2018 conference sponsored by the South Mediterranean Regional Program of the Konrad Adenauer Stiftung. Chapters focus on events in Algeria, Egypt, Libya, Morocco, and Tunisia—and offer ideas for how the European Union can adopt fresh approaches to the region, moving beyond its frequently uncertain and shifting responses of recent years.

Gulf Cooperation Council Countries (GCC)

Author : Samya Beidas-Strom,Tobias N. Rasmussen,David O. Robinson
Publisher : Unknown
Page : 128 pages
File Size : 48,7 Mb
Release : 2011-10-02
Category : Electronic
ISBN : 1484383311

Get Book

Gulf Cooperation Council Countries (GCC) by Samya Beidas-Strom,Tobias N. Rasmussen,David O. Robinson Pdf

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.

Economic Diversification in the GCC

Author : Mr.Tim Callen,Reda Cherif,Fuad Hasanov,Mr.Amgad Hegazy,Padamja Khandelwal
Publisher : International Monetary Fund
Page : 32 pages
File Size : 40,5 Mb
Release : 2014-12-23
Category : Business & Economics
ISBN : 9781498303231

Get Book

Economic Diversification in the GCC by Mr.Tim Callen,Reda Cherif,Fuad Hasanov,Mr.Amgad Hegazy,Padamja Khandelwal Pdf

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.

The Gulf Cooperation Council States

Author : Yousef Khalifa Al-Yousef
Publisher : Saqi Books
Page : 589 pages
File Size : 55,8 Mb
Release : 2017-02-27
Category : Political Science
ISBN : 9780863561528

Get Book

The Gulf Cooperation Council States by Yousef Khalifa Al-Yousef Pdf

Since the oil boom of the 1970s, the Gulf Cooperation Council States have attempted to achieve economic stability and realise their development goals. Such efforts have so far been in vain, however, as these states' autocratic governments have closed off their political systems with the support of international allies, especially the United States. In this timely and exhaustive analysis of the political economies of the GCC since the 1970s to the present, Yousef Khalifa Al-Yousef examines the factors responsible for the failure of the states to achieve lasting change in development and security. Focusing on institutional structures where oil wealth has been confined to the few, and the consequences of failed legitimacy at home that has led to dependence on foreign powers, Al-Yousef charts the consistent disparities between governance and the needs of the local population, to the detriment of genuine development. Al-Yousef concludes that the only way to ensure stability and growth in the region is to dismantle the alliance of autocracy, oil and foreign powers. Instead, democracy and reform are key to ensuring stability in the region.

The Future of Economic Development in the Gulf Cooperation Council States

Author : Weshah Razzak
Publisher : Taylor & Francis
Page : 181 pages
File Size : 51,6 Mb
Release : 2022-07-22
Category : Business & Economics
ISBN : 9781000618518

Get Book

The Future of Economic Development in the Gulf Cooperation Council States by Weshah Razzak Pdf

The Gulf Cooperation Council (GCC) countries own 30 percent of the world’s proven oil reserves and largely depend on oil for their income. Yet the GCC faces serious challenges. The global demand for oil is expected to continue declining, and the average long-run oil price could become lower than its historical average in the future. This book is a research-based, structural macroeconomic analysis, providing evidence-based and future-facing policy recommendations for GCC governments. First, it analyzes historical data to explain the macroeconomic performance and economic policies of the GCC countries from 1970 to 2019. Then it presents ten-year dynamic stochastic projections from 2020 to 2030. The book examines debt sustainability and optimal fiscal policies – i.e., government spending and taxation. It also analyses structural issues, such as savings and productivity, from an institutional perspective, taking into account education, the labor market, and pension funds, as well as other factors that have a close effect on economic performance. The book is comprehensive and thorough, it relies on extensive econometric analyses, including rigorous time series analysis. The author uses both calibration of theoretical models and estimation, facilitating projections for the next decade of key economic variables under different policy scenarios. The book also assesses what the future of the GCC economies will look like if climate change and the COVID-19 pandemic continue to adversely affect oil supply and demand and the price of oil, given their current policies and institutions. As well as scholars and researchers of economics and finance, the book will engage policymakers in central banks, treasury departments, planning councils, research institutes, and think tanks.

Money, Markets, and Monarchies

Author : Adam Hanieh
Publisher : Cambridge University Press
Page : 315 pages
File Size : 46,5 Mb
Release : 2018-09-13
Category : Business & Economics
ISBN : 9781108429146

Get Book

Money, Markets, and Monarchies by Adam Hanieh Pdf

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

Routledge Handbook of Persian Gulf Politics

Author : Mehran Kamrava
Publisher : Routledge
Page : 615 pages
File Size : 55,5 Mb
Release : 2020-05-31
Category : Business & Economics
ISBN : 9780429514081

Get Book

Routledge Handbook of Persian Gulf Politics by Mehran Kamrava Pdf

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.

Bridging the Gulf: EU-GCC Relations at a Crossroads

Author : Silvia Colombo
Publisher : Edizioni Nuova Cultura
Page : 358 pages
File Size : 42,6 Mb
Release : 2014-05-27
Category : Political Science
ISBN : 9788868122843

Get Book

Bridging the Gulf: EU-GCC Relations at a Crossroads by Silvia Colombo Pdf

Relations between the European Union (EU) and the Gulf Cooperation Council (GCC) are at a crossroads. After the derailment of the negotiations for the Free Trade Agreement (FTA) in 2008, the cooperation between the two regional blocs has remained low-key in a number of different areas, while the unprecedented changes that have taken place in North Africa and the Middle East, the common neighbourhood of the EU and the GCC, have not led to a renewed, structured cooperation on foreign and security policy issues. This volume addresses the shortcomings and potential of EU-GCC relations by taking stock of their past evolution and by advancing policy recommendations as to how to revamp this strategic cooperation. In this light, it highlights the areas where greater room for manoeuvre exists in order to enhance EU-GCC relations, discusses the instruments available and sheds light on the features of the regional and international context that are likely to significantly influence the new phase in the mutual relation between the two blocs. The book is the result of the research conducted in the framework of the project ‘Sharaka – Enhancing Understanding and Cooperation in EU-GCC Relations’ co-funded by the European Commission.

Gulf Cooperation Council (GCC) - Economic Prospects and Policy Challenges for the GCC Countries

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 28 pages
File Size : 51,7 Mb
Release : 2013-11-13
Category : Business & Economics
ISBN : 9781498341134

Get Book

Gulf Cooperation Council (GCC) - Economic Prospects and Policy Challenges for the GCC Countries by International Monetary Fund Pdf

The global and regional economic environment remains challenging. Global growth remains tepid, and although some pick-up is expected, risks are tilted to the downside. Recent volatility in financial markets is having a significant impact on some large emerging markets, highlighting the challenges that will be faced in unwinding the Federal Reserve’s quantitative easing policy. Geopolitical uncertainties in the Middle East are also high.

Impact of the Global Financial Crisis on the Gulf Cooperation Council Countries and Challenges Ahead

Author : Ms.May Y Khamis,Mr.Abdelhak S Senhadji
Publisher : International Monetary Fund
Page : 28 pages
File Size : 46,8 Mb
Release : 2010-07-21
Category : Business & Economics
ISBN : 9781589065109

Get Book

Impact of the Global Financial Crisis on the Gulf Cooperation Council Countries and Challenges Ahead by Ms.May Y Khamis,Mr.Abdelhak S Senhadji Pdf

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.

Financial Systems and Labor Markets in the Gulf Cooperation Council Countries

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 60 pages
File Size : 41,7 Mb
Release : 1997-11-11
Category : Business & Economics
ISBN : 1557757127

Get Book

Financial Systems and Labor Markets in the Gulf Cooperation Council Countries by International Monetary Fund Pdf

This volume comprises two separate papers on key structural aspects of the reform process in the Gulf Cooperation Council countries. The first paper addresses issues related to financial intermediation and reform in the context of the evolving economic environment in the GCC countries. The second discusses the labor market challenges and policy issues in the GCC countries and their implications for the Middle East and North Africa (MENA) region.

Monetary Union Among Member Countries of the Gulf Cooperation Council

Author : Mr.Ugo Fasano-Filho,Ms.Andrea Schaechter
Publisher : International Monetary Fund
Page : 80 pages
File Size : 49,7 Mb
Release : 2003-08-29
Category : Business & Economics
ISBN : 1589062191

Get Book

Monetary Union Among Member Countries of the Gulf Cooperation Council by Mr.Ugo Fasano-Filho,Ms.Andrea Schaechter Pdf

The six member countries of the Gulf Cooperation Council (GCC)--Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates--have made important progress toward economic and financial integration, with the aim of establishing an economic and monetary union. This paper provides a detailed analysis of the economic performance and policies of the GCC countries during 1990-2002. Drawing on the lessons from the experience of selected currency and monetary unions in Africa, Europe, and the Caribbean, it assesses the potential costs and benefits of a common currency for GCC countries and also reviews the options for implementing a monetary union among these countries.

Gulf Cooperation Council

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 42 pages
File Size : 46,8 Mb
Release : 2018-12-06
Category : Business & Economics
ISBN : 9781498310307

Get Book

Gulf Cooperation Council by International Monetary Fund Pdf

"Diversification of the GCC economies, supported by greater openness to trade and higher foreign investment, can have a large impact on growth. Such measures can support higher, sustained, and more inclusive growth by improving the allocation of resources across sectors and producers, creating jobs, triggering technology spillovers, promoting knowledge, creating a more competitive business environment, and enhancing productivity. The GCC countries are open to trade, but much less so to foreign direct investment (FDI). GCC foreign trade has been expanding robustly, but FDI inflows have stalled in recent years despite policy efforts taken to reduce administrative barriers and provide incentives to attract FDI. Tariffs are relatively low; however, a number of non-tariff barriers to trade persist and there are substantial restrictions on foreign ownership of businesses and real estate. The growth impact of closing export and FDI gaps could be significant. In most countries, the biggest boost to growth would come from closing the FDI gap—up to one percentage point increase in real non-oil per capita GDP growth. Closing export gaps could provide an additional growth dividend in the range of 0.2-0.5 percentage point. Boosting non-oil exports and attracting more FDI requires a supportive policy environment. Policy priorities are to upgrade human capital, increase productivity and competitiveness, improve the business climate, and reduce remaining barriers to foreign trade and investment. Specifically, continued reforms in the following areas will be important: • Human capital development: continue with investments made to raise educational quality to provide knowledge and skills upgrade. • Labor market reforms: aim to improve productivity and boost competitiveness of the non-oil economy. • Legal frameworks: ensure predictability and protection; efforts should include enhancing minority investor protection and dispute resolution; implementing anti-bribery and integrity measures. • Business climate reforms: focus on further liberalizing foreign ownership regulations and strengthening corporate governance; and on further reducing non-tariff trade barriers by streamlining and automating border procedures and streamlining administrative processes for issuing permits."