1.

Record Nr.

UNINA9910300512003321

Titolo

Economic Diversification in the Gulf Region, Volume II : Comparing Global Challenges / / edited by Ashraf Mishrif, Yousuf Al Balushi

Pubbl/distr/stampa

Singapore : , : Springer Nature Singapore : , : Imprint : Palgrave Macmillan, , 2018

ISBN

9789811057861

9811057869

Edizione

[1st ed. 2018.]

Descrizione fisica

1 online resource (XVII, 266 p. 26 illus. in color.)

Collana

The Political Economy of the Middle East, , 2522-8862

Disciplina

338.956

Soggetti

International economic relations

Middle East - Economic conditions

Africa, North - Economic conditions

Development economics

Regionalism

International Political Economy'

Middle Eastern/North African Economics

Development Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references at the end of each chapters and index.

Nota di contenuto

1: Challenges of Economic Diversification in the GCC Countries -- 2: Natural Resources and Economic Diversification: Evidence from the GCC Countries -- 3: Oil Resources and Diversification in a Small Open Economy: The Case of Oman -- 4: Policy Implications of the UAE's Economic Diversification Strategy: Prioritizing National Objectives -- 5: Dubai's Model of Economic Diversification -- 6: Diversification and Specialisation in the Gulf's Digitized Creative Sectors -- 7: Success factors of Saudi-German Joint Ventures: A Meta-Analytical Approach -- 8: GCC Countries' Diversification and Industrial Development: Looking beyond the Asian Model -- 9: Economic Diversification in the GCC and the Korean Experience -- 10: Economic Diversification and Empowerment of Local Human Resources: Could Singapore be a Model for the GCC Countries?.



Sommario/riassunto

This volume explores the challenges to diversification in Gulf countries, which can no longer rely on profits from hydrocarbons to fund national expenditures. It elaborates on the problem of weak institutions, lack of coordination between policy makers and executors, limited investment in research and development, and a workforce that is too poorly skilled to compete in the private sector. In addition to analyzing issues in areas such as education, labor, business, and trade, the contributors underscore the importance of using global best practices to overcome fundamental weaknesses in the Gulf Cooperative Council's economic structure that limit opportunities for economic diversification. This is the second volume in Economic Diversification in the Gulf Region.