LEADER 03966oam 22005775 450 001 9910420942103321 005 20231205201323.0 010 $a981-15-5728-4 024 7 $a10.1007/978-981-15-5728-6 035 $a(CKB)4100000011479596 035 $a(DE-He213)978-981-15-5728-6 035 $a(MiAaPQ)EBC6362076 035 $a(Au-PeEL)EBL6362076 035 $a(OCoLC)1243533392 035 $a(oapen)https://directory.doabooks.org/handle/20.500.12854/35101 035 $a(PPN)259464449 035 $a(EXLCZ)994100000011479596 100 $a20200930d2021 uy 0 101 0 $aeng 135 $aurnn#008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aWhen can oil economies be deemed sustainable? /$fedited by Giacomo Luciani, Tom Moerenhout 205 $a1st ed. 2021. 210 1$aSingapore :$cSpringer Nature Singapore :$cImprint: Palgrave Macmillan,$d2021. 215 $a1 online resource (xxi, 365 pages) $cillustrations; digital, PDF file(s) 225 1 $aThe Political Economy of the Middle East,$x2522-8862 311 08$aPrint version: 9789811557279 320 $aIncludes bibliographical references. 327 $a1. Framing the economic sustainability of oil economies -- 2. Fiscal sustainability, the labour market, and growth in Saudi Arabia -- 3. Outlook for producer economies -- 4. Economic diversification in Arab oil-exporting countries in the context of peak oil and the energy transition -- 5. Economic Diversification and Sustainable Development of GCC Countries -- 6. Redefining economic sustainability in resource-rich states: Comparative lessons -- 7. Fuel and electricity reform for economic sustainability in the Gulf -- 8. Fiscal sustainability and hydrocarbon endowment per capita in the GCC -- 9. GCC fiscal reforms and labor market policies -- 10. Economic diversification and job creation in the Arab Gulf countries: Applying a value chain perspective -- 11. Climate strategy for producer countries: The case of Saudi Arabia -- 12. The sustainability of GCC development under the new global oil order. 330 $aThis open access book questions the stereotype depicting all Gulf (GCC) economies as not sustainable, and starts a critical discussion of what these economies and polities should do to guarantee themselves a relatively stable future. Volatile international oil markets and the acceleration of the energy transition has challenged the notion that oil revenues are sufficient to sustain oil economies in the near to medium term. But what is the meaning of economic sustainability? The book discusses the multiple dimensions of the concept: economic diversification, continuing value of resources, taxation and fiscal development, labor market sustainability, sustainable income distribution, environmental sustainability, political order (democracy or authoritarianism) and sustainability, regional integration. The overarching message in this book is that we should move on from the simplistic branding of the Gulf economies as unsustainable and tackle the details of which adaptations they might need to undertake. 410 0$aThe Political Economy of the Middle East,$x2522-8862 606 $aEnergy policy$zMiddle East 606 $aNatural resources$zMiddle East 606 $aPetroleum industry and trade$xEnvironmental aspects$zMiddle East 606 $aSustainable development$zMiddle East 607 $aMiddle East$xEconomic conditions 607 $aMiddle East$xPolitics and government 615 0$aEnergy policy 615 0$aNatural resources 615 0$aPetroleum industry and trade$xEnvironmental aspects 615 0$aSustainable development 676 $a338.9 702 $aLuciani$b Giacomo$f1948- 702 $aMoerenhout$b Tom 801 2$bUkMaJRU 906 $aBOOK 912 $a9910420942103321 996 $aWhen can oil economies be deemed sustainable$93601514 997 $aUNINA