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Evaluating Market Growth Drivers in Middle East Economies
Creating Resilient Investment Structures with Arabian Assets
Comparing Regional Investment Incentives vs Global Markets
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, chapter 1, pages 1-29, Palgrave Macmillan. 2012/271, International Monetary Fund., MIT Press, vol.
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Impact of FDI on Regional Industrial Transformation
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Economic diversity is the process of transitioning an economy far from dependence on a single sector or income to numerous sectors and markets. This type of financial shift is presently underway in the Gulf Cooperation Council (GCC) region, where Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are experiencing quick socio-economic change.
The GCC region is going through a transformative stage focused on financial diversification and sustainable development.
A strong motorist behind economic diversity and green transition plans in the GCC is the well-documented effect of climate change in the area being experienced now and in the future. The World Bank approximates that as much as 100 million individuals in the Middle East, consisting of the GCC, will struggle with water stress by 2025, with parts of the area expected to become uninhabitable by the end of the century due to water scarcity and heats.
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