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When Can Oil Economies Be Deemed Sustainable?

This 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.

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Detail Information
Series Title
The Political Economy of the Middle East
Call Number
324
Publisher
Palgrave Macmillan Singapore : Palgrave Macmillan Singapore.,
Collation
oer.unej.ac.id
Language
English
ISBN/ISSN
978-981-15-5728-6
Classification
NONE
Content Type
tactile text
Media Type
computer
Carrier Type
online resource
Edition
1
Subject(s)
International Political Economy
African Economics
Middle Eastern and North African Economics
Specific Detail Info
-
Statement of Responsibility
Other Information
Cataloger
-
Source
https://link.springer.com/book/10.1007/978-981-15-5728-6
Validator
Suwardi
Digital Object Identifier (DOI)
https://doi.org/10.1007/978-981-15-5728-6
Journal Volume
-
Journal Issue
-
Subtitle
-
Parallel Title
-
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