Download or read book Economic Diversification in the GCC written by Mr.Tim Callen and published by International Monetary Fund. This book was released on 2014-12-23 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Download or read book Comparative Studies on Regional and National Economic Development written by Hui Zhang and published by Springer Nature. This book was released on 2023-05-11 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is devoted to quantify the role of the world's major economies in the international division from the perspective of global value chains and clarify the value cycle system between China and developed and developing economies. This book establishes a theoretical paradigm that conforms to the current world economic structure. That is, the world economic structure gradually shifts from a single-cycle model centered on developed countries to a more complex dual-circulation model. Furthermore, based on the analysis of the current world economic situation, it also analyzes the interaction between trade and investment and the synergistic effect of the Corridors under the Belt and Road Initiative. The first part of the book brings a better understanding of mutual relationships between trade and investment under the Belt and Road Initiative and broadens the research fields of relevant studies. Additionally, comprehensive and specific country research is particularly conducted in this book. By analyzing the economic indicators, reviewing social history and social-economic development, covering various countries along the Belt and Road, it provides deep exploration of the fields and approaches of the most potential cooperation under the purpose of "Peace, Development, Cooperation and Win-Win." Therefore, this part draws a broad map of economic and cultures in order to provide a reference and assistance for promoting the Belt and Road Initiative. Fulfilling this vision, this book hopes to deepen the understanding of economic development of each relevant economy to encourage the participation of economies in regional connectivity.
Download or read book The Economy of Dubai written by Abdulrazak Al Faris and published by Oxford University Press. This book was released on 2016 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive economic and historical account of the evolution of the economy of Dubai since the foundation of the United Arab Emirates in 1971. It covers a wide range of topics, from macroeconomic policy to labour markets and social policies, and focuses on the roles played by government policies and private sector initiatives.
Download or read book Basic Data on the Economy of the United Arab Emirates written by and published by . This book was released on 1973 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Economic Prospects June 2020 written by World Bank Group and published by World Bank Publications. This book was released on 2020-07-07 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic has, with alarming speed, dealt a heavy blow to an already-weak global economy, which is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The global recession would be deeper if countries take longer to bring the pandemic under control, if financial stress triggers defaults, or if there are protracted effects on households and firms. Economic disruptions are likely to be more severe and protracted in emerging market and developing economies with larger domestic outbreaks and weaker medical care systems; greater exposure to international spillovers through trade, tourism, and commodity and financial markets; weaker macroeconomic frameworks; and more pervasive informality and poverty. Beyond the current steep economic contraction, the pandemic is likely to leave lasting scars on the global economy by undermining consumer and investor confidence, human capital, and global value chains. Being mostly a reflection of the recent plunge in global energy demand, low oil prices are unlikely to provide much of a boost to global growth in the near term. While policymakers' immediate priorities are to address the health crisis and moderate the short-term economic losses, the likely long-term consequences of the pandemic highlight the need to forcefully undertake comprehensive reform programs to improve the fundamental drivers of economic growth, once the crisis abates. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.
Download or read book Handbook on Constructing Composite Indicators Methodology and User Guide written by OECD and published by OECD Publishing. This book was released on 2008-08-22 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide for constructing and using composite indicators for policy makers, academics, the media and other interested parties. In particular, this handbook is concerned with indicators which compare and rank country performance.
Download or read book The Report Abu Dhabi 2014 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2014-03-25 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the emirate’s economic growth can be primarily attributed to its vast hydrocarbons resources, it has also made progress diversifying into new sectors such as manufacturing, tourism, aerospace, defence, finance and logistics. In addition to its economic investments, Abu Dhabi has also made major contributions to social welfare as well as infrastructure, which has been identified as the bedrock for future growth. The government has played a key role in the expansion of the security, aerospace and defence industry over the past decade in an effort to strengthen the UAE’s defence capabilities and as a means of boosting economic diversification. Despite challenges such as a high level of regional competition, most local defence and aviation firms expect to see continued expansion for years to come. The evidence suggests that the emirate has succeeded in nurturing new economic sectors and is on track to meet its goals. The oil and gas sector accounted for 56.5% of Abu Dhabi’s GDP at current prices in 2012, followed by construction (9.6%), manufacturing (5.9%) and real estate (4.4%).
Download or read book The Growth Report written by Commission on Growth and Development and published by World Bank Publications. This book was released on 2008-07-23 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.
Download or read book Bahrain Oman Qatar And The Uae written by Anthony H Cordesman and published by Routledge. This book was released on 2018-02-20 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the changing economic and internal security challenges faced by the Gulf countries and the problems they face with Iran, Iraq, and other Gulf states. The special military and security needs of Bahrain, Oman, Qatar, and the United Arab Emirates are analyzed here in detail, as are their growing demographic problems and export plans.
Download or read book building towers cheating workers written by Hadi Ghaemi and published by Human Rights Watch. This book was released on 2006 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recommendations -- Methodology -- Migrant construction workers in the United Arab Emirates -- Exploitation of migrant construction workers -- UAE labor law -- Workers' human rights and government obligations under international law -- Acknowledgments -- Appendix 1. Human Rights Watch letter to UAE Minister of Labor -- Appendix 2. UAE government response to Human Rights Watch's letter.
Download or read book When Can Oil Economies Be Deemed Sustainable written by Giacomo Luciani and published by Springer Nature. This book was released on 2020-09-30 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Report Dubai 2013 written by and published by Oxford Business Group. This book was released on 2013 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book United Arab Emirates written by Ibrahim Abed and published by Trident Press Ltd. This book was released on 2001 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative and wide-ranging book uncovering the rich heritage of the United Arab Emirates, its political renaissance and its modern transformation into one of the most developed nations in the world.
Download or read book UAE 2022 written by and published by The Business Year. This book was released on with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication sets out to shine a spotlight on the sustainability agenda, examining topics including the blue economy, hydrocarbons, green energy, transformative technology, and more. It features interviews with dozens of public- and private-sector leaders and is a key handbook for anyone looking to invest in the UAE.
Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
Download or read book Socio Economic Development Concepts Methodologies Tools and Applications written by Management Association, Information Resources and published by IGI Global. This book was released on 2018-11-02 with total page 1732 pages. Available in PDF, EPUB and Kindle. Book excerpt: The social and economic systems of any country are influenced by a range of factors including income and education. As such, it is vital to examine how these factors are creating opportunities to improve both the economy and the lives of people within these countries. Socio-Economic Development: Concepts, Methodologies, Tools, and Applications provides a critical look at the process of social and economic transformation based on environmental and cultural factors including income, skills development, employment, and education. Highlighting a range of topics such as economics, social change, and e-governance, this multi-volume book is designed for policymakers, practitioners, city-development planners, academicians, government officials, and graduate-level students interested in emerging perspectives on socio-economic development.
