Economic Diversification in the GCC:Past, Present, and Future by Tim Callen, Reda Cherif, Fuad Hasanov

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Economic Diversification in the GCC:Past, Present, and Future

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.

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.

Publisher: International Monetary Fund ISBN: 9781498301688 Pages: 32