Economic Diversification in the Gulf Region, Volume II Comparing Glo
This volume explores the challenges to diversification in Gulf countries, which can no longer rely on profits from hydrocarbons to fund national expenditures. It elaborates on the problem of weak institutions, lack of coordination between policy makers an
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Economic Diversification in the Gulf Region Comparing Global Challenges
Edited by
Ashraf Mishrif & Yousuf Al Balushi
The Political Economy of the Middle East Series editors Rory Miller School of Foreign Service Georgetown University Doha, Qatar Ashraf Mishrif Institute of Middle Eastern Studies King’s College London, UK
This series explores the nature of Middle Eastern political regimes and their approaches to economic development. In light of the region’s distinctive political, social and economic structures and the dramatic changes that took place in the wake of the Arab spring, this series puts forward a critical body of high-quality, research-based scholarship that reflects current political and economic transitions across the Middle East. It offers original research and new insights on the causes and consequences of the Arab uprisings; economic reforms and liberalization; political institutions and governance; regional and sub-regional integration arrangements; foreign trade and investment; political economy of energy, water and food security; finance and Islamic finance; and the politics of welfare, labor market and human development. Other themes of interest include the role of the private sector in economic development, economic diversification, entrepreneurship and innovation; state-business relationships; and the capacity of regimes and public institutions to lead the development process. More information about this series at http://www.palgrave.com/gp/series/14415
Ashraf Mishrif • Yousuf Al Balushi Editors
Economic Diversification in the Gulf Region, Volume II Comparing Global Challenges
Editors Ashraf Mishrif Institute of Middle Eastern Studies King’s College London, London United Kingdom
Yousuf Al Balushi Supreme Council for Planning Muscat, Oman
The Political Economy of the Middle East ISBN 978-981-10-5785-4 ISBN 978-981-10-5786-1 (eBook) DOI 10.1007/978-981-10-5786-1 Library of Congress Control Number: 2017951402 © Gulf Research Centre Cambridge 2018 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the ma
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