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 ene...

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Detalles Bibliográficos
Otros Autores: Luciani, Giacomo, 1948- editor (editor), Moerenhout, Tom. editor
Formato: Libro electrónico
Idioma:Inglés
Publicado: Singapore : Springer Nature Singapore 2021.
Edición:1st ed. 2021.
Colección:The Political Economy of the Middle East,
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009439196206719
Descripción
Sumario: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.
Descripción Física:1 online resource (xxi, 365 pages) : illustrations; digital, PDF file(s)
Also available in print form
Bibliografía:Includes bibliographical references.
ISBN:9789811557286
Acceso:Open Access