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Book Series: Politik und Gesellschaft des Nahen Ostens ISBN: 9783658311605 Year: Pages: 287 DOI: 10.1007/978-3-658-31160-5 Language: English
Publisher: Springer Nature
Subject: Political Science --- Social Sciences
Added to DOAB on : 2020-11-19 00:20:09
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Abstract

This edited volume is an open access title and assembles both the historical consciousness and transformation of the MENA region in various disciplinary and topical facets. At the same time, it aims to go beyond the MENA region, contributing to critical debates on area studies while pointing out transregional and cultural references in a broad and comparative manner.

When Can Oil Economies Be Deemed Sustainable?

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Book Series: The Political Economy of the Middle East ISBN: 9789811557286 Year: Pages: 365 DOI: 10.1007/978-981-15-5728-6 Language: English
Publisher: Springer Nature
Subject: Economics --- Science (General) --- Environmental Sciences --- Agriculture (General) --- Political Science
Added to DOAB on : 2020-10-15 00:04:25
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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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