Resources Blessed
Diversification and the Gulf Development Model
Edited by Giacomo Luciani
The Gulf countries have adopted a unique combination of policies to encourage diversification with largely positive results, while there are significant distinctions between the individual cases. This work evaluates various examples to show the extent to which the Gulf economies have diversified to date, and how results can be measur
The Gulf countries have adopted a unique combination of policies to encourage diversification with largely positive results, while there are significant distinctions between the individual cases. This work evaluates various examples to show the extent to which the Gulf economies have diversifed to date, and how results can be measured, taking into consideration factors such as composition of GDP or exports; government services; and the categorization of industrial activities downstream of resources extraction (oil refining, petrochemicals) and their availability (aluminium, phosphates, iron, steel, glass and other energy- and resource-intensive industries). This work brings together state-of-the-art analysis by international scholars who participated in a major joint initiative by the EU and the GCC, the al-Jisr Gulf-Europe Research Program.
Introduction 1. Conceptual Problems of Measuring Economic Diversification, as Applied to the GCC Economies Jorg Beutel 2. Saudi Arabia's Economic Diversification: Progress in the Context of the GCC and Challenges Ali Aissaoui 3. Domestic Pricing of Energy and industrial Competitiveness Giacomo Luciani 4. Public Industry as Tool of Rentier Economy Diversification: The GCC case Steffen Hertog 5. GCC Industrial Development Hans-Georg Muller 6. GCC Refining and Petrochemicals Sectors in Global Perspective Giacomo Luciani 7. The GCC Aluminum Industry - The Development ofAluminium Production Capacity in the Middle East Halvor Kvande 8. Logistics and Economic Development in the GCC Eckart Woertz 9. The Potential Impact of on EU-GCC FTA: A Benchmarking Exercise Selen Sarisoy Guerin and Consuelo Pacchioli About the Contributors
- Edited by Giacomo Luciani
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