Breaking the Oil Spell: The Gulf Falcons' Path to Diversification

April 15, 2016

Preview Citation

Format: Chicago

Reda Cherif, Fuad Hasanov, and Min Zhu. Breaking the Oil Spell: The Gulf Falcons' Path to Diversification, (USA: International Monetary Fund, 2016) accessed September 19, 2024

Summary

The “Gulf Falcons”—the countries of the Gulf Cooperation Council—have high living standards as a result of large income flows from oil. The decline of oil prices between summer 2014 and fall 2015 underscores the urgency for the Gulf Falcons to diversify away from their current heavy reliance on oil exports. This book discusses attempts at diversification in the Middle East and North Africa and the complex choices policymakers face. It brings together the views of academics and policymakers to offer practical advice for future efforts to increase productivity growth.

Subject: Commodities, Economic sectors, Education, Exports, International trade, Labor, Manufacturing, Oil, Production, Productivity, Technology

Keywords: BOOK, Country, East Asia, Economy, Establishment of the CEF, Exports, GCC country, Global, Government failure, IMF's Middle East Center for Economics and Finance, Industry, Lessons Korea, Manufacturing, Middle East, Natural resource boom, North Africa, Oil, Oil exporter, Private sector, Productivity, Southeast Asia, Value chain

Publication Details

Pages:

212
Volume:

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DOI:

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Issue:

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Series:

Books
Stock No:

BOSEA
ISBN:

9781513537863
ISSN:

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