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Why Industrial Expansion Boosts Middle East Stability for 202652( 15 ), pages 2822-2848, November. Mazaheri Nimah, 2013. "," Organization and Politics, De Gruyter, vol. 15( 3 ), pages 295-321, October. Laura Routley, 2012. "," Global Advancement Institute Working Paper Series esid-003-12, GDI, The University of Manchester. Duckett, Jane, 2001. "," World Development, Elsevier, vol. 29( 1 ), pages 23-37, January. El-Haddad Amirah, 2020. "," Evaluation of Middle East Economics and Financing, De Gruyter, vol.
Why Industrial Expansion Boosts Middle East Stability for 2026Zuzana Brixiova & Balzs gert & Thouraya Hadj Amor Essid, 2013. "," Working Paper Series 991, African Advancement Bank. Ricker-Gilbert, Jacob & Mason, Nicole M. & Darko, Francis & Jayne, Thomas S. & Tembo, Solomon, 2013. "," Food Security Collaborative Working Documents 154938, Michigan State University, Department of Agricultural, Food, and Resource Economics.
"," Urban Studies, Urban Studies Journal Limited, vol. 42( 8 ), pages 1369-1390, July. Nir Kshetri, 2023. "," Financial Innovation, Springer; Southwestern University of Financing and Economics, vol. 9( 1 ), pages 1-38, December. Corneo Giacomo, 2011. "," Evaluation of Middle East Economics and Financing, De Gruyter, vol. 7( 1 ), pages 1-19, May. M Douglass, 1994.
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Economic diversity is the process of transitioning an economy away from reliance on a single sector or income source to multiple sectors and markets. This type of economic shift is currently underway in the Gulf Cooperation Council (GCC) region, where Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are experiencing rapid socio-economic improvement.
The GCC area is going through a transformative phase concentrated on economic diversity and sustainable development. Historically reliant on oil and gas, GCC economies are now making every effort to diversify their earnings sources through ambitious government-led efforts like Saudi Vision 2030 and We the UAE 2031 that shift focus from high-risk, vulnerable and/or high-carbon markets and sectors to economies.
A strong driver behind economic diversity and green shift plans in the GCC is the well-documented impact of climate modification in the region being experienced now and in the future. The World Bank approximates that up to 100 million individuals in the Middle East, consisting of the GCC, will struggle with water tension by 2025, with portions of the area expected to end up being uninhabitable by the end of the century due to water deficiency and heats.
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