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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collection Directory of Open Access Books
description 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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spelling doab-20.500.12854ir-351012025-03-13T02:17:25Z When Can Oil Economies Be Deemed Sustainable? Luciani, Giacomo Moerenhout, Tom International Political Economy Sustainable Development Natural Resource and Energy Economics Energy Policy, Economics and Management Middle Eastern Politics Middle Eastern and North African Economics International Relations Environmental Social Sciences Environmental Economics Economy-wide Country Studies Open Access Sustainability of GCC Development New Global Oil Order Economic sustainability in resource-rich states Gulf Economic Diversification and Sustainable Development Political Economy of Diversification Economic Transformation vs. Diversification Oil and Economic Diversification Fiscal dimensions of Economic Sustainability Labour Market dimensions of Economic Sustainability Hydrocarbon Endowment in the Gulf Region Normalizing the Saudi Economy Inclusive Growth in the Gulf Region Saudi Private Sector’s Contribution to Fiscal Sustainability Economic Sustainability and the Energy Transition Economic Diversification in the MENA Peak Oil and the Energy Transition in the MENA Economic Diversification Through Energy Sector Reform Energy Pricing Reform in the Gulf Region Climate Strategy for Producer Countries Political economy Sustainability Environmental economics Energy technology & engineering Energy industries & utilities Politics & government Middle East Economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy thema EDItEUR::R Earth Sciences, Geography, Environment, Planning::RN The environment::RNU Sustainability thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics thema EDItEUR::T Technology, Engineering, Agriculture, Industrial processes::TH Energy technology and engineering thema EDItEUR::J Society and Social Sciences::JP Politics and government thema EDItEUR::K Economics, Finance, Business and Management::KC Economics 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. 2020-10-13T12:30:05Z 2021 book ONIX_20201013_9789811557286_44 OCN: 1202847431 https://library.oapen.org/handle/20.500.12657/42572 https://directory.doabooks.org/handle/20.500.12854/35101 eng The Political Economy of the Middle East open access image/jpeg image/jpeg image/jpeg image/jpeg n/a n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/42572/1/2021_Book_WhenCanOilEconomiesBeDeemedSus.pdf https://library.oapen.org/bitstream/20.500.12657/42572/1/2021_Book_WhenCanOilEconomiesBeDeemedSus.pdf https://library.oapen.org/bitstream/20.500.12657/42572/1/2021_Book_WhenCanOilEconomiesBeDeemedSus.pdf https://library.oapen.org/bitstream/20.500.12657/42572/1/2021_Book_WhenCanOilEconomiesBeDeemedSus.pdf Springer Nature Palgrave Macmillan 10.1007/978-981-15-5728-6 10.1007/978-981-15-5728-6 9fa3421d-f917-4153-b9ab-fc337c396b5a Schweizerischer Nationalfonds zur Förderung der Wissenschaftlichen Forschung Swiss National Science Foundation (SNF) Palgrave Macmillan 365 open access
spellingShingle International Political Economy
Sustainable Development
Natural Resource and Energy Economics
Energy Policy, Economics and Management
Middle Eastern Politics
Middle Eastern and North African Economics
International Relations
Environmental Social Sciences
Environmental Economics
Economy-wide Country Studies
Open Access
Sustainability of GCC Development
New Global Oil Order
Economic sustainability in resource-rich states
Gulf Economic Diversification and Sustainable Development
Political Economy of Diversification
Economic Transformation vs. Diversification
Oil and Economic Diversification
Fiscal dimensions of Economic Sustainability
Labour Market dimensions of Economic Sustainability
Hydrocarbon Endowment in the Gulf Region
Normalizing the Saudi Economy
Inclusive Growth in the Gulf Region
Saudi Private Sector’s Contribution to Fiscal Sustainability
Economic Sustainability and the Energy Transition
Economic Diversification in the MENA
Peak Oil and the Energy Transition in the MENA
Economic Diversification Through Energy Sector Reform
Energy Pricing Reform in the Gulf Region
Climate Strategy for Producer Countries
Political economy
Sustainability
Environmental economics
Energy technology & engineering
Energy industries & utilities
Politics & government
Middle East
Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::R Earth Sciences, Geography, Environment, Planning::RN The environment::RNU Sustainability
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics
thema EDItEUR::T Technology, Engineering, Agriculture, Industrial processes::TH Energy technology and engineering
thema EDItEUR::J Society and Social Sciences::JP Politics and government
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
When Can Oil Economies Be Deemed Sustainable?
title When Can Oil Economies Be Deemed Sustainable?
title_full When Can Oil Economies Be Deemed Sustainable?
title_fullStr When Can Oil Economies Be Deemed Sustainable?
title_full_unstemmed When Can Oil Economies Be Deemed Sustainable?
title_short When Can Oil Economies Be Deemed Sustainable?
title_sort when can oil economies be deemed sustainable
topic International Political Economy
Sustainable Development
Natural Resource and Energy Economics
Energy Policy, Economics and Management
Middle Eastern Politics
Middle Eastern and North African Economics
International Relations
Environmental Social Sciences
Environmental Economics
Economy-wide Country Studies
Open Access
Sustainability of GCC Development
New Global Oil Order
Economic sustainability in resource-rich states
Gulf Economic Diversification and Sustainable Development
Political Economy of Diversification
Economic Transformation vs. Diversification
Oil and Economic Diversification
Fiscal dimensions of Economic Sustainability
Labour Market dimensions of Economic Sustainability
Hydrocarbon Endowment in the Gulf Region
Normalizing the Saudi Economy
Inclusive Growth in the Gulf Region
Saudi Private Sector’s Contribution to Fiscal Sustainability
Economic Sustainability and the Energy Transition
Economic Diversification in the MENA
Peak Oil and the Energy Transition in the MENA
Economic Diversification Through Energy Sector Reform
Energy Pricing Reform in the Gulf Region
Climate Strategy for Producer Countries
Political economy
Sustainability
Environmental economics
Energy technology & engineering
Energy industries & utilities
Politics & government
Middle East
Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::R Earth Sciences, Geography, Environment, Planning::RN The environment::RNU Sustainability
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics
thema EDItEUR::T Technology, Engineering, Agriculture, Industrial processes::TH Energy technology and engineering
thema EDItEUR::J Society and Social Sciences::JP Politics and government
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
topic_facet International Political Economy
Sustainable Development
Natural Resource and Energy Economics
Energy Policy, Economics and Management
Middle Eastern Politics
Middle Eastern and North African Economics
International Relations
Environmental Social Sciences
Environmental Economics
Economy-wide Country Studies
Open Access
Sustainability of GCC Development
New Global Oil Order
Economic sustainability in resource-rich states
Gulf Economic Diversification and Sustainable Development
Political Economy of Diversification
Economic Transformation vs. Diversification
Oil and Economic Diversification
Fiscal dimensions of Economic Sustainability
Labour Market dimensions of Economic Sustainability
Hydrocarbon Endowment in the Gulf Region
Normalizing the Saudi Economy
Inclusive Growth in the Gulf Region
Saudi Private Sector’s Contribution to Fiscal Sustainability
Economic Sustainability and the Energy Transition
Economic Diversification in the MENA
Peak Oil and the Energy Transition in the MENA
Economic Diversification Through Energy Sector Reform
Energy Pricing Reform in the Gulf Region
Climate Strategy for Producer Countries
Political economy
Sustainability
Environmental economics
Energy technology & engineering
Energy industries & utilities
Politics & government
Middle East
Economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCP Political economy
thema EDItEUR::R Earth Sciences, Geography, Environment, Planning::RN The environment::RNU Sustainability
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics
thema EDItEUR::T Technology, Engineering, Agriculture, Industrial processes::TH Energy technology and engineering
thema EDItEUR::J Society and Social Sciences::JP Politics and government
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics
url ONIX_20201013_9789811557286_44