All of the GCC countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates—are undergoing historic socio-economic transitions. They are facing enormous strains on public finances and challenging economic outlooks, due to fluctuating oil prices, demographic pressures, high unemployment rates, and a lack of economic diversification. These countries also are likely to feel the rising impact of climate change, and global policies to deal with it, over the coming decades. In addition, seemingly unstoppable shifts in the long-standing international order, notably the rise of China and uncertainties about U.S. leadership, have potentially serious implications for the Middle East and beyond. This by noted scholars and experts considers the key trends shaping Gulf Cooperation Council (GCC) countries--Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirate-- ranging from the COVID-19 pandemic, to climate change, economic disruptions, demographics and other domestic concerns, and shifts in the global order. The book’s chapters address such questions as: How will global megatrends impact the GCC? How can GCC states adjust and diversify their economies to meet the dual challenges of fluctuating oil prices and climate change? How can these states adjust their labor markets to absorb and support women and youth? How will inter GCC disagreements impact the region moving forward? And how will GCC relations with international actors shift in the coming years? This timely book, with its comprehensive analyses and policy recommendations, will be of interest to a wide range of readers interested in the GCC region, including policymakers, academics, and researchers at think tanks and nongovernmental organizations.
Edited by:
Tarik M. Yousef,
Adel Abdel Ghafar
Imprint: Brookings Institution
Country of Publication: United States
Dimensions:
Height: 225mm,
Width: 151mm,
Spine: 17mm
Weight: 408g
ISBN: 9780815739531
ISBN 10: 0815739532
Pages: 310
Publication Date: 22 February 2023
Audience:
Professional and scholarly
,
Undergraduate
Format: Paperback
Publisher's Status: Active
Acknowledgments 1 Introduction: The GCC In Transition TARIK M. YOUSEF | ADEL ABDEL GHAFAR PART 1: Global Trends And Their Impact On The GCC 2 The Global Economy And The GCC AIDYN BIBOLOV | TIM CALLEN | TIAN ZHANG 3 US Leadership And Gulf Security In A Multipolar World RORY MILLER 4 Changing Patterns Of Global Energy Markets STEVEN WRIGHT 5 An Integrated Approach To Climate Change And Economic Diversification SAMANTHA GROSS 6 Sino-GCC Relations: Past, Present, And Future Trajectories ADEL ABDEL GHAFAR 7 The COVID-19 Pandemic in the Gulf: Impact, Response, and Implications 51 TARIK M. YOUSEF PART 2: Economic Transition 8 GCC Economic Integration in the Aftermath of the Qatar Crisis NADER HABIBI 9 The GCC’s Evolving Financial Markets JEAN-FRANÇOIS SEZNEC 10 Economic Diversification in GCC Countries MARTIN HVIDT 11 The Governance of Fiscal and Economic Policy within the GCC ROBERT P. BESCHEL JR. 12 The Response of Gulf Sovereign Wealth Funds to Fluctuating Oil Prices SARA BAZOOBANDI | THEODOSIA ROSSI 13 Structural Reforms, Fiscal Sustainability, and Intergenerational Wealth as the GCC Transitions to a Post-Oil Future IRFAN ALEEM PART 3: LaborMarkets 14 Labor Market Dynamics and Policy Responses in the Gulf SAMER KHERFI 15 Human Capital Development in the GCC MARVIN ERFURTH | NATASHA RIDGE 16 Women in the Workforce Across the GCC KAREN E. YOUNG 17 Tackling Youth Unemployment in the GCC NADER KABBANI 18 Gulf Labor Migration: Between Structural Constraints and Political Choices IMCO BROUWER 19 Migrant Laborers in the Gulf NOHA ABOUELDAHAB PART 4: State-SocietyRelations 20 The Politics of Economic Reform KRISTIAN COATES ULRICHSEN 21 Revisiting Late Rentierism MATTHEW GRAY 22 Why the GCC’s Economic Diversification Challenges Are Unique STEFFEN HERTOG 23 Gulf Representation and Parliaments in the Face of Austerity Measures COURTNEY FREER 24 The True Jihad: Art and Social Change in Saudi Arabia SEAN FOLEY 25 Sectarianism in the Gulf GENEIVE ABDO PART 5: Geostrategic Concerns 26 A New Chapter for Intraregional Relations? Cohesion, Crises, and Clashes in the GCC YASMINA ABOUZZOHOUR 27 Rivalry for Export: The Gulf Crisis Goes to Africa ZACH VERTIN 28 Is the Iran-Saudi Conflict Resolvable? IBRAHIM FRAIHAT 29 GCC-Arab Relations RAMI GEORGE KHOURI 30 EU-GCC Relations PERLA SROUR-GANDON 31 The Emergence of GCC-Israel Relations Is a Fixture of the New Middle East OMAR H. RAHMAN 32 Conclusion: The GCC Looks to the Future TARIK M. YOUSEF | ADEL ABDEL GHAFAR Contributors Index
Tarik M. Yousef was a nonresident senior fellow in the Foreign Policy program at Brookings, and was director of the Brookings Doha Center. His professional career has spanned the academic world at Georgetown University and the Harvard Kennedy School; the public policy arena at the IMF, the World Bank, and the U.N.; and more recently the NGO space at Silatech. He has served on the advisory boards of development organizations and boards of directors of financial institutions Adel Abdel Ghafar was a nonresident fellow in the Foreign Policy program at Brookings, and was a fellow at the Brookings Doha Center, where he was previously acting director of research. He is also an adjunct professor at Georgetown University’s School of Foreign Service in Qatar. He specializes in political economy and his research interests include state-society relations, socio-economic development and foreign policy in the MENA region.
