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Author: Rodney Wilson
Publisher: Emirates Center for Strategic Studies and Research
ISBN:
Category : Antiques & Collectibles
Languages : fr
Pages : 9
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Book Description
Trade diplomacy has been much neglected in the Gulf. Yet, with power being increasingly a matter of economic muscle as well as military strength, and following the globalization of economic activity, new responses are needed from the GCC states. Wilson examines the changing trade patterns of the GCC, including export and import trends, the development of entrepôt trade and trade in commercial services. Trade between the GCC states is analyzed, and issues of Arab regional integration are considered. The GCC's commercial relations with Asia are discussed, as well as the stalled dialogue with the European Union. Finally, trade prospects are reviewed. Although there has been some successful export diversification, the GCC countries have not yet developed a trade strategy or used their considerable bargaining power effectively outside the OPEC arena.
Author: Rodney Wilson
Publisher: Emirates Center for Strategic Studies and Research
ISBN:
Category : Antiques & Collectibles
Languages : fr
Pages : 9
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Book Description
Trade diplomacy has been much neglected in the Gulf. Yet, with power being increasingly a matter of economic muscle as well as military strength, and following the globalization of economic activity, new responses are needed from the GCC states. Wilson examines the changing trade patterns of the GCC, including export and import trends, the development of entrepôt trade and trade in commercial services. Trade between the GCC states is analyzed, and issues of Arab regional integration are considered. The GCC's commercial relations with Asia are discussed, as well as the stalled dialogue with the European Union. Finally, trade prospects are reviewed. Although there has been some successful export diversification, the GCC countries have not yet developed a trade strategy or used their considerable bargaining power effectively outside the OPEC arena.
Author: Rodney Wilson
Publisher:
ISBN:
Category : Arabian Peninsula
Languages : en
Pages : 60
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Book Description
Author: AA.VV.
Publisher: EDUCatt - Ente per il diritto allo studio universitario dell'Università Cattolica
ISBN: 8867802976
Category : Political Science
Languages : en
Pages : 130
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Book Description
Author: Mr.Tim Callen
Publisher: International Monetary Fund
ISBN: 1498303234
Category : Business & Economics
Languages : en
Pages : 32
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Book Description
Abstract: The economies of the six Gulf Cooperation Council (GCC) countries are heavily reliant on oil. Greater economic diversification would reduce their exposure to volatility and uncertainty in the global oil market, help create jobs in the private sector, increase productivity and sustainable growth, and help create the non-oil economy that will be needed in the future when oil revenues start to dwindle. The GCC countries have followed many of the standard policies that are usually thought to promote more diversified economies, including reforms to improve the business climate, the development of domestic infrastructure, financial deepening, and improvements in education. Nevertheless, success to date has been limited. This paper argues that increased diversification will require realigning incentives for firms and workers in the economies—fixing these incentives is the “missing link” in the GCC countries’ diversification strategies. At present, producing non-tradables is less risky and more profitable for firms as they can benefit from the easy availability of low-wage foreign labor and the rapid growth in government spending, while the continued availability of high-paying and secure public sector jobs discourages nationals from pursuing entrepreneurship and private sector employment. Measures to begin to address these incentive issues could include limiting and reorienting government spending, strengthening private sector competition, providing guarantees and financial support for those firms engaged in export activity, and implementing labor market reforms to make nationals more competitive for private sector employment.
Author: The Emirates Center for Strategic Studies and Research
Publisher: Emirates Center for Strategic Studies and Research
ISBN:
Category : Antiques & Collectibles
Languages : en
Pages : 28
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Book Description
The papers contained in this volume were among those presented at ECSSR's Third Annual Energy Conference, entitled "Privatization and Deregulation in the Gulf Energy Sector," held in Abu Dhabi, October 25-26, 1997. This conference united leading practitioners and scholars in an effort to explore the important micro and macro issues related to the privatization and deregulation of energy sector. Topics related to oil production and refining, gas and electricity production, and their transmission and distribution were discussed. This volume assesses the arguments for and against deregulation of the energy sector and highlights the political, legal, institutional, and resource requirements for successful implementation of a privatization program, drawing on international experience. Indeed, privatization is spreading globally after its small and uncertain beginnings in Britain in the early 1980s. Today, states of the Gulf Co-Operation Council (GCC) are actively examining the possibility of privatizing a number of key industries and infrastructure projects. The ideal route to prosperous and effective privatization programs is for the GCC states to learn from the mistakes of other countries in this field, while emulating the success stories.
Author: Silvia Colombo
Publisher: Edizioni Nuova Cultura
ISBN: 8868122847
Category : Political Science
Languages : en
Pages : 358
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Book Description
Relations between the European Union (EU) and the Gulf Cooperation Council (GCC) are at a crossroads. After the derailment of the negotiations for the Free Trade Agreement (FTA) in 2008, the cooperation between the two regional blocs has remained low-key in a number of different areas, while the unprecedented changes that have taken place in North Africa and the Middle East, the common neighbourhood of the EU and the GCC, have not led to a renewed, structured cooperation on foreign and security policy issues. This volume addresses the shortcomings and potential of EU-GCC relations by taking stock of their past evolution and by advancing policy recommendations as to how to revamp this strategic cooperation. In this light, it highlights the areas where greater room for manoeuvre exists in order to enhance EU-GCC relations, discusses the instruments available and sheds light on the features of the regional and international context that are likely to significantly influence the new phase in the mutual relation between the two blocs. The book is the result of the research conducted in the framework of the project ‘Sharaka – Enhancing Understanding and Cooperation in EU-GCC Relations’ co-funded by the European Commission.
Author: Mr.Tobias Adrian
Publisher: International Monetary Fund
ISBN: 1513520741
Category : Business & Economics
Languages : en
Pages : 73
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Book Description
This paper explains specifics of stress testing at the IMF. After a brief section on the evolution of stress tests at the IMF, the paper presents the key steps of an IMF staff stress test. They are followed by a discussion on how IMF staff uses stress tests results for policy advice. The paper concludes by identifying remaining challenges to make stress tests more useful for the monitoring of financial stability and an overview of IMF staff work program in that direction. Stress tests help assess the resilience of financial systems in IMF member countries and underpin policy advice to preserve or restore financial stability. This assessment and advice are mainly provided through the Financial Sector Assessment Program (FSAP). IMF staff also provide technical assistance in stress testing to many its member countries. An IMF macroprudential stress test is a methodology to assess financial vulnerabilities that can trigger systemic risk and the need of systemwide mitigating measures. The definition of systemic risk as used by the IMF is relevant to understanding the role of its stress tests as tools for financial surveillance and the IMF’s current work program. IMF stress tests primarily apply to depository intermediaries, and, systemically important banks.
Author: Emirates Center for Strategic Studies & Research
Publisher:
ISBN:
Category :
Languages : en
Pages : 346
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Book Description
Author: P.R. Kumaraswamy
Publisher: Emirates Center for Strategic Studies and Research
ISBN:
Category : Antiques & Collectibles
Languages : en
Pages : 11
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Book Description
The treatment of Arab minorities has been a controversial and contentious issue in Israel. Both during the pre-state era and in its aftermath, the Arabs in Israel were seen primarily as a 'problem' to be tackled and a 'security threat' to be contained. The Arab population in erstwhile Palestine overnight lost its majority status and involuntarily acquired the citizenship of the Jewish state. They suddenly became an ethnic, national, linguistic, religious and cultural minority in a pre-dominantly Jewish state. The emergence of Israel in truncated Palestine was accompanied by political, social and psychological hardships for the Arabs. Was there a systematic policy of discrimination vis-à-vis the Arabs? The first section of this paper discusses the electoral system within which the Arab population operates. Because of the non-constituency nature of the elections, it is possible for a scattered electorate committed to a single political, social or economic agenda to send a representative to the Knesset. The newly introduced direct election of the prime minister has further enhanced the importance of the Arab electorate. The second section discusses the politicization of the Arab sector and the relative importance and performance of the Arab electorate in Israeli elections. The third section focuses on the process of legitimization of the Arab electorates and Arab-oriented parties under the Rabin-led Labor government. Following the 1992 elections, the Arabs emerged as a legitimate force in Israeli politics. For the first time, the Israeli government was willing to acknowledge the inequality between Jewish and non-Jewish citizens, and committed to seeking a remedy. The last section analyzes the role of the Arab voters in the closely contested 1996 elections, especially for the post of Prime Minister and represents a tentative projection for the future.
Author: Mohamed A Ramady
Publisher: Springer Science & Business Media
ISBN: 0387249354
Category : Business & Economics
Languages : en
Pages : 501
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Book Description
In this unique text, Mohamed Ramady develops a framework for studying fundamental challenges to the modern Saudi Arabian economy. Public and private sector topics include: - The hydrocarbon and minerals sector, including a new model of mining privatization and cooperation - The impact of small and medium sized businesses - The evolving role of "family" businesses - The growing role of women in the Saudi economy - Shifting trade patterns - The Saudi "offset" technology transfer program The author offers an analysis of key challenges facing the Saudi economy, including the potential costs and benefits of privatization, globalization, and eventual membership in the WTO. Employment, education, economic and social stability, and Saudi Arabia’s place in the Gulf Cooperation Council are offered as keys to the consensus building needed to ensure the Kingdom’s healthy economic future. Mohamed Ramady teaches in the Department of Finance and Economics, King Fahd University of Petroleum and Minerals.