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This title provides original insights into the functioning of the GCC macro-economy. It covers structural, long-term, issues such as the determinants of economic growth, the impact of foreign workers on labour markets, wages, and competitiveness and the economic impact of a rich state that wants to distribute oil money.
This book investigates the structural macroeconomic dynamics and long-term economic determinants specific to the Gulf Cooperation Council (GCC) states. Raphael A. Espinoza, an economist with expertise in regional fiscal policy, utilizes empirical data and economic modeling to analyze how oil-wealth distribution, labor market composition, and competitiveness interact within these unique rentier state frameworks. The text argues that understanding these specific regional variables is necessary to project future growth and stability in the Gulf.
What You Will Find
Scope Limits
Experts identify this work as a specialized resource for understanding the unique economic architecture of the GCC region. Readers frequently note the technical density of the prose, which is best suited for students and professionals in development economics.
Page Count:
0
Publication Date:
2014-01-01
Publisher:
Oxford University Press
ISBN-10:
0191763373
ISBN-13:
9780191763373
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