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Benefits of Scaling Manufacturing Ventures in Middle East

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Gordon White & Robert Wade, 1988. "," Palgrave Macmillan Books, in: Gordon White (ed.), Developmental States in East Asia, chapter 1, pages 1-29, Palgrave Macmillan. International Monetary Fund, 2012. "," IMF Personnel Nation Reports 2012/271, International Monetary Fund. Farouk El-Kharouf & Sulayman Al-Qudsi & Shifa Obeid, 2010. "," Asian Economic Papers, MIT Press, vol.

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26( 4 ), pages 543-566, April. Maximilian Benner, 2019. "," Economies, MDPI, vol. 7( 2 ), pages 1-22, May. All material on this website has actually been offered by the respective publishers and authors. You can help appropriate errors and omissions. When requesting a correction, please mention this item's handle: RePEc: ehl: lserod:55252. See general info about how to remedy product in RePEc.

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Economic diversity is the procedure of transitioning an economy far from dependence on a single sector or income source to numerous sectors and markets. This kind of economic shift is presently underway in the Gulf Cooperation Council (GCC) area, where Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are experiencing quick socio-economic change.

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The GCC area is undergoing a transformative stage focused on economic diversification and sustainable development.

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A strong motorist behind economic diversification and green shift plans in the GCC is the well-documented impact of environment modification in the area being experienced now and in the future. The World Bank estimates that up to 100 million people in the Middle East, including the GCC, will experience water tension by 2025, with portions of the region anticipated to become uninhabitable by the end of the century due to water scarcity and heats.

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