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, chapter 1, pages 1-29, Palgrave Macmillan. 2012/271, International Monetary Fund., MIT Press, vol.
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52( 15 ), pages 2822-2848, November. Mazaheri Nimah, 2013. "," Organization and Politics, De Gruyter, vol. 15( 3 ), pages 295-321, October. Laura Routley, 2012. "," Global Advancement Institute Working Paper Series esid-003-12, GDI, The University of Manchester. Duckett, Jane, 2001. "," World Development, Elsevier, vol. 29( 1 ), pages 23-37, January. El-Haddad Amirah, 2020. "," Review of Middle East Economics and Finance, De Gruyter, vol.
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Economic diversity is the procedure of transitioning an economy far from reliance on a single sector or income to multiple sectors and markets. This kind of financial shift is presently underway in the Gulf Cooperation Council (GCC) region, where Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are experiencing fast socio-economic transformation.

The GCC area is going through a transformative stage focused on economic diversity and sustainable advancement.
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 approximately 100 million people in the Middle East, including the GCC, will experience water stress by 2025, with parts of the region expected to end up being uninhabitable by the end of the century due to water scarcity and heats.
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