Economic Diversification In The Gulf Region, Volume I: The Private Sector As An Engine Of Growth (the Political Economy Of The Middle East)

This volume focuses on the role of the private sector in diversifying the economics of Gulf countries in the post-petrodollar era, when fluctuating and declining oil prices are negatively impacting national expenditures. It explores current policies of countries in the Gulf Cooperation Council and their efforts to shift their economies away from heavy dependence on hydrocarbons. The structural changes will create favorable conditions for the private sector to flourish, shift production dependence from public to private sector, and allow for more efficient resource allocation. Such changes will also allow local banks to provide financial support to small and medium enterprises, boost entrepreneurship for job creation, and strengthen organizational structure and efficiency. This is the first volume in __Economic Diversification in the Gulf Region__. Front Matter ....Pages i-xxi Introduction to Economic Diversification in the GCC Region (Asharf Mishrif)....Pages 1-26 Private Sector and Economic Diversification in Kuwait (Anastasia Nosova)....Pages 27-47 A Systemic Approach to Integrate SOEs and SMEs in Business Ecosystem (Alfadhal Al-Hinai, Angela Espinosa, Richard Vidgen)....Pages 49-75 Implications of Public-Private Partnerships in Infrastructure Development for Economic Diversification (Michiko Iwanami)....Pages 77-95 Quality of Education and Labour Market in Saudi Arabia (Ashraf Mishrif, Amal Alabduljabbar)....Pages 97-115 Policy and Regulatory Frameworks for Foreign Direct Investment in Saudi Arabia (Ahmad Al Daffaa)....Pages 117-135 Organisational Effectiveness of Private Enterprises and Diversification in the Gulf Countries (Shazia Farooq Fazli, Ayesha Farooq)....Pages 137-162 Diversification Strategies in the Gulf Agriculture Sectors (Salma Bani)....Pages 163-182 Destination Place Identity, Touristic Diversity and Diversification in the Arabia Gulf (Magdalena Karolak)....Pages 183-208 Regional Integration, the Private Sector and Diversification in the GCC Countries (Ashraf Mishrif, Salma Al-Naamani)....Pages 209-233 Back Matter ....Pages 235-247 This volume focuses on the role of the private sector in diversifying the economics of Gulf countries in the post-petrodollar era, when fluctuating and declining oil prices are negatively impacting national expenditures. It explores current policies of countries in the Gulf Cooperation Council and their efforts to shift their economies away from heavy dependence on hydrocarbons. The structural changes will create favorable conditions for the private sector to flourish, shift production dependence from public to private sector, and allow for more efficient resource allocation. Such changes will also allow local banks to provide financial support to small and medium enterprises, boost entrepreneurship for job creation, and strengthen organizational structure and efficiency. This is the first volume in Economic Diversification in the Gulf Region.-- Provided by publisher Volume Ii. Comparing Global Challenges Ashraf Mishrif, Yousuf Al Balushi, Editors. Includes Bibliographical References And Indexes.