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, chapter 1, pages 1-29, Palgrave Macmillan. 2012/271, International Monetary Fund., MIT Press, vol.
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Foreign Investment 2026: The Shift Toward Knowledge-Based Industries52( 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 Advancement, Elsevier, vol. 29( 1 ), pages 23-37, January. El-Haddad Amirah, 2020. "," Review of Middle East Economics and Financing, De Gruyter, vol.
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Economic diversification is the process of transitioning an economy away from reliance on a single sector or income source to multiple sectors and markets. This sort of financial shift is currently underway in the Gulf Cooperation Council (GCC) region, where Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are experiencing rapid socio-economic transformation.
The GCC area is undergoing a transformative phase focused on financial diversity and sustainable advancement.
A strong chauffeur behind financial diversity and green transition plans in the GCC is the well-documented effect of environment change in the region being experienced now and in the future. The World Bank approximates that as much as 100 million individuals in the Middle East, including the GCC, will suffer from water tension by 2025, with portions of the region anticipated to become uninhabitable by the end of the century due to water deficiency and high temperature levels.
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