When Can Oil Economies Be Deemed Sustainable? (Hardcover, 1st ed. 2021)

This open access book questions the stereotype depicting all Gulf (GCC) economies as not sustainable, and starts a critical discussion of what these economies and polities should do to guarantee themselves a relatively stable future. Volatile international oil markets and the acceleration of the energy transition has challenged the notion that oil revenues are sufficient to sustain oil economies in the near to medium term. But what is the meaning of economic sustainability? The book discusses the multiple dimensions of the concept: economic diversification, continuing value of resources, taxation and fiscal development, labor market sustainability, sustainable income distribution, environmental sustainability, political order (democracy or authoritarianism) and sustainability, regional integration. The overarching message in this book is that we should move on from the simplistic branding of the Gulf economies as unsustainable and tackle the details of which adaptations they might need to undertake.

General

Imprint:	Springer Verlag, Singapore
Country of origin:	Singapore
Series:	The Political Economy of the Middle East
Release date:	October 2020
First published:	2021
Editors:	Giacomo Luciani • Tom Moerenhout
Dimensions:	210 x 148 x 29mm (L x W x T)
Format:	Hardcover
Pages:	365
Edition:	1st ed. 2021
ISBN-13:	978-981-15-5727-9
Categories:	Books > Social sciences > Politics & government > General Books > Business & Economics > Economics > Political economy Books > Professional & Technical > Energy technology & engineering > General Books > Earth & environment > The environment > Environmental economics > Sustainability Promotions
LSN:	981-15-5727-6
Barcode:	9789811557279

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