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Books > Earth & environment > The environment > Environmental economics > Sustainability
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When Can Oil Economies Be Deemed Sustainable? (Hardcover, 1st ed. 2021)
Loot Price: R1,728
Discovery Miles 17 280
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When Can Oil Economies Be Deemed Sustainable? (Hardcover, 1st ed. 2021)
Series: The Political Economy of the Middle East
Expected to ship within 10 - 15 working days
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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.
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