Middle East Political and Economic Report: Economic Diversification Strategies and Social Transformation in Gulf States

Structural Reforms in Gulf States

Research report published as Chapter 4 of the Asia Institute "Middle East Review Volume 1". Analyzes economic diversification strategies of Gulf Cooperation Council (GCC) countries aiming to break away from oil dependence and accompanying social transformations.

Economic Diversification Efforts

Quest for Post-Oil Economy: Economic diversification policies promoted by Gulf oil-producing countries including Saudi Arabia, UAE, and Kuwait. Conducts comparative examination of distinctive industrial policies of each country including manufacturing development, financial services growth, and tourism promotion.

Utilization of Sovereign Wealth Funds: Overseas investment strategies by government funds financed from oil revenues. Discusses economic base diversification through long-term asset management and expansion of influence in international financial markets.

Changes in Social Structure

Labor Market Challenges: Dependency structure on foreign workers and promotion of employment creation policies for nationals (nationalization). Analyzes human resource development strategies through educational system reforms and skill development.

Expansion of Women's Social Participation: Advancement of women's status within traditional social structures and promotion of participation in economic activities. Provides detailed description of changes in social values and policy support measures.

Deepening Regional Cooperation

Examines progress in economic integration among GCC countries and feasibility of common market initiatives.

※ This summary was automatically generated by AI. Please refer to the original article for accuracy.

Related Articles