Economic Institutions on Demand: Evolving Financial Governance in the Gulf Cooperation Council States
Georgetown Journal of International Affairs: 16.2 Happy Birthday, UN Institutionalization in the Gulf Cooperation Council (GCC) States is proceeding within the financial sector in many ways as a result of economic growth, and as Gulf states create new economic institutions to govern their markets, they are also creating a framework that can both limit and...
Institutionalization in the Gulf Cooperation Council (GCC) States is proceeding within the financial sector in many ways as a result of economic growth, and as Gulf states create new economic institutions to govern their markets, they are also creating a framework that can both limit and enable broader political goals of financial and economic statecraft.
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The Gulf states want to reduce their dependence on expatriates without losing the professionals they still need for economic diversification. Pension reform is becoming part of that bargain.
The outbreak of the Iran war has halted the deepening of the economic relationship between the United States and the Gulf countries. While likely temporary, it could take some time before the upward trajectory is restored.
Oman has benefitted from the U.S.-Israeli war with Iran, but continued conflict and Oman’s highwire neutrality balancing act mean that the sultanate’s economic windfall is still in danger.
Senior Research Scholar, Center on Global Energy Policy, Columbia University’s School of International and Public Affairs; Senior Fellow, Middle East Institute
AGSI explains what Israel’s sudden and massive attack on Iran is likely to mean for Gulf Arab states, Iran, the United States, and global and regional economies.
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This post is part of an AGSIW series on Saudi Vision 2030, a sweeping set of programs and reforms adopted by the Saudi government to be implemented by 2030. Saudi Arabia did one thing right this week. It is seeing some positive news in the return on investment in its outwardly placed capital in new technology....
Georgetown Journal of International Affairs: 16.2 Happy Birthday, UN
Sep 18, 2015
Economic Institutions on Demand: Evolving Financial Governance in the Gulf Cooperation Council States
Georgetown Journal of International Affairs: 16.2 Happy Birthday, UN Institutionalization in the Gulf Cooperation Council (GCC) States is proceeding within the financial sector in many ways as a result of economic growth, and as Gulf states create new economic institutions to govern their markets, they are also creating a framework that can both limit and...
1 min read