Economic Diversification in the Gulf States
Public Expenditure and Non-Oil Economic Growth in Bahrain, Oman and QatarA paraître
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|Editeur||Gerlach Press, Gerlach Press|
|Distributeur||Editions de Boccard|
A long-standing economic policy goal of the oil-dependent GCC countries is to increase economic diversification. Over the last decades, GCC governments fostered the development of non-oil economies through large-scale public investments in the stocks of human and physical capital. This book takes a new look at economic diversification efforts by examining the impact of different public expenditure categories (capital, education, health) on non-oil GDP and labour productivity developments in t...