How the openness of the Gulf economy boosts productivity

How the openness of the Gulf economy boosts productivity

All of the Arabian Gulf’s economic visions emphasise opening up the economy to foreign direct investment as a way of improving performance. Usually, policymakers focus on the jobs directly created by the investment and the resulting knowledge transfer as the main benefits to the domestic economy.

But a new paper finds that existing domestic companies may also improve in response to the new source of competition.

Read full article here.

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Dr. Omar Al-Ubaydli, Acting Director of Research & Studies Directorate, Director of Energy & Economic Studies

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