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.

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

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