The Gulf countries face various economic challenges, the most important of which is the lack of economic diversification in general – and in government revenues in particular – in addition to an unsustainable path of government expenditure. These challenges are distinctive compared to what arises in advanced and developing economics; for example, the Eurozone unemployment rate in 2013 was 11%, compared to 5.1% in the Gulf countries, and Japanese public debt exceeds 200% of GDP, compared to 12.2% in the GCC countries.
Posted by : admin
Comments:
0
Likes:
0
Share
Related posts
The impact of COVID-19 on summer travels in 2022
Posted by :
badria
0
0
Derasat recently organized a seminar under the title of "Future Prospects of the GCC Electrical...
Seminar: Future Prospects of the GCC Electrical Interconnection
Posted by :
badria
0
0
Derasat has recently published volume 14 of its specialized semi-annual journal, 'Derasat', which provides analyses...
Derasat Journal 2021 – Issue 1
Posted by :
admin
0
0
Roundtable on “Arabian Gulf Security and the Role of the European Union”
Posted by :
badria
0
0
A Panel Discussion With Tekon Ollam Makers “TOM”
Posted by :
badria
0
0
Towards an Integrated Strategy for Gulf Food Security
Posted by :
badria
0
0
Marine Environmental Disaster Threats
Posted by :
badria
0
0
Plans for a European Football Super League Will Resurface
Posted by :
badria
0
0
A Gulf-European Strategy for Joint Cooperation
Posted by :
badria
0
0
The paper examines the incidence of area studies departments/programs in the GCC and US, and...
Academic Area Studies and Foreign Policy: A Comparative Study of the GCC and US
Posted by :
badria