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"," Environment and Planning C,, vol. 16( 1 ), pages 69-84, February. Jieming Zhu, 2013. "," Environment and Planning C,, vol. 31( 2 ), pages 257-275, April. Amar, J. & Lecourt, C. & Carpantier, J.F., 2022. "," Journal of International Financial Markets, Institutions and Cash, Elsevier, vol. 77(C). Jieming Zhu & Loo-Lee Sim & Xuan Liu, 2007.
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Economic Climate and Capital Management for 2026
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26( 4 ), pages 543-566, April. Maximilian Benner, 2019. "," Economies, MDPI, vol. 7( 2 ), pages 1-22, May. All material on this site has been provided by the particular publishers and authors. You can help right errors and omissions. When requesting a correction, please mention this product's handle: RePEc: ehl: lserod:55252. See general details about how to remedy product in RePEc.
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Economic diversification is the process of transitioning an economy away from reliance on a single sector or income source to numerous sectors and markets. This kind of economic shift is presently underway in the Gulf Cooperation Council (GCC) area, where Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are experiencing quick socio-economic change.

The GCC area is going through a transformative phase focused on economic diversification and sustainable advancement.
A strong driver behind economic diversity and green transition plans in the GCC is the well-documented effect of environment change in the region being experienced now and in the future. The World Bank approximates that as much as 100 million people in the Middle East, including the GCC, will suffer from water stress by 2025, with portions of the region anticipated to end up being uninhabitable by the end of the century due to water shortage and heats.
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