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ARAB GULF COUNTRIES (2) answer(s).
 
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ID:   123730


Challenge of shale to the post-oil dreams of the Arab gulf / Sultan, Nabil   Journal Article
Sultan, Nabil Journal Article
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Publication 2013.
Summary/Abstract Growth patterns in the Gulf Cooperation Council (GCC) countries suggest that demand for energy in this region is likely to increase in the years to come and this situation ultimately means that more of the region's natural resources will need to be devoted to meeting this demand. For some of the GCC countries, the option to meet future power demands through alternative sources of energy such as nuclear power was deemed an attractive proposition. Furthermore, real investments and plans to use other alternative energy sources such as solar, wind, hydrogen and geothermal are also gaining momentum in the region. However, relatively recent developments in the technology used for extracting gas and oil from shale rock formations places a big question mark on the GCC countries' energy plans including those relating to alternative and renewable sources of energy. This article examines the GCC's new energy drive and explores the economic and political motivations behind it. Furthermore, the article also examines the potential impact of shale gas and oil extraction on this region's abundant fossil-based resources and the ramifications of such impact (if it materialises) for the GCC countries' alternative energy plans, future wealth and their political stability.
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2
ID:   102017


Economic and institutional reforms in the Arab Gulf countries / Hvidt, Martin   Journal Article
Hvidt, Martin Journal Article
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Publication 2011.
Summary/Abstract Over the last decades, Dubai has applied an economic developmental model which is strongly pro-business, emphasizes market liberalism and economic openness, and embraces globalization, while at the same time refraining from challenging the traditional neo-patrimonial leadership structure in the country. As such, the "Dubai model" has so far been distinctly different from economic models applied in the other GCC countries. However, judging from official statements, development projects under implementation, and the effort currently expended in creating economic assets in the other GCC states, these states seem to be embracing the "Dubai model" of development. This article will analyze the claim that the "Dubai model" is displacing the rentier state model as the general developmental model among the Gulf countries.
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