TY - BOOK ED - Luciani, Giacomo ED - Moerenhout, Tom AB - This open access book questions the stereotype depicting all Gulf (GCC) economies as not sustainable, and starts a critical discussion of what these economies and polities should do to guarantee themselves a relatively stable future. Volatile international oil markets and the acceleration of the energy transition has challenged the notion that oil revenues are sufficient to sustain oil economies in the near to medium term. But what is the meaning of economic sustainability? The book discusses the multiple dimensions of the concept: economic diversification, continuing value of resources, taxation and fiscal development, labor market sustainability, sustainable income distribution, environmental sustainability, political order (democracy or authoritarianism) and sustainability, regional integration. The overarching message in this book is that we should move on from the simplistic branding of the Gulf economies as unsustainable and tackle the details of which adaptations they might need to undertake. DO - 10.1007/978-981-15-5728-6 ID - OAPEN ID: ONIX_20201013_9789811557286_44 KW - International Political Economy KW - Sustainable Development KW - Natural Resource and Energy Economics KW - Energy Policy, Economics and Management KW - Middle Eastern Politics KW - Middle Eastern and North African Economics KW - International Relations KW - Environmental Social Sciences KW - Environmental Economics KW - Economy-wide Country Studies KW - Open Access KW - Sustainability of GCC Development KW - New Global Oil Order KW - Economic sustainability in resource-rich states KW - Gulf Economic Diversification and Sustainable Development KW - Political Economy of Diversification KW - Economic Transformation vs. Diversification KW - Oil and Economic Diversification KW - Fiscal dimensions of Economic Sustainability KW - Labour Market dimensions of Economic Sustainability KW - Hydrocarbon Endowment in the Gulf Region KW - Normalizing the Saudi Economy KW - Inclusive Growth in the Gulf Region KW - Saudi Private Sector’s Contribution to Fiscal Sustainability KW - Economic Sustainability and the Energy Transition KW - Economic Diversification in the MENA KW - Peak Oil and the Energy Transition in the MENA KW - Economic Diversification Through Energy Sector Reform KW - Energy Pricing Reform in the Gulf Region KW - Climate Strategy for Producer Countries KW - Political economy KW - Sustainability KW - Environmental economics KW - Energy technology & engineering KW - Energy industries & utilities KW - Politics & government KW - Middle East KW - Economics L1 - https://library.oapen.org/bitstream/id/cf45b5e5-a68c-454f-8191-10e8a283b0b4/2021_Book_WhenCanOilEconomiesBeDeemedSus.pdf LA - English LK - https://library.oapen.org/handle/20.500.12657/42572 PB - Springer Nature PY - 2021 TI - When Can Oil Economies Be Deemed Sustainable?null ER -