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The ‘Arab Spring’ of 2011 has affected the countries of the region to varying degrees, including the Gulf Cooperation Council (GCC) members, comprising Saudi Arabia, Kuwait, Qatar, the United Arab Emirates, Oman and Bahrain.  The GCC has become a significant regional bloc playing a vital economic and political role far beyond its shores, given its geopolitical strategic location, a preponderance of global energy reserves and a major international player through the use of accumulated financial reserves. A new Gulf is rising, one that is more self assertive, looking to expand its membership to other Arab countries such as Jordan and Morocco, while at the same time strengthening the bloc’s relationship with current and emerging trading and strategic partners in Europe, USA and Asia. Regional and international realities, especially the uncertainties unleashed by the ‘Arab Spring’, are forcing Gulf leadership to initiate new policies involving closer cooperation amongst GCC countries to address emerging challenges. This volume brings together thirty renowned academics and specialists to examine a range of multifaceted social, political and economic issues facing the GCC in key areas.

Economic policy. --- Economics. --- Energy policy -- Persian Gulf States. --- Gulf Cooperation Council. --- Persian Gulf States -- Economic policy. --- Energy policy --- Business & Economics --- Management --- Industrial Management --- Economic History --- Economic Theory --- Corporate governance. --- Governance, Corporate --- Energy policy. --- Energy and state. --- Economic Policy. --- Energy Policy, Economics and Management. --- Industrial management --- Directors of corporations --- Economic nationalism --- Economic planning --- National planning --- State planning --- Economics --- Planning --- National security --- Social policy --- Energy and state --- Power resources --- State and energy --- Industrial policy --- Energy conservation --- Government policy --- Persian Gulf States --- Gulf Co-operation Council --- Co-operation Council for the Arab States of the Gulf --- States of Gulf Co-operation Council --- Golf-Rat --- GCC --- G.C.C. --- Majlis al-Taʻāwun al-Khalījī --- Majlis al-Taʻāwun al-Khalījī al-ʻArabī --- GKR --- Kooperationsrat Arabischer Staaten am Golf --- Cooperation Council for the Arab States of the Gulf --- Duwal Majlis al-Khalīj --- Gŏlpʻŭ Hyŏmnyŏk Wiwŏnhoe --- Kŏlpʻŭ Hyŏmnyŏk Wiwŏnhoe --- Majlis al-Taʻāwun li-Duwal al-Khalīj al-ʻArabīyah --- Golfkooperationsrat --- AGCC --- A.G.C.C. --- Duwal Majlis al-Taʻāwun al-Khalījī --- Sovet sotrudnichestva arabskikh gosudarstv Persidskogo zaliva --- SSAGPZ --- Arab Gulf Cooperation Council --- مجلس التعاون الخليجي --- مجلس التعاون لدول الخليج العربية --- Shūrā-yi Hamkārī-i Khalīj-i Fārs --- شوراى همکارى خليج فارس --- Persian Gulf Cooperation Council --- PGCC --- Conseil de coopération du Golfe --- Gulf Cooperative Council --- Consiglio di cooperazione del Golfo --- Ccg

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Macroeconomics --- Economic conditions. Economic development --- Foreign trade. International trade --- Developing countries: economic development problems --- Economic geography --- ontwikkelingssamenwerking --- wereldeconomie --- macro-economie --- economische ontwikkelingen --- internationale economie

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In this unique text, Mohamed Ramady develops a framework for studying fundamental challenges to the modern Saudi Arabian economy. Public and private sector topics include: . The hydrocarbon and minerals sector, including a new model of mining privatization and cooperation . The impact of small and medium sized businesses . The evolving role of "family" businesses . The growing role of women in the Saudi economy . Shifting trade patterns . The Saudi "offset" technology transfer program The author offers an analysis of key challenges facing the Saudi economy, including the potential costs and benefits of privatization, globalization, and eventual membership in the WTO. Employment, education, economic and social stability, and Saudi Arabia's place in the Gulf Cooperation Council are offered as keys to the consensus building needed to ensure the Kingdom's healthy economic future. Mohamed Ramady teaches in the Department of Finance and Economics, King Fahd University of Petroleum and Minerals.

Macroeconomics --- Economic conditions. Economic development --- Foreign trade. International trade --- Developing countries: economic development problems --- Economic geography --- ontwikkelingssamenwerking --- wereldeconomie --- macro-economie --- economische ontwikkelingen --- internationale economie