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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.

Political economy. --- Sustainable development. --- Natural resources. --- Energy policy. --- Energy and state. --- Middle East—Politics and government. --- Middle East—Economic conditions. --- Energy and state --- Power resources --- State and energy --- Industrial policy --- Energy conservation --- National resources --- Natural resources --- Resources, Natural --- Resource-based communities --- Resource curse --- Development, Sustainable --- Ecologically sustainable development --- Economic development, Sustainable --- Economic sustainability --- ESD (Ecologically sustainable development) --- Smart growth --- Sustainable development --- Sustainable economic development --- Economic development --- Economic theory --- Political economy --- Social sciences --- Economic man --- Government policy --- Economic aspects --- Environmental aspects --- International Political Economy --- Sustainable Development --- Natural Resource and Energy Economics --- Energy Policy, Economics and Management --- Middle Eastern Politics --- Middle Eastern and North African Economics --- International Relations --- Environmental Social Sciences --- Environmental Economics --- Economy-wide Country Studies --- Open Access --- Sustainability of GCC Development --- New Global Oil Order --- Economic sustainability in resource-rich states --- Gulf Economic Diversification and Sustainable Development --- Political Economy of Diversification --- Economic Transformation vs. Diversification --- Oil and Economic Diversification --- Fiscal dimensions of Economic Sustainability --- Labour Market dimensions of Economic Sustainability --- Hydrocarbon Endowment in the Gulf Region --- Normalizing the Saudi Economy --- Inclusive Growth in the Gulf Region --- Saudi Private Sector’s Contribution to Fiscal Sustainability --- Economic Sustainability and the Energy Transition --- Economic Diversification in the MENA --- Peak Oil and the Energy Transition in the MENA --- Economic Diversification Through Energy Sector Reform --- Energy Pricing Reform in the Gulf Region --- Climate Strategy for Producer Countries --- Sustainability --- Environmental economics --- Energy technology & engineering --- Energy industries & utilities --- Politics & government --- Middle East --- Economics --- International economic relations. --- Sustainability. --- Power resources. --- Africa, North --- International Political Economy’. --- Natural Resource and Energy Economics. --- Energy Policy, Economics and Management. --- Middle Eastern Politics. --- Middle Eastern/North African Economics. --- Politics and government. --- Economic conditions. --- Sustainability science --- Human ecology --- Social ecology --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Energy --- Energy resources --- Power supply --- Energy harvesting --- Energy industries --- Energy policy --- Petroleum industry and trade