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Gordon White & Robert Wade, 1988. "," Palgrave Macmillan Books, in: Gordon White (ed.), Developmental States in East Asia, chapter 1, pages 1-29, Palgrave Macmillan. International Monetary Fund, 2012. "," IMF Personnel Country Reports 2012/271, International Monetary Fund. Farouk El-Kharouf & Sulayman Al-Qudsi & Shifa Obeid, 2010. "," Asian Economic Documents, MIT Press, vol.
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39( 10 ), pages 2346-2365, October. 4( 4 ), pages 476-495, December. 41( 7 ), pages 1629-1646, July.
Evaluating Regional Market Potential in 202652( 15 ), pages 2822-2848, November. 15( 3 ), pages 295-321, October. 29( 1 ), pages 23-37, January.
Evaluating Regional Market Potential in 2026Zuzana Brixiova & Balzs gert & Thouraya Hadj Amor Essid, 2013. "," Working Paper Series 991, African Development Bank. Ricker-Gilbert, Jacob & Mason, Nicole M. & Darko, Francis & Jayne, Thomas S. & Tembo, Solomon, 2013. "," Food Security Collaborative Working Documents 154938, Michigan State University, Department of Agricultural, Food, and Resource Economics.
"," Urban Studies, Urban Research Journal Limited, vol. 42( 8 ), pages 1369-1390, July. Nir Kshetri, 2023. "," Financial Development, Springer; Southwestern University of Financing and Economics, vol. 9( 1 ), pages 1-38, December. Corneo Giacomo, 2011. "," Review of Middle East Economics and Financing, De Gruyter, vol. 7( 1 ), pages 1-19, May. M Douglass, 1994.
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Economic diversification is the process of transitioning an economy away from dependence on a single sector or source of earnings to numerous sectors and markets. This sort of economic shift is currently underway in the Gulf Cooperation Council (GCC) area, where Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are experiencing fast socio-economic improvement.

The GCC area is undergoing a transformative phase focused on financial diversification and sustainable development.
A strong motorist behind financial diversity and green transition plans in the GCC is the well-documented impact of climate change in the region being experienced now and in the future. The World Bank approximates that approximately 100 million individuals in the Middle East, consisting of the GCC, will suffer from water stress by 2025, with parts of the region expected to become uninhabitable by the end of the century due to water deficiency and high temperature levels.
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