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26( 4 ), pages 543-566, April. Maximilian Benner, 2019. "," Economies, MDPI, vol. 7( 2 ), pages 1-22, May. All material on this site has been provided by the respective publishers and authors. You can assist proper errors and omissions. When requesting a correction, please discuss this product's manage: RePEc: ehl: lserod:55252. See basic information about how to remedy product in RePEc.
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Economic diversity is the process of transitioning an economy away from reliance on a single sector or income source to several sectors and markets. This type of financial 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 quick socio-economic change.

The GCC region is undergoing a transformative stage focused on economic diversity and sustainable advancement.
A strong driver behind financial diversity and green shift plans in the GCC is the well-documented impact of environment change in the region being experienced now and in the future. The World Bank approximates that as much as 100 million people in the Middle East, including the GCC, will suffer from water stress by 2025, with parts of the area expected to become uninhabitable by the end of the century due to water shortage and high temperature levels.
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