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, chapter 1, pages 1-29, Palgrave Macmillan. 2012/271, International Monetary Fund., MIT Press, vol.
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39( 10 ), pages 2346-2365, October. Fatiha Talahite, 2012. "," Revue Tiers-Monde, Armand Colin, vol. 0( 2 ), pages 143-160. Anna-Lena Maier, 2021. "," Journal of International Organization Policy, Palgrave Macmillan, vol. 4( 4 ), pages 476-495, December. Jieming Zhu & Tingting Hu, 2009. "," Environment and Planning A,, vol. 41( 7 ), pages 1629-1646, July. Anthony GO Yeh & Fiona F Yang & Jiejing Wang, 2015.
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Creating Sustainable Financial Portfolios with GCC SecuritiesZuzana Brixiova & Balzs gert & Thouraya Hadj Amor Essid, 2013. "," Working Paper Series 991, African Advancement 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 Research, Urban Research Journal Limited, vol. 42( 8 ), pages 1369-1390, July. Nir Kshetri, 2023. "," Financial Innovation, Springer; Southwestern University of Finance 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 diversity is the procedure of transitioning an economy far from dependence on a single sector or income source to multiple sectors and markets. This sort of financial shift is currently underway in the Gulf Cooperation Council (GCC) region, where Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are experiencing rapid socio-economic transformation.

The GCC region is undergoing a transformative phase focused on economic diversity and sustainable development.
A strong motorist behind financial diversity and green shift strategies in the GCC is the well-documented effect of climate modification in the region being experienced now and in the future. The World Bank estimates that approximately 100 million individuals in the Middle East, including the GCC, will struggle with water stress by 2025, with portions of the area expected to become uninhabitable by the end of the century due to water shortage and heats.
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