Sustainable Prosperity in the Arab Gulf - 9781032437545

Taylor & Francis Ltd

Sustainable Prosperity in the Arab GulfFrom Miracle to Method\nAuthor(s): Jarmo T. Kotilaine\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781032437545, 978-1032437545\nSynopsis\nTracing the development journey of the Arabian Gulf region with a forward-looking perspective, this book describes how a combination of good fortune, creative experimentation, and determination has enabled the region to achieve prosperity. Today, the Arabian Gulf is well positioned to assume a pivotal role in the new global order. \n\nForced to balance an extreme climate and acute resource constraints, but also an exceptional location, the regions progress and prosperity have historically been precarious and vulnerable to external shocks. Efforts to transcend resource dependency have typically involved proactive attempts to enable other economic activities. This book argues that, while conventional economic diversification is making headway, the Gulf re.