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The Gulf Cooperation Council (GCC) countries, with their rich oil resources, are facing the problem of fallen oil prices on the one hand, and reduced oil reserves on the other. As a result, they are moving toward less dependence on oil, and increasing dependence on people and knowledge. This...
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In this study, we use Okun's Law to examine whether growth has been jobless in seventeen MENA countries. The methods used are the ARDL approach for the individual country and the panel data analysis for the entire sample. The period considered in this study is from 1980 to 2013. To test for...
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Oman and Bahrain are Middle Eastern success stories. There are some key similarities. Both have followed pragmatic …. These improvements occurred in somewhat different settings, with Oman developing in a more authoritarian environment …
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