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Awaiting a miracle -- The double-edged sword -- Determined to diversify -- Reaping the demographic dividend -- Greasing the wheels of exchange -- Build it and they will come -- All together now? -- The imperative of change -- Navigating choppy waters -- Charting the way forward.
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This paper examines the relationship among real GDP, CO2 emissions, and energy use in the six Gulf Cooperation Council (GCC) countries. Using annual data for the years 1960-2013, stationarity, structural breaks, and cointegration tests have been conducted. The empirical evidence strongly...
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