TY  - BOOK
AU  - KOCH Christian
TI  - Gulf states plan for day that oil runs dry
PY  - 2006///
KW  - GULF STATES
KW  - ECONOMIC GROWTH
KW  - REGIONAL SECURITY
KW  - GLUF STATES
KW  - ECONOMIC DIVERSIFICATION
N2  - The GCC states are enjoying dramatic increases in revenues and many have huge budget surpluses from high oil prices. However as government spending is currently the driving force of economic activity the states are looking to economic diversification against the day when oil runs out - Bahrain and Oman each have less than 15 years of reserves at present production levels. This article argues that economic diversification alone is not enough, political and social reforms will also be required
UR  - file://Lib-svr/SubjectFiles/SaudiArabia/F39.pdf
ER  -