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26( 4 ), pages 543-566, April. Maximilian Benner, 2019. "," Economies, MDPI, vol. 7( 2 ), pages 1-22, May. All product on this site has actually been provided by the particular publishers and authors. You can help correct mistakes and omissions. When asking for a correction, please discuss this item's handle: RePEc: ehl: lserod:55252. See general info about how to remedy material in RePEc.
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Economic diversity is the process of transitioning an economy far from reliance on a single sector or income source to multiple sectors and markets. This type of financial shift is presently underway in the Gulf Cooperation Council (GCC) area, where Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are experiencing quick socio-economic change.
The GCC region is undergoing a transformative phase focused on financial diversity and sustainable advancement.
A strong motorist behind financial diversity and green transition strategies in the GCC is the well-documented effect of environment change in the region being experienced now and in the future. The World Bank estimates that up to 100 million people in the Middle East, consisting of the GCC, will experience water stress by 2025, with parts of the region anticipated to become uninhabitable by the end of the century due to water scarcity and heats.
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