Foreign Investment by Countries of the Gulf Cooperation Council
Seiten
2023
|
Unabridged edition
Cambridge Scholars Publishing (Verlag)
978-1-5275-9179-0 (ISBN)
Cambridge Scholars Publishing (Verlag)
978-1-5275-9179-0 (ISBN)
The massive inflow of oil revenues on account of the rise in oil prices to the member countries of the Gulf Cooperation Council (GCC) put them in an unprecedented situation. The oil revenue at the disposal of these countries was so enormous that, in addition to its deployment in the domestic economy, it had to be invested in foreign countries. However, this phenomenon slowed down with the decline in global oil prices and consequent lower inflow of oil revenues in these countries. As this book shows, this is expected to last as long as GCC countries remain a significant source of supply of oil to the global market. For these nations, their foreign investment programme has been an important tool of diversification. The book also argues that, for these countries, foreign investment has been an important strategy for preserving and expanding their oil wealth for the future.
Dr Muhammad Azhar is Professor of Economics at the Department of West Asian and North African Studies of Aligarh Muslim University, India. Prior to this, he served as a Consultant to the Indian Council of Research in International Economic Relations, New Delhi. He obtained his MA, MPhil and PhD from Jawahar Lal Nehru University, India. He has published numerous research articles in international journals such as Arab Studies Quarterly, Middle Eastern Studies, OPEC Bulletin, OPEC Energy Review, Africa Review, Journal of South Asian and Middle Eastern Studies, and Journal of Economics and International Relations, among many others.
| Erscheinungsdatum | 06.02.2023 |
|---|---|
| Verlagsort | Newcastle upon Tyne |
| Sprache | englisch |
| Maße | 148 x 212 mm |
| Themenwelt | Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft |
| Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie | |
| ISBN-10 | 1-5275-9179-4 / 1527591794 |
| ISBN-13 | 978-1-5275-9179-0 / 9781527591790 |
| Zustand | Neuware |
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