Table of Contents:
  • The determinants of long-term growth in the GCC countries
  • The macroeconomic impact of migration
  • Government spending, subsidies, and economic efficiency
  • Fiscal policy form macroeconomic stability
  • Monetary policy with a fixed exchange rate regime
  • Nonperforming loans and financial stability
  • Financial markets in the GCC countries
  • The importance of the GCC for the wider region