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, chapter 1, pages 1-29, Palgrave Macmillan. 2012/271, International Monetary Fund., MIT Press, vol.
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Attracting Institutional Liquidity Through Robust UAE REIT StructuresZuzana Brixiova & Balzs gert & Thouraya Hadj Amor Essid, 2013. "," Working Paper Series 991, African Advancement Bank. Ricker-Gilbert, Jacob & Mason, Nicole M. & Darko, Francis & Jayne, Thomas S. & Tembo, Solomon, 2013. "," Food Security Collaborative Working Papers 154938, Michigan State University, Department of Agricultural, Food, and Resource Economics.
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Economic diversity is the process of transitioning an economy far from dependence on a single sector or income source to numerous sectors and markets. This type of financial shift is currently underway in the Gulf Cooperation Council (GCC) area, where Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are experiencing fast socio-economic change.
The GCC region is undergoing a transformative stage focused on financial diversification and sustainable advancement.
A strong driver behind financial diversification and green transition plans in the GCC is the well-documented effect of climate modification in the area being experienced now and in the future. The World Bank approximates that up to 100 million people in the Middle East, consisting of the GCC, will suffer from water tension by 2025, with portions of the area expected to become uninhabitable by the end of the century due to water shortage and high temperatures.
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