Middle East Economic Survey
VOL. LII
No 13
30-Mar-2009
REGIONAL
Carnegie Sees Old Challenges In Changed Environment For GCC Economies
The oil windfall of the past few years allowed Gulf Cooperation Council (GCC) countries to accumulate a consistent volume of revenue and sustain impressive level of economic growth. Although they managed this wealth more efficiently than in previous oil boom periods, the GCC states are still faced with common challenges though at different degrees, due to differences...
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