In spite of oil wealth, modernization, and high female educational attainment, the International Labor Organization cites female labor force participation in Kuwait as lower than other high-income countries, world averages, many non-Arab Islamic countries, and some gulf countrie…
Motivated by increased stock market integration, gaps in the literature and the recent financialization of oil markets, this thesis studies the behaviour of the fledgling Gulf Cooperation Council (GCC) stock markets against innovations in international financial markets and oil …
Throughout the Gulf Cooperation Council (GCC) Member states, a number of significant policy reforms have coincided with significant changes in their socio-economic trajectories. This is especially evident within the employment domain, where a rapidly increasing labour force chal…
Körfez ĠĢbirliği Konseyi (KĠK), Basra Körfezi‟ne kıyısı bulunan ve ortak coğrafi, tarihi, kültürel, sosyal ve siyasal rejimleri benzer özelliklere sahip altı komĢu Arap ülkesini bir araya getiren bölgesel bir teĢkilattır. Soğuk SavaĢ döneminde özellikle 1970‟li yılların sonunda …
The United States and Saudi Arabia have enjoyed a long history of strong economic and security ties for over half a century. As the events of the late 1970s and 1980s fundamentally shifted the balance of power in the Middle East, the U.S.-Saudi relationship shifted with it. The …
In recent years, sovereign wealth funds (SWFs) have grown rapidly in importance. While SWFs are primarily used by governments to achieve macroeconomic/financial objectives, almost half of all SWFs are also used to further national economic developmental objectives. Such strategi…
To deign a natural gas transmission network for the GCC, a mixed integer linear mathematical programming model has been proposed. The gas network will permit the free flow of gas among the GCC countries in order for them to meet increasing, fluctuating, predicted electricity dem…
This study evaluates alternatives of exchange rate regimes or arrangements to predict the most appropriate arrangement that is economically and politically feasible for the Gulf Cooperation Council (G. C. C.) States to adopt for the purpose of coordinating their exchange rate po…
In May 1981, members of the Gulf Cooperation Council (GCC), Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates, concluded that forming a regional bloc would help each of them reach various collective goals in promoting security, growth, diversification, and over…
Standards will play a large role in generating sustainability in the future. They will serve not only pave the way for international environmental regulations, but also to establish designs and specifications for building systems that reduce energy. Given the importance of susta…
This dissertation examines a new variant of the economic growth effect of foreign direct investment (FDI). The study tests whether the economic growth effect of FDI spreads to a third developing country. That third country is not the FDI home country, nor the FDI host country, b…
This research showed that data and events involving alliance formation and political fragmentation in the Arab world and particularly the Gulf Cooperation Council (GCC) from 1945-1990 were not treated sufficiently in the general theoretical works surveyed. A host of new proposit…
This study assesses the cooperative relationship of the six Gulf Cooperation Council (GCC) member states of Kuwait, Saudi Arabia, Bahrain, Qatar, United Arab Emirates, and Oman. Beyond providing an evolutionary analysis of the council's cooperative relations, it argues that the …
Fueled by the successful introduction of the Euro in 1999, monetary integration has become an increasingly important phenomenon within the modern global economic era. The Gulf Cooperation Council (GCC) is no exception. While the six countries of the GCC, Bahrain, Kuwait, Oman, Q…
Measurement and analysis of banking efficiency has received increasing attention in applied economics in recent years due to the rapid globalization of the financial industry and consequently, increasing competitiveness in international financial markets. Efficiency in a general…
The main objective of this study is to examine the export-led growth (ELG) hypothesis for the Gulf Cooperation Council (GCC) countries. More specifically, the study empirically investigates the long run relationship and the causality direction between aggregate export and econom…
Significant prediction of asset prices is of a great importance in financial economics. When studying economic and financial phenomena, it is essential to correctly specify the model. If the true dynamics are nonlinear, using linear methods will probably be irrelevant in doing e…