The future of oil and fiscal sustainability in the GCC region / prepared by an IMF staff team of the Middle East and Central Asia and Research Departments, comprised of Tokhir Mirzoev, Ling Zhu, Yang Yang, Andrea Pescatori, and Akita Matsumoto ; supervised by Tim Callen.

Yazar:Mirzoev, Tokhir [author.].
Katkıda bulunan(lar):Matsumoto, Akito [author.] | Pescatori, Andrea [author.] | Yang, Yang [author.] | Zhu, Ling [author.] | International Monetary Fund. Middle East and Central Asia Department [issuing body.] | International Monetary Fund. Research Department [issuing body.].
Materyal türü: materyalTürEtiketiKitapSeri kaydı: Departmental paper series (International Monetary Fund): no. 20/01.Yayıncı: Washington, DC : International Monetary Fund, [2020]Tanım: vii, 45 pages : illustrations some color ; 28 cm.İçerik türü:text Ortam türü:unmediated Taşıyıcı türü: volumeISBN: 151352593X; 9781513525938; 1513525905; 9781513525907.Konu(lar): Petroleum industry and trade -- Arab countries | Pétrole -- Industrie et commerce -- États arabes | Petroleum industry and trade | Arab countriesDDC sınıflandırma: 338.272809174927 Öz: The oil market is undergoing fundamental change. New technologies are increasing the supply of oil from old and new sources, while rising concerns over the environment are seeing the world gradually moving away from oil. This spells a significant challenge for oil-exporting countries, including those of the Gulf Cooperation Council (GCC) who account for a fifth of the world's oil production. The GCC countries have recognized the need to reduce their reliance on oil and are all implementing reforms to diversify their economies as well as fiscal and external revenues. Nevertheless, as global oil demand is expected to peak in the next two decades, the associated fiscal imperative could be both larger and more urgent than implied by the GCC countries' existing plans.
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338.270953 MIR 2020 (Ara.) (Rafa gözat) Kullanılabilir 101018456
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338.272809174927 MIR 2020 (Rafa gözat) Kullanılabilir 101018181

Includes bibliographical references (pages 43-45)

The oil market is undergoing fundamental change. New technologies are increasing the supply of oil from old and new sources, while rising concerns over the environment are seeing the world gradually moving away from oil. This spells a significant challenge for oil-exporting countries, including those of the Gulf Cooperation Council (GCC) who account for a fifth of the world's oil production. The GCC countries have recognized the need to reduce their reliance on oil and are all implementing reforms to diversify their economies as well as fiscal and external revenues. Nevertheless, as global oil demand is expected to peak in the next two decades, the associated fiscal imperative could be both larger and more urgent than implied by the GCC countries' existing plans.

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