Private Sector Development and Economic Diversification in the GCC Countries

This project examines why GCC economies did not succeed in diversifying their economies and reducing their dependency on the oil sector and related activities. Particular attention is given to the private sector as an engine for economic growth, transformation and diversification.

Private Sector Development and Economic Diversification in the GCC Countries

Mohamed Chemingui

Senior economist, Chief of regional integration section, Economic Development and Globalization Division, ESCWA