One of the biggest economics variables that concern any population and one that directly impacts them on a daily basis is inflation. When prices rise for energy, food, commodities, and other goods and services, the entire economy is affected. Rising prices, known as inflation, impact the cost of living, the cost of doing business, borrowing … Continue reading GCC Countries, Sustainability Outlook (4/17): Inflation

Every country has two major policy tools at hand to drive its economy – Fiscal and Monetary Policy to influence macro-economic variables like output, employment and consumer prices. Monetary policy in GCC countries is led by the primary objective to maintain the pegged exchange rate regime. The approach is chosen to protect the oil economy … Continue reading GCC Countries, Sustainability Outlook (3/17): Monetary Policies

GCC states were recently defined as economies ‘growing by oil’ and ‘slowing by oil’ by the World Bank. With oil and related products contributing to a major share of their GDP, GCC states do get affected by any fluctuations in oil prices. In the last decade, many steps have been taken to diversify and reduce … Continue reading GCC Countries, Sustainability Outlook (2/17): Economy Diversification

GCC is a group of economically strong oil led countries. We begin by analyzing one of the most important measures of any economy; its output. The most reliable variables to measure that are GDP growth – ‘the rate of increase in the value of goods and services a country produces in one year ‘and GDP … Continue reading GCC Countries, Sustainability Outlook (1/17): Economy Productivity