Economic Development in the Gulf States

It is a fundamental textbook for the students of the development economics in the Gulf Region. Many universities and colleges in the Gulf countries teach this topic, but unfortunately, no basic textbook is available on this subject. The book describes the features of economic growth and development and various theories and modules taught to explain development economics. Introduction to the gulf economy, formation and development of international organisations including OPEC & OAPEC, features of integration and free trade area are discussed in the book. A separate chapter on diversification and industrialisation in the gulf states is added in the book. This is an essential book for understanding the gulf economy.