Economic development vision of the Gulf Cooperation Council

Educational Technology in the Middle East

Encyclopedia of Distance Learning ◽

10.4018/978-1-59140-555-9.ch104 ◽

2011 ◽

pp. 717-723

Author(s):

Adrienne A. Reynolds

Keyword(s):

Economic Development ◽

Educational Technology ◽

Saudi Arabia ◽

Middle East ◽

Human Resources ◽

United Arab Emirates ◽

Rapid Change ◽

Gulf Cooperation Council ◽

Educational Systems ◽

Technological Facility

The countries of the Middle East are undergoing rapid change in many areas, and the field of education is illustrative. This is particularly the case for the members of the Gulf Cooperation Council (GCC): Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). The governments of the GCC are actively striving to lessen their dependence on both their petroleum-based economies as well as the large expatriate populations that make up the majority of human resources in the workplace. One of the solutions to greater independence is through upgrading the national educational systems. Educational technology plays a key role, both as a tool used in education as well as being a conduit toward embedding technological facility into every aspect of their economic development, and thus is an end in itself.

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Educational Technology in the Middle East

Online and Distance Learning ◽

10.4018/978-1-59904-935-9.ch212 ◽

2011 ◽

pp. 2648-2656

Author(s):

Adrienne A. Reynolds

Keyword(s):

Economic Development ◽

Educational Technology ◽

Saudi Arabia ◽

Middle East ◽

Human Resources ◽

United Arab Emirates ◽

Rapid Change ◽

Gulf Cooperation Council ◽

Educational Systems ◽

Technological Facility

The countries of the Middle East are undergoing rapid change in many areas, and the field of education is illustrative. This is particularly the case for the members of the Gulf Cooperation Council (GCC): Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). The governments of the GCC are actively striving to lessen their dependence on both their petroleum-based economies as well as the large expatriate populations that make up the majority of human resources in the workplace. One of the solutions to greater independence is through upgrading the national educational systems. Educational technology plays a key role, both as a tool used in education as well as being a conduit toward embedding technological facility into every aspect of their economic development, and thus is an end in itself.

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Economic Development in the Gulf Cooperation Council Countries

10.1007/978-981-15-6058-3 ◽

2020 ◽

Keyword(s):

Economic Development ◽

Gulf Cooperation Council

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Educational Technology in the Middle East

Encyclopedia of Distance Learning, Second Edition ◽

10.4018/978-1-60566-198-8.ch109 ◽

2011 ◽

pp. 764-770

Author(s):

Adrienne A. Reynolds

Keyword(s):

Economic Development ◽

Educational Technology ◽

Saudi Arabia ◽

Middle East ◽

Human Resources ◽

United Arab Emirates ◽

Rapid Change ◽

Gulf Cooperation Council ◽

Educational Systems ◽

Technological Facility

The countries of the Middle East are undergoing rapid change in many areas, and the field of education is illustrative. This is particularly the case for the members of the Gulf Cooperation Council (GCC): Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). The governments of the GCC are actively striving to lessen their dependence on both their petroleum-based economies as well as the large expatriate populations that make up the majority of human resources in the workplace. One of the solutions to greater independence is through upgrading the national educational systems. Educational technology plays a key role, both as a tool used in education as well as being a conduit toward embedding technological facility into every aspect of their economic development, and thus is an end in itself.

Download Full-text

Determinants of Economic Development: A Case of Gulf Cooperation Council (GCC) Countries

International Journal of Economics and Finance ◽

10.5539/ijef.v11n11p12 ◽

2019 ◽

Vol 11 (11) ◽

pp. 12

Author(s):

Majed Alharthi

Keyword(s):

Economic Growth ◽

Economic Development ◽

Saudi Arabia ◽

Fixed Effects ◽

Global Financial Crisis ◽

Gulf Cooperation Council ◽

Fixed Effects Model ◽

Sharp Drop ◽

Gcc Countries ◽

Vision 2030

The main objective of this research is to identify the determinants of economic development in Gulf Cooperation Council (GCC) countries over the period of 1996-2016. The economic growth of GCC countries has slowed down due to a sharp drop in oil prices as GCC countries are depending on oil exportation for their economies. The GCC countries preferred to diversify their economies through the strategic plans called Vision 2030. The Vision 2030 for Gulf countries started in Saudi Arabia in 26 April 2016 when the Crown Prince (Mohammad bin Salman Al-Saud) declared that Saudi Arabia has to not depend on oil exportation substantially and that the diversification of oil is a must. The economic growth can be measured through the gross domestic production (GDP). Higher GDP indicates a better economy and higher standards of lives (welfare). Based on this, this research is finding the main indicators of economic development through regressions of fixed-effects model (FEM), random-effects model (REM), generalized methods of moments (GMM) and generalized least squares (GLS) models. The results show that production and rule of law strongly support the economy. In contrast, political instability and a larger population impact economic growth significantly and negatively. In addition, the global financial crisis (GFC) also decreased the economic strength significantly. This study helps the policymakers in economics sector to focus on the positive determinants and to avoid (or reduce) the implementation of the negative factors. In addition, the researcher on economics can be benefited from this study.

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