Search

Begin New Search Topic Oil Political Geography Arabia Content Type Working Paper Publishing Institution Belfer Center for Science and International Affairs, Harvard University Publication Year within 25 Years

1. The Development of a Gulf Carbon Platform: Mapping out the Gulf Cooperation Council Carbon Exchange

Author:
Justin Dargin
Publication Date:
05-2010
Content Type:
Working Paper
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
The countries of the Gulf Cooperation Council (GCC) have some of the highest greenhouse gas emissions rates per capita in the world. This paper argues that in spite of the extremely high greenhouse gas (GHG) emissions rates, GCC members will benefit economically, environmentally and geopolitically by constructing a harmonized pan-GCC carbon trading platform that will allow them to make cost-efficient decisions about greenhouse gas abatement. A thorough analysis is undertaken to determine which GHG abatement mechanism would be the best suited for the GCC, with maximum cost and environmental benefits. Based on the unique characteristics of the GCC members, a pan-GCC cap-and-trade framework is suggested. Optimally, policy makers would institute it in a phased, voluntary introduction, to be gradually replaced by a mandatory scheme. If the GCC countries implement such a system, they would be able to rationalize their energy usage for domestic power production, and conserve their oil and gas production for future generations.
Topic:
Climate Change, Energy Policy, and Oil
Political Geography:
Middle East and Arabia

2. Oil, Labor Markets, and Economic Diversification in the GCC: An Empirical Assessment

Author:
Tarek Coury and Chetan Dave
Publication Date:
11-2009
Content Type:
Working Paper
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
In a bid to reduce their dependency on oil and natural gas revenues, GCC governments have recently invested considerable resources to diversify their economies. This paper provides an empirical assessment of economic diversification in the GCC for the period 1980–2005. In particular we assess whether oil and natural gas revenues, government policies and foreign flows of labor have contributed to greater economic diversification, proxied by real growth in non-hydrocarbon GDP per worker. To our knowledge, this is the first paper that analyzes economic diversification in the Gulf using panel data techniques that explicitly treat the GCC as an economic block.
Topic:
Markets, Oil, and Labor Issues
Political Geography:
Arabia

3. The Blueprint: A History of Dubai's Spatial Development Through Oil Discovery

Author:
Stephen J. Ramos
Publication Date:
11-2009
Content Type:
Working Paper
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
To understand Dubai's modern history since its founding in 1833, one must go further back in time to explore the regional history that frames its foundation. European powers, beginning with the Venetians, and, then subsequently, the Portuguese, the Dutch, and finally the British, were interested in the Gulf region as a means to secure trade routes to and from the Indian Subcontinent and points eastward. This meant that from the fifteenth century through the late nineteenth century, if trade routes could move uninterrupted through the Gulf region, European powers were not involved in the societal affairs of settlements as a traditionally colonial ruling class, nor did European merchants bother to extensively explore trade within the region, believing that it required more effort than either the climate or the local economies were worth. The region's local tribes were divided among the maritime coastal groups and those that were nomadic and land-bound, and conflict among these groups occurred in parallel with the larger European conflicts also playing out in the region. The intersection of the two came with the increase in piracy, which, in very basic terms, represented a kind of cultural disagreement on trade customs. The Europeans felt that they were unjustly looted and local groups simply sought to protect themselves from foreign incursion while taking what they believed was their share. Historians still debate this issue today, but in relation to Dubai, the piracy of the times serves as an example of how looser understandings of the licit and illicit, particularly in terms of trade, could be capitalized upon as business venture. The smuggling of gold, weapons, and other goods throughout Dubai's history may have been seen as illicit from perspectives outside Dubai's ports, but the merchant-friendly environments of these ports and the adherence to local autonomy allowed them to trade freely.
Topic:
Economics, International Trade and Finance, and Oil
Political Geography:
Europe, India, Arabia, and Dubai