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Curriculum The Middle East & Gulf Economies

The Middle East & Gulf Economies

Oil wealth, sovereign funds, migrant workers and diversification plans - how the Gulf states, Israel, Egypt, Iran and Türkiye run their economies, and their deep ties with India.

  1. The Gulf Economies: Oil Wealth and Beyond How six small Gulf states became some of the richest countries in the world on oil and gas, and why they are racing to build other industries. 📄 Read-aloud
  2. How Oil Shapes Gulf Government Budgets Why Gulf governments watch the oil price so closely, what a fiscal breakeven price is, and how they cushion themselves against price swings. 📄 Read-aloud
  3. Saudi Arabia's Vision 2030 The sweeping plan launched in 2016 to reduce Saudi Arabia's dependence on oil, its giant projects and reforms, and the doubts about what it can achieve. 📄 Read-aloud
  4. Dubai: Building a Hub Without Oil How Dubai, with little oil of its own, became a global centre for trade, aviation, tourism and finance. 📄 Read-aloud
  5. Migrant Workers in the Gulf Why millions of workers from India and other countries work in the Gulf, how the sponsorship system shapes their lives, and recent reforms. 📄 Read-aloud
  6. Gulf Sovereign Wealth Funds How Gulf states invest oil and gas surpluses around the world through some of the largest investment funds ever created, and why. 📄 Read-aloud
  7. The Middle East & Gulf Economies: Checkpoint 1 Quick checkpoint - five questions on Gulf oil wealth, budgets, Vision 2030, Dubai and migrant workers. 5 questions
  8. Israel's Technology Economy How Israel built one of the world's most concentrated technology and start-up sectors, and the factors economists credit and question. 📄 Read-aloud
  9. Egypt: Subsidies, Suez and Devaluation The economy of the Arab world's most populous country, from bread subsidies and the Suez Canal to repeated currency crises and IMF programmes. 📄 Read-aloud
  10. Iran's Economy Under Sanctions How international sanctions have shaped Iran's oil-dependent economy, its high inflation and its currency, and how the economy has adapted. 📄 Read-aloud
  11. Türkiye's Inflation Experiment How Türkiye cut interest rates while inflation soared, what happened to the lira, and the sharp policy reversal that followed. 📄 Read-aloud
  12. India and the Gulf: Oil, Workers and Trade How India and the Gulf states are linked through energy, millions of migrant workers, remittances, trade and investment. 📄 Read-aloud
  13. Desalination and the Economics of Water in the Gulf How the Gulf states, among the most water-scarce places on Earth, rely on turning seawater into drinking water, and the costs and risks involved. 📄 Read-aloud

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