Qanas, J. orcid.org/0000-0002-8528-8976 and Sawyer, M. orcid.org/0000-0002-4565-5276 (2025) Navigating the Energy Transition in the Gulf Cooperation Council (GCC) States: The Role of Industrial Policies in Fostering Sustainable Economic Competitiveness. Review of Political Economy. ISSN: 0953-8259
Abstract
The Gulf Cooperation Council (GCC) states have relied on their abundant oil and gas resources, which have shaped their economic and social structures. The comparative advantage of the oil/gas sectors encouraged the development of those sectors, but other sectors (actual or potential) suffered from comparative disadvantage and shrank or did not develop. The potential of industrial strategy in driving the energy transition and promoting sustainable economic competitiveness in the region is explored. Shifting from a rentier state perspective to a more developmental and entrepreneurial approach, this paper examines the range of economic and industrial policies the GCC states could adopt to facilitate the energy transition. The energy transition requires the identification of potential industries and sectors that can provide the GCC states with competitive advantages. The industrial policy framework must prioritize local content development, skill enhancement, and knowledge transfer to ensure a successful transition.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2025 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any way. The terms on which this article has been published allow the posting of the Accepted Manuscript in a repository by the author(s) or with their consent. |
Keywords: | Industrial policy; energy transition; sustainable development; economic competitiveness |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Economics Division (LUBS) (Leeds) |
Date Deposited: | 07 Oct 2025 09:42 |
Last Modified: | 07 Oct 2025 09:42 |
Published Version: | https://www.tandfonline.com/doi/full/10.1080/09538... |
Status: | Published online |
Publisher: | Taylor & Francis |
Identification Number: | 10.1080/09538259.2025.2559686 |
Related URLs: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:232488 |