Energy productivity, the new frontier for GCC countries
The recent decline in oil price – the largest in terms of annual average when compared to those of 1986 and 2009 – turned the 2014 budget surplus for Gulf Cooperation Council (GCC) countries into a deficit of about 8 per cent of combined GDP in 2015, according to the International Monetary Fund (IMF...
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| Format: | Journal article |
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Oxford Institute for Energy Studies
2015
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