• Login
    View Item 
    •   Home
    • Natural Science, Math and Tech Unit (NSMTU)
    • Articles
    • View Item
    •   Home
    • Natural Science, Math and Tech Unit (NSMTU)
    • Articles
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

    All of Effat University RepositoryCommunitiesPublication DateAuthorsTitlesSubjectsPublisherJournalTypeDepartmentThis CollectionPublication DateAuthorsTitlesSubjectsPublisherJournalTypeDepartmentProfilesView

    My Account

    Login

    Statistics

    Display statistics

    Coping with Covid-19 Economy in The GCC Countries

    • CSV
    • RefMan
    • EndNote
    • BibTex
    • RefWorks
    Author
    Albadi, Assel
    Brahimi, Tayeb cc
    Subject
    Economic growth
    Fiscal deficit
    GDP
    oil prices
    COVID-19
    Date
    2021-05-07
    
    Metadata
    Show full item record
    Abstract
    This paper examines how the GCC countries are dealing with COVID-19. This paper shows how this outbreak creates difficult conditions for the economy of the GCC countries. From February 2020, the number of confirmed cases continues to increase around the globe. This pandemic situation creates a very alarming situation for the economic cycle. GCC countries depend on hydrocarbon exports, and this outbreak not only reduces the epidemic but also reduces oil prices. In this situation, the GCC countries have a considerable challenge to maintain growth. As a matter of concern, this paper examines how the GDP of the GCC countries has decreased and how demands and supply shortages are occurring. The decrease in oil prices indicates that it takes time to cover these circumstances. Research also suggests that it seems difficult for oil prices to reach $45 per barrel. This pandemic is reducing travel, and this is the main cause of this shortfall. Thus, in this case, the GCC countries must manage the fiscal deficit with a fiscal stimulus. The government is already working on public financing and is providing a fiscal stimulus to the industry.
    Department
    NSMTU
    Publisher
    PalArch
    Journal title
    PalArch’s Journal of Archaeology of Egypt
    Collections
    Articles

    entitlement

     
    DSpace software (copyright © 2002 - 2023)  DuraSpace
    Quick Guide | Contact Us
    Open Repository is a service operated by 
    Atmire NV
     

    Export search results

    The export option will allow you to export the current search results of the entered query to a file. Different formats are available for download. To export the items, click on the button corresponding with the preferred download format.

    By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.

    To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export. The amount of items that can be exported at once is similarly restricted as the full export.

    After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.