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After nearly 50 years of growth, the debate continues, particularly among Gulf citizens, about the nature of GCC economies. The question is: are they still considered ‘rentier’ states as they were five decades ago? Or have significant changes taken place, marked with a shift towards economic diversification and a reduction in reliance on oil?
What makes it easy to answer this important point is the fact that economics does not rely only on theoretical analysis, as with other human sciences, but…