COVID-19, Oil Price Contraction and Energy Transition: Implications for the GCC states and Europe

This paper explores how the contraction of traditional energy revenues, combined with the effects of combating the variety of challenges posed by COVID-19, are likely to influence previous approaches to plans for economic diversification in the Gulf states. The paper considers not only the direct economic impacts of this moment of generational change, but also broader potential consequences for the region and, in particular, to consider what influence this could have on current and future relations between Europe and the Gulf.

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