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VOL. 11, ISSUE 6 (2025)
Economic transformation in West Asia: Diversification strategies and climate-driven development imperative
Authors
Mohammad Naasir Jamal
Abstract
The historical process of the economic development of West Asia has
been complicated because of both the ancient trade civilizations, the rise of
the hydrocarbon as well as new policy of the diversification. Being one of the
historical geographic locations connecting Asia, Africa and Europe, the
economic cycle of the region radically changed with the process of oil
discovery that triggered the rapid modernization and nation-building. However,
the hydrocarbon sector remains the core of it, however, during the last
decades, the states of the Gulf Cooperation Council (GCC) tried to diversify
their economy in terms of tourism, finance, logistics, technology and renewable
energy. However, the state of development in the whole region is uneven due to
political unrest, war, and bureaucratic constraints of such nations as Syria,
Yemen, and Iraq. The economic planning and sustainability are still under the
influence of the pressing problems of the climate stress, unemployment of the
youth, demographic pressures, and geopolitical tensions. The invention of
vision based national plans, human capital investment, and the green
transitions are indicators of how the region is keen to remodel the economic
face and reduce its resource dependencies. Generally, West Asia is a cross-road
and the financial feasibility of the area will be decided through political
governance reforms, regional integration, technological development, and
sustainable growth oriented towards the global change.
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Pages:118-125
How to cite this article:
Mohammad Naasir Jamal "Economic transformation in West Asia: Diversification strategies and climate-driven development imperative". International Journal of Humanities and Social Science Research, Vol 11, Issue 6, 2025, Pages 118-125
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