The	Gulf	Cooperation	Council:	A	Rising	Power	and	Lessons	for	ASEAN

The Gulf Cooperation Council: A Rising Power and Lessons for ASEAN

by Linda Low

The Gulf Cooperation Council (GCC) is comprised of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Possessing a significant share of the world's oil and gas reserves and including some of the world's fastest growing economies, the GCC is a significant regional grouping. As with the Association of Southeast Asian Nations (ASEAN), the Council has made significant progress towards economic integration. Seeking to draw out lessons applicable to ASEAN, this report looks at the structure and evolution of the GCC. This includes the context within which the Council was established, its rationale, and economic importance. It then follows the organization's development over time, paying particular importance to its progress from Customs Union and Common Market towards Monetary Union. The report then sets out the key challenges ahead for the Council, and concludes by highlighting the structural, organizational, and political lessons that resonate with ASEAN and its membership.

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Product Details

  • Number of Pages : 72
  • Publisher : Institute of Southeast Asian Studies
  • Weight : 156g
  • Product Code : 9789814311403
  • Dimension : 148 x 210 mm

About Author

Linda Low

Linda Low is Head of Strategic Planning at the Department of Economic Development in the Abu Dhabi Government, United Arab Emirates (UAE).