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Over the next decade, as the GCC population soars by 30% to over 50m people, the Gulf region will see an increasing strain on its supplies of electricity, food and water. The ways in which the region faces up to these challenges will have a major impact on its prosperity and quality of life, not only in 2020 but in the decades to come. This report addresses the outlook for these key resources in the next decade, and explores policy options to ensure that supply keeps up with demand. The report also addresses the challenges in carrying out such policies, including funding massive new infrastructure and shaping public attitudes to encourage conservation. Many of these challenges are well known to the region's governments, which have already started to take the needed steps. While much remains to be done, the young populations and significant capital resources of the GCC states are key advantages.
The GCC in 2020: Resources for the future is a research paper written by the Economist Intelligence Unit. It was sponsored by the Qatar Financial Centre (QFC) Authority in the interest of promoting informed debate. The Economist Intelligence Unit bears sole responsibility for the content of this report. The author was Jane Kinninmont and the editor was Aviva Freudmann.
The findings are based on two strands of research:
Analysis of resource requirements and supplies, drawing on Economist Intelligence Unit data and other data sources.
A programme of in-depth interviews with economists, academics and other leading experts in the region's resource requirements. The participants in the in-depth interview programme are listed in the appendix to this report. Our sincere thanks go to all interviewees for sharing their insights on this topic.