Question

Zain and issues related to the countries of the Gulf Cooperation Council:

Economic issue:

Political:

Social issue:

Answer 1

The gulf of cooperation council (gcc) is a regional political and economical intergovernmental union consisting of kuwait, saudhi arabia, oman, bahrain, qatar, saudi arabia and UAE except iraq.

Social issues

Governments in the Gulf face the biggest economic challenges nowadays. It poses a problem with the job ratio between indigenous young people and the millions of people who migrated to the area, with rapid population growth and relative strain on a very unique productive system. At the same time, a successful renegotiation of social bargaining could weaken the stability and legitimacy of national governments at the local level.

Political issues

U.S president Donald trump will move the U.S embassy in Israel from Tel Aviv to Jerusalem. It raises the sense of alienation that many in the Middle East feel about the anti-Iran front forged by Riyadh with the White House of Trump and the government of Netanyahu.Riyadh's inability to bring an end of self imposed conflicts over Yemen and Qatar as well as push lebanon away from Iran, reflects a strategic ineptitude to devise a wise and workable containment policy towards an expansive Iran

Economical issues

Elimination of budget deficits and structural improvements in budget, supported by an appropriate monetary policy. Market-based policies and structural reforms aimed at promoting the operation of the private sector , especially with regard to the initial dampening effect of fiscal correction and the reduction of subsidies and protection measures.