International changes and their impact on foreign direct investment in Gulf Cooperation Council

Abstract

The six Gulf Cooperation Council (GCC) play an important role in the international economic balance and in side of energy security through with its strategic geographic location, and oil and gas riches, as well as other cultural and civilizational elements, and it was natural because of its these countries feature in the field fossil energy (oil and gas) that this sector becomes more attractive for local and international investments alike, because it is a sector leader in the economic development process of the basic factor to achieve financial savings and surpluses in these countries for more than several decades ago.العدد الجالح والصبعوى مجلة ديالى / 7102622But with the attempts of several Gulf countries to diversify their economies structures and reduce dependence on the extractive sector in the areas of energy (oil and gas), these countries began to encourage foreign investment and a serious attempt to reforms in the economic, legal and administrative systems to Taatbu high on the global indicators such as index (doing business and global competitiveness, etc.) Some of these countries have succeeded in finding sectors attract foreign investment as a sector construction and the creation of free zones to attract investment to these areas.With the relentless pursuit of these countries, and despite the successes and numerous formula but it remains the role of external factors is important, some unexpected economic and Besbgtha exceed the effects and repercussions Arab region (such as the global economic crisis, 2008), and some of that is linked to the regional our region and growing her dependents Besbgtha geopolitical like (Iran's nuclear file possible) and its implications, and some of them what is an emerging and complex and Besbgtha geostrategic (such as the Arab Spring events and the Syrian crisis in particular), and all these and other factors, which also extends to other factors that may be linked to technological developments or global policies towards the environment, will leave its impact is clear and frank often the question of the direction of foreign investment flows to the Gulf states.In this paper, we try to address new variables on FDI in the Gulf Cooperation Council (GCC), and in particular the implications of international economic, political and other changes in the last decade. Presumably researcher that there are many factors that affect the investment climate in the Gulf Cooperation Council (GCC) which are internal and some of which is external, and whatever the hierarchy of high and advanced by any State on the ladder of the world rankings for countries with attractive investment environment, whatever the structural reforms and kind, whether economic or legal administrative or other, it remains to external factors and changes of the international dimensions of their effects Allamtoqah and sometimes out of control at other times.