Hardcover

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Oil and gas development in the Gulf Cooperation Council countries has led to a rapid rise in economic prosperity, but due to shortages in skilled and unskilled labour, foreigners were recruited to help build these economies.

More recently, however, political, economic, and demographic issues have made it more difficult to employ expatriates when many GCC nationals remain unemployed. Governments have responded by introducing programmes to replace expatriate workers and create new employment opportunities for citizens while also diversifying national economies. Localisation is one of the main challenges facing GCC countries as they strive to replace expatriate workers by creating quality jobs for their citizens.

This book is divided into two parts. The first part explains the situation in the context of capital theory: economic, human and social. It reviews GCC-related economic theories about globalisation, followed by an explanation of human capital to understand the value of skills and knowledge to individuals and countries. Analysis of social capital reveals the structure of tribes and families, and how self-perception and status are absolutes rather than viewed as a process of attainment.

The second part of the book is a workplace handbook, based on empirical study, for private and quasi-public sector organisations to analyse recruitment practices, workplace conditions, and employee attitudes and aspirations.

The main purpose of this book is to encourage public and private entities to encourage young people to achieve and thus support capital growth in the GCC.

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