Oil Shocks and Tax Reforms Reshape Gulf Economies, Reveal Computable Model
This research used computer models to study how economic policies affect countries in the Gulf Cooperation Council (GCC). They looked at topics like trade, taxes, and energy policies. These models helped understand how policies impact different parts of the economy, like spending and trade. Although not much research has been done on this topic in the GCC countries, their governments find these models very useful for making economic decisions.