Integrating, not Integrated: A Scorecard of GCC Economic Integration

By Hatem Samman, Richard Shediac, Parag Khanna, and Taufiq Rahim

The Gulf Cooperation Council, consisting of six dynamic yet relatively small economies, is in an excellent position to realize the benefits of economic integration. This Ideation Center Insight analyzes integration efforts in the GCC along five dimensions: a monetary union; customs and borders; intra-regional investment; joint infrastructure; and knowledge cooperation.