Industrial Relations in the GCC

Paper Summary:

This paper discusses a case study that centers on industrial change and management thereof within the context of the Gulf Cooperation Council (GCC). Industrial change is seen as central not only to achieving international economic and financial integration but also at ensuring local and regional quality of life and living standards by developing effective measures to protect indigenous industrial competitiveness.

From the Paper:

"The New York Analyzing Group (NYAG) has identified the various aspects of industrial change (IC) in relation to political, financial, technology, and global competition as being of central importance to the Gulf Cooperation Council (GCC) region and its ability remain relevant in the 21st century (1998, para.2). Managing IC within this context is the main predictor of how the GCC performs economically over the next 20 years because IC integration within economic regions and within industries is critical to future success in economically integrated zones: The emergence and growth of European monetary integration also has implications for the role and scope of positive industrial policy. "

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