Gregg Carlstrom

speaker

496 appearances 6 recordings 1 series first heard May 2026 last heard 21 Jul

Gregg Carlstrom’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 6 in all, peaking in Jun 2026 with 3.

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The Intelligence from The Economist · Gulf-co-operation counsel: what next for the region · 30 Jun 2026 podcast

Population. matched

They have lots of fiscal firepower to prop up their economy, to offer incentives to try and woo back tourists and business travelers, and they have alternatives to the Strait of Hormuz. matched

They're planning to expand ports and build new pipelines and look for ways to bypass the strait. matched

So they're in a much better position than a country like Bahrain, which went into the war with one of the highest debt. matched

To GDP ratios in the world with limited foreign reserves, those problems have been exacerbated by the war. matched

Bahrain hasn't been able to export oil, which has strained its finances. matched

It's probably going to rely on bailouts from its Gulf neighbors for some time to come now. matched

And so I think it's going to be very difficult for Bahrain to try and grow its economy going forward. matched

And then you have a lot of countries that are somewhere in the middle. matched

And I think what we've seen over matched

Over the past four months, particularly because those countries don't have alternatives to the Strait of Hormuz. matched

I think it's going to make it harder for them to position themselves as tourism hubs or hubs for business or look for ways to diversify away from hydrocarbons. matched

So in a matched

It's going to speed them up and it's going to perhaps take them in a different direction. matched

I think one lesson for the Gulf from these past few months is they need to invest a lot more money in strategic sectors to try and mitigate this newfound risk that they face. matched

So I think you're going to see a lot of investment in defense, in logistics, building these ports and pipelines and things to bypass the Strait of. matched

Hormos, food security is going to be a big conversation, hydroponic farms and other ways to try and grow food. matched

I think you're going to see a lot of money pouring into that, and probably less money going into ski resorts in the desert and sci-fi cities on the Red Sea coast and the sorts of things that they were focused on before. matched

The other lesson from this, and it's one that I'm skeptical the Gulf states will actually learn, is that matched

that they need to be more united going forward. matched

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