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Qatar's sizeable oil and natural gas reserves have underpinned its rapid economic growth over the past two decades. Home to the world's largest non-associated gas field, the country is the world's fourth-largest producer of dry natural gas and the largest producer of liquefied natural gas, with hydrocarbons revenues forming the bulk of national income as a result. Although the drop in global energy prices has impacted export revenues, rigorous economic diversification drives in recent years have paid dividends, and in 2015 non-hydrocarbons growth reached 7.7%, compared to a 0.1% contraction for hydrocarbons growth during the same period. The country's financial sector has continued to evolve; Islamic banking in particular has witnessed significant progress. Meanwhile,
Qatar’s sizable oil and natural gas reserves have underpinned its rapid economic growth over the past two decades. Home to the world’s largest non-associated gas field, the country is the world’s fourth-largest producer of dry natural gas and the largest producer of liquefied natural gas, with hydrocarbons revenues forming the bulk of national income as a result. Although the drop in global energy prices has impacted export revenues, rigorous economic diversification drives in recent years have paid dividends, and in 2015 non-hydrocarbons growth reached 7.7%, compared to a 0.1% contraction for hydrocarbons growth during the same period. The country’s financial sector has continued to evolve; Islamic banking in particular has witnessed significant progress. Meanwhile, as the country gears up to host several important sporting events in the coming years, most notably the 2022 FIFA World Cup, numerous big-ticket infrastructure builds continue to expand the construction sector.
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
In 2018 the Indonesian economy recorded a growth rate of 5.2%, the highest in five years. This was in spite of a slump in the rupiah and a trade imbalance, and took place against a backdrop of rising US interest rates and deteriorating trade relations between the world’s two biggest economies. The country’s emphasis on industrialisation and infrastructure development is laying the foundations for continued economic growth. Moreover, the archipelago’s growing middle class population, geographical position and human capital development agenda, alongside progress in free-trade agreements, make it a strong contender on the global economic stage. The country holds considerable potential for developing entrepreneurial and creative prowess, already being home to four unicorn startups. Investors have continued to look beyond traditional destinations, with emerging cities like Surabaya and Palembang showing strong possibilities for economic growth. Although the outcome of the April 2019 national election will determine the course of further infrastructure development and tax reforms, the future looks promising, with predictions of continued growth accompanied by stable inflation.
This book discusses the rapidly growing interest in economic diversification through partnerships between industry, university and government (IUGP), with a focus on the economic diversification of the state of Qatar. It provides a comparative account of the knowledge ecosystem in the USA, Norway, Singapore and Qatar, and offers an evolutionary, national economic-transformational perspective on legislation, institutional and cultural settings, intermediary structures, and support programs. Providing a broad overview of the knowledge ecosystems in these countries, it is suitable for readers at various learning levels. It also includes case studies and a concise comparison of the Global Innovation Index (GII) of the four countries, and explores in detail the under-par comparative performance of Qatar, revealing that the country is still at the engagement level of IUGP. Further, it proposes evidence-based recommendations and strategies, making it a valuable resource for researchers, graduate students and policymakers.
This book critically engages with the concepts of small states and soft power and advances a new approach to defining small states, a new conceptualisation of soft power, and a method for empirically analysing the exercise of soft power. It revisits the concepts of small states and soft power with a focus on Bhutan and Qatar and their approach to exercise soft power to achieve their foreign policy goals. Building on two main perspectives to define small states – the objective approach and the subjective perspective – this book offers an intersubjective approach to define states as small. The intersubjective approach requires a shared understanding between states that a certain state is small. The book further highlights the importance of deconstructing the meaning of size and to separate the notion of size from the concept of power because size is not always indicative of power. It argues that although small states tend to have fewer material resources than large states, they nevertheless can have influence through the exercise of soft power. Soft power is in this book defined as the ability of an actor to convince another actor that something is true. Convincing deals with the beliefs of an actor and is a mental decision rather than a physical action. This book argues that the exercise of soft power can be analysed through examining the development, projection, and reception of identities. The findings of this book show that Bhutan was more successful than Qatar in exercising soft power and explains the reasons for this variation. Aimed at a multidisciplinary audience, this book will be of particular interest to practitioners, scholars, and students of International Relations, Political Power, Small States, and Area Studies.
Under the Action 13 Minimum Standard, jurisdictions have committed to foster tax transparency by requesting the largest multinational enterprise groups (MNE Groups) to provide the global allocation of their income, taxes and other indicators of the location of economic activity. This ...
This book provides an overview of the origins, repercussions and projected future of the ongoing Gulf crisis, as well as an analysis of the major issues and debates relating to it. The Gulf region witnessed an extraordinary rift when, on 5 June 2017, Saudi Arabia, the United Arab Emirates and Bahrain cut all diplomatic ties and imposed a siege on the State of Qatar following the hacking of the Qatar News Agency website. This book approaches the Gulf crisis from an interdisciplinary perspective by bringing together a group of top scholars from a wide range of disciplines and areas of expertise to engage in a nuanced debate on the current crisis. With the pressing role of media in general and social media in particular, new political realities have been created in the region. The book addresses the role that cyber and information security play on politics, as well as the shift of alliances in the region as a result of the crisis. It scrutinizes the role of media and information technology in creating political cultures as well as conflicts. The book also explores the long-term economic implications of the siege imposed on Qatar and identifies how the country's economy is adjusting to the impact of the siege. Thus, the book considers the extent of social and economic changes that the crisis has brought to the region. This book invites in-depth understanding of the regional crisis and its implications on nation building and the reconfiguration of political and economic alliances across the region. It will appeal to a broad interdisciplinary readership in the area of Gulf studies.
Science, Technology, Innovation, and Economic Growth in Arab Countries explores fresh approaches to STI policy formulation and implementation in the region, with applications to developing countries elsewhere. Developing useful contexts for studying Arab policies about science, technology, and innovation requires trustworthy data and judgment. Omar Bizri brings together both in this book. Data from sources such as the World Bank, UNESCO, the International Telecommunication Union, Nature, Science and recent surveys and policy formulation initiatives anchor this study among national initiatives that focus on essential needs, including safe water and food production, renewable energy utilization, and job and enterprise creation. For those eager to understand the challenges of STI capacity building, this book explores the many connections between technological change and economic growth. - Presents and analyzes data about past, current and proposed efforts aimed at STI capacity building in Arab countries - Emphasizes demand-driven policies for promoting rapid infrastructure and endogenous STI capacity building, as well as job creation - Explores ways to enhance STI capacity building efforts through community-based and national initiatives - Includes data from sources such as the World Bank, UNESCO, the International Telecommunication Union, Nature, Science and recent surveys