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Title: Qatar: development of an oil economy

Abstract

Since black gold catapulted the oil-producing countries into the limelight of the international political and economic scene, there has been a proliferation of studies on the larger exporting states, neglecting many of the small countries like Qatar. A detailed examination of the bases and extent of economic development in Qatar and consideration of the need to translate the petroleum-generated growth into viable, self-sustained development is presented for the first time. Qatar was first in the field of oil development and exhibits a number of special features not shared by its Gulf neighbors: in pre-oil boom days it was already in advance of many other Gulf states in the field of education; it has a modest agricultural sector and there is a comparatively strong attachment to the land; and it has played an important role in the Organization of Petroleum Exporting Countries (OPEC) as a member of the moderate price camp. The individual chapters trace the development of the oil industry, outline public financing and economic policy and sketch the issues involved in industrialization, absorptive capacity, and agricultural development. Examination is made of the social and physical infrastructure as well as money and banking, and the international linkages in trade, foreignmore » aid, economic co-operation efforts and investment opportunities are elucidated. Planners in Qatar know that their revenue base in petroleum is finite, and thus investment of present surplus needs careful planning. Government priorities are outlined and areas for future investments are suggested.« less

Authors:
Publication Date:
OSTI Identifier:
5245994
Resource Type:
Book
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; 02 PETROLEUM; QATAR; ECONOMIC DEVELOPMENT; DEVELOPING COUNTRIES; ECONOMIC POLICY; GOVERNMENT POLICIES; INVESTMENT; PETROLEUM INDUSTRY; PLANNING; ASIA; INDUSTRY; MIDDLE EAST; 294002* - Energy Planning & Policy- Petroleum; 020700 - Petroleum- Economics, Industrial, & Business Aspects

Citation Formats

El Mallakh, R. Qatar: development of an oil economy. United States: N. p., 1979. Web.
El Mallakh, R. Qatar: development of an oil economy. United States.
El Mallakh, R. 1979. "Qatar: development of an oil economy". United States.
@article{osti_5245994,
title = {Qatar: development of an oil economy},
author = {El Mallakh, R},
abstractNote = {Since black gold catapulted the oil-producing countries into the limelight of the international political and economic scene, there has been a proliferation of studies on the larger exporting states, neglecting many of the small countries like Qatar. A detailed examination of the bases and extent of economic development in Qatar and consideration of the need to translate the petroleum-generated growth into viable, self-sustained development is presented for the first time. Qatar was first in the field of oil development and exhibits a number of special features not shared by its Gulf neighbors: in pre-oil boom days it was already in advance of many other Gulf states in the field of education; it has a modest agricultural sector and there is a comparatively strong attachment to the land; and it has played an important role in the Organization of Petroleum Exporting Countries (OPEC) as a member of the moderate price camp. The individual chapters trace the development of the oil industry, outline public financing and economic policy and sketch the issues involved in industrialization, absorptive capacity, and agricultural development. Examination is made of the social and physical infrastructure as well as money and banking, and the international linkages in trade, foreign aid, economic co-operation efforts and investment opportunities are elucidated. Planners in Qatar know that their revenue base in petroleum is finite, and thus investment of present surplus needs careful planning. Government priorities are outlined and areas for future investments are suggested.},
doi = {},
url = {https://www.osti.gov/biblio/5245994}, journal = {},
number = ,
volume = ,
place = {United States},
year = {Mon Jan 01 00:00:00 EST 1979},
month = {Mon Jan 01 00:00:00 EST 1979}
}

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