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Title: Qatar: Energy and development

Book ·
OSTI ID:5931138

Despite the traumas that have been experienced in the Arabian Gulf over the past five years, Qatar has been remarkably successful in smoothing the transition of its economy from recession and oil glut to recovery and stabilization. This book examines the characteristics of Qatar's economic and social development that have assisted this process. These characteristics include; moderation in the development policy and the avoidance of excessive haste; a cohesive sense of political identity; and a relatively well educated labor force derived from an educational program that was in place prior to the oil boom. Qatar has also maintained a moderate policy within OPEC. During the price hikes of 1979-80, caused by cutbacks in Iranian exports, Qatar maintained its policy of restraint; this was an important factor in permitting Qatar to confront the substantial drop in oil-generated revenues faced by all the oil exporters in 1982-84.

OSTI ID:
5931138
Country of Publication:
United States
Language:
English