The Omani and Bahraini Paths to Development: Rare and Contrasting Oil-based Economic Success Stories
نویسندگان
چکیده
Oman and Bahrain are Middle Eastern success stories. There are some key similarities. Both have followed pragmatic development strategies built on a stable foundation of strengthened governance structures and enhanced economic liberalization. These improvements occurred in somewhat different settings, with Oman developing in a more authoritarian environment, whereas Bahrain enjoyed greater democracy but somewhat less stability. While both countries have relied on oil revenues to support their development efforts, it appears that, in contrast to their less successful oil producing neighbours, each country had just enough oil to do some good, but not enough to do serious damage.
منابع مشابه
Determinants of success in a job career at National Iranian Oil Company
A career path is defined as a set of jobs taken by an individual over his/her career. The success of a career path is measured by subjective and objective satisfaction. Although the success of a career path is important by itself, it is more important for organizations to know what factors influence career paths so that they can improve human productivity and develop a satisfied human resource....
متن کاملTechnical and Economic Evaluation of Oil reservoirs in The Form of Optimal Management of Reservoir Development (Case Study of Asmari reservoir in One of Iranian southwest Oil Fields)
Technical and economic evaluations in an oil field means that by different technologies and correct planning, maximize the amount of extraction of hydrocarbons and minimize risks and costs. The current research includes technical evaluation and economic analysis on one of the undeveloped reservoirs in the southwest of Iran. The amount of recoverable hydrocarbon was estimated using the Monte Car...
متن کاملInvestigating the Effects of Contractual Factors and Arrangements on the Optimum Level of Production in Oil and Gas Projects: Evidence from the South Pars Phases 17 & 18
D evelopment of oil and gas fields is facing many risks, which are mainly due to uncertainties about the existence of commercial reserves, natural and economic environment, political conditions of host countries, legal and infrastructure issues and a market for petroleum products. In such an environment, investors are often engaged as contractors to develop and operate petroleum proj...
متن کاملSustainability in Arab Countries: An Investigation of the Relationship Between Economic Development and Energy Consumption
Sustainability in 19 different Arab countries has been studied through investigating the relationship between economic development and energy consumption. Data collected has been studied as a whole (Total countries data) and as segregated data (Oil exporting and Oil importing countries data) i.e. three categories. The regression model used measures the effect of independent and control variable...
متن کاملThe Fifth International Starch Technology Conference
Fuel ethanol is one of the technology success stories of the 21 century. In less than one third of a century, it has gone from being a material produced rather inefficiently in small quantities to a major commercial product. This success can be attributed not only to the fact that ethanol is a renewable fuel and replaces imported oil, but also because it is capable of competing with petroleum b...
متن کامل