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Qatar: economy modernization in the current stage
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Qatar: economy modernization in the current stage
Annotation
PII
S032150750009091-2-
DOI
10.31857/S032150750009091-2
Publication type
Article
Status
Published
Authors
Vladimir Isaev 
Occupation: Professor, Institute of Asian and African Studies, Lomonosov Moscow University
Affiliation: Lomonosov Moscow State University
Address: Russian Federation, Moscow
Alexander O. Filonik
Occupation: Leading Research Fellow, Institute of Oriental Studies. Russian Academy of Sciences
Affiliation: Institute of Oriental Studies, Russian Academy of Sciences
Address: Russian Federation, Moscow
Edition
Issue 4
Pages
42-49
Abstract

The article analyses problems of building-up the contemporary Qatari economy resting on the earlier accumulated petrodollars ensuring further development of the country including the post-oil era. In this regard the plans of the Qatari’s leadership related to the implementation of socio-economic reforms, laid out in the Vision 2030 are under study. The article debates the strategy of economic growth motivating overhaul development of both national banking system and infrastructure that made it possible to put their actives in line with the traditional source of capital increase associated with the extraction and export of oil and gas. The article  deals  with  economic  methods  embraced  by  this  modest-sized  monarchy  in  the  Persian  gulf  area  that  have  helped  the government in building-up highly efficient reproduction system mainly capable to secure goals of socio-economic development of Qatar. Such a success was achieved by the country not only due to the gigantic reserves of energy material, but by the motif-based policy in modernization of national economy as well. Owing to the acquired advantages the country has managed to set itself as one of the main suppliers of the liquefied gas to the world market and to address additional financial resources with the purpose to speed up modernization of the socio-economic structure of the state.

Keywords
Qatar, oil and gas industry, petrodollars, national economy, Vision 2030, socio-economic reforms
Date of publication
29.05.2020
Number of purchasers
36
Views
4861
Readers community rating
0.0 (0 votes)
Previous versions
S032150750009091-2-1 Дата внесения правок в статью - 04.04.2020
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References

1. Isaev V.A., Filonik A.O. 1999. The State of Qatar: Problems of Development. M. (In Russ.)

2. Qatar National Development Strategy. 2011-2016. Towards Qatar National Vision 2030. Doha, March 2011.

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4. Qatar National Development Strategy. 2011-2016. Towards Qatar National Vision 2030. Doha, March 2011.

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8. Isaev V.A., Filonik A.O. 2015. Qatar. Three Pillars of Growth. M. (In Russ.)

9. Qatar National Vision 2030. Doha, March 2011.

10. ТАSS, 5 June 2017 (In Russ). tass.ru/info/4314685 (accessed 29.03.2020)

11. Russian Council of Foreign Affairs. Prospects of the co-operation between Qatar and Syria after the And of the civil War (In Russ). russiancouncil.ru/analytics-and-comments/columns/middle-east/perspektivy-sotrudnichestvakatara-i-sirii-posleokonchaniya-grazhdanskoy-voyny (accessed 30.03.2010)

12. REN.TV, news, 7 April 2018 (In Russ). ren.tv/news/v-mire/291250 (accessed 30.03.2020)

13. TASS, 19 June 2018 (In Russ). tass.ru/ekonomika/5304693 (accessed 31.03.2020)

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