BAHRAIN. RELYING NOT ONLY ON OIL...
The monograph by Russian orientalists V. A. Isaev and A. O. Filonika is the first work in our country in the last 30 years devoted to the Kingdom of Bahrain, a small island state located in the middle part of the Persian Gulf ("The Kingdom of Bahrain. Experience of development in the context of changing resource orientation", Moscow, Institute of Oriental Studies of the Russian Academy of Sciences, Institute of the Middle East, 2006, 292 p.). Bahrain is not a "heavyweight" in the Gulf Cooperation Council and its economic potential is largely inferior to its other members - Saudi Arabia, the United Arab Emirates, Kuwait, Qatar and Oman. Bahrain has a population of 0.7 million people, GDP per capita at the end of 2005 was 15.4 thousand US dollars (4th place after Qatar, Kuwait and the United Arab Emirates), the country has natural resources: oil reserves are estimated at 30 - 35 million tons, natural gas-14-16 billion cubic meters (p. 13 - 14). The main section of the book is devoted to economic topics. The famous natural Bahraini pearls, on which merchant clans made substantial fortunes, in the early 30s of the XX century. it has lost the palm to oil and gas, whose reasonable and efficient operation has put the country on the path of stable economic growth. The ruling circles of the country realized in a timely manner (earlier than it did in other monarchies of Arabia) that relying solely on the "oil component" in development limits the opportunities for growth (p.45). A policy of diversification of the national economy was proclaimed. The monograph fairly fully reflects the main stages, directions and ways of implementing this policy. According to the authors, the peculiarities of the Bahraini economy - cheap electricity, serious investment opportunities, including the resources of donor countries (Saudi Arabia, Kuwait, and the United Arab Emirates), and limited local skilled labor resources-dictated an energy-and capital - intensive, but labor-saving development pa ... Read more
____________________

This publication was posted on Libmonster in another country. The article seemed interesting to our editor.

Full version: https://libmonster.com/m/articles/view/BAHRAIN-RELYING-NOT-ONLY-ON-OIL
Eesti Online · 247 days ago 0 83
Professional Authors' Comments:
Order by: 
Per page: 
 
  • There are no comments yet
Library guests comments




Actions
Rate
0 votes
Publisher
Eesti Online
Tallinn, Estonia
22.06.2023 (247 days ago)
usa
Link
Permanent link to this publication:

https://library.ee/blogs/entry/BAHRAIN-RELYING-NOT-ONLY-ON-OIL


© library.ee
 
Library Partners

LIBRARY.EE - Digital Library of Estonia

Create your author's collection of articles, books, author's works, biographies, photographic documents, files. Save forever your author's legacy in digital form. Click here to register as an author.
BAHRAIN. RELYING NOT ONLY ON OIL...
 

Editorial Contacts
Chat for Authors: EE LIVE: We are in social networks:

About · News · For Advertisers

Digital Library of Estonia ® All rights reserved.
2014-2024, LIBRARY.EE is a part of Libmonster, international library network (open map)
Keeping the heritage of Estonia


LIBMONSTER NETWORK ONE WORLD - ONE LIBRARY

US-Great Britain Sweden Serbia
Russia Belarus Ukraine Kazakhstan Moldova Tajikistan Estonia Russia-2 Belarus-2

Create and store your author's collection at Libmonster: articles, books, studies. Libmonster will spread your heritage all over the world (through a network of affiliates, partner libraries, search engines, social networks). You will be able to share a link to your profile with colleagues, students, readers and other interested parties, in order to acquaint them with your copyright heritage. Once you register, you have more than 100 tools at your disposal to build your own author collection. It's free: it was, it is, and it always will be.

Download app for Android