The economic development of modern Saudi Arabia is characterized by a high proportion of the oil industry, with a gradual expansion of production in related industries and a number of manufacturing industries. According to cheeroutdoor, Saudi Arabia’s GDP, calculated at…
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The oil found in Qatar (1939) and its industrial production (since 1949) radically changed the situation in the country, making it possible to achieve unprecedented rates of economic growth. Today, oil accounts for more than 55% of GDP, 85% of…
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According to cheeroutdoor, the Philippines is one of the five most advanced economies in Southeast Asia, known as the “Asian Tigers” of the second wave. The economic policy of all governments of the period of independence reflected the nature of…
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According to cheeroutdoor, Pakistan belongs to the category of relatively underdeveloped countries of the agro-industrial type. In the 1990s The economy developed at a slow pace, barely exceeding the rate of population growth. With the coming to power of the…
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The development of the Omani economy is associated with its features: an abundance of cheap energy, the presence of investment opportunities and a shortage of local labor resources. This dictates a certain profile of industrial development: energy- and capital-intensive, but…
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According to cheeroutdoor, Malaysia is an intensively developing industrial and agricultural country. GDP $78.7 billion, GDP per capita $3515 (2002). Employment approx. 97%. Unemployment – St. 3%. Inflation 1.9% (2002). Structure of GDP (%): service sector approx. 50, manufacturing 34,…
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The civil war of 1975–90 seriously destroyed Lebanon’s economic infrastructure, undermining the country’s position as an important economic, commercial, and banking center in the Middle East. The peace settlement allowed the Lebanese government to begin economic and financial recovery. The…
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According to cheeroutdoor, the state socio-economic policy of the Lao PDR is aimed at modernizing the technically backward national economy, improving the lives of all ethnic groups in the country, reducing the level of poverty of the population, transforming small…
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According to cheeroutdoor, sovereign Kyrgyzstan has embarked on a course of radical market reforms, the program of which was prepared by experts from the IMF and the World Bank. In 1995–97, the deep crisis that had engulfed the Kyrgyz economy…
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According to cheeroutdoor, the economic prosperity of Kuwait is associated with oil production. Kuwait’s GDP, calculated at the purchasing power parity of currencies, amounted to $30.9 billion; GDP per capita – $15,100 (2001). Real GDP growth 4% (2001). The share…
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