The Omani and Bahraini Paths to Development: Rare and Contrasting Oil-based Economic Success Stories
Robert E. Looney
No RP2009-38, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
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.
Keywords: Economic development; Strategic planning (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2009-38
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