- Title Pages
- Foreword
- Acknowledgements
- List of Figures
- List of Tables
- List of Abbreviations
- Notes on Contributors
- 1 Achieving Development Success: Synthesis of Strategies and Lessons from the Developing World
- 2 How Can Korea be a Role Model for Catch-Up Development? A ‘Capability-Based View’
- 3 Lessons from Post-Colonial Malaysian Economic Development
- 4 Thailand’s Development Strategy and Growth Performance
- 5 Vietnam as a Role Model for Development
- 6 Development Strategies: Lessons from the Experiences of South Korea, Malaysia, Thailand, and Vietnam
- 7 Democracy, Diversity, and Development: India’s Strategy and Outcomes
- 8 The Disinterested Government: An Interpretation of China’s Economic Success in the Reform Era
- 9 Country Role Models of Development Success: Lessons from China and India
- 10 Botswana as a Role Model for Country Success
- 11 The Mauritian Success Story and its Lessons
- 12 Post-Apartheid South Africa: An Economic Success Story?
- 13 Country Role Models for Development Success: The Ghana Case
- 14 Development Progress in Sub-Saharan Africa: Lessons from Botswana, Ghana, Mauritius, and South Africa
- 15 Brazil’s Growth Performance: Achievements and Prospects
- 16 Three Decades of Neoliberal Economics in Chile: Achievements, Failures, and Dilemmas
- 17 Country Role Models for Development Success: The Case of Costa Rica
- 18 Economic Development Strategies in the Dominican Republic
- 19 Between Past and Future of Latin America: Lessons from Brazil, Chile, Costa Rica, and the Dominican Republic
- 20 The Omani and Bahraini Paths to Development: Rare and Contrasting Oil-Based Economic Success Stories
- 21 Tunisia’s Development Experience: A Success Story?
- 22 The United Arab Emirates: Some Lessons in Economic Development
- 23 ‘Successful’ Development Models: Lessons from the MENA Region
- Index
The Omani and Bahraini Paths to Development: Rare and Contrasting Oil-Based Economic Success Stories
The Omani and Bahraini Paths to Development: Rare and Contrasting Oil-Based Economic Success Stories
- Chapter:
- (p.419) 20 The Omani and Bahraini Paths to Development: Rare and Contrasting Oil-Based Economic Success Stories
- Source:
- Achieving Development Success
- Author(s):
Robert E. Looney
- Publisher:
- Oxford University Press
This chapter examines the social factors and development strategies in Omani and Bahraini in an attempt to determine why each country has had so much economic success. The analysis focuses on the initial conditions that each country faced; their development policies and the factors that influence them; the quality of governance and degree of economic freedom; and the extent to which each country's development strategy remains viable for the future.
Keywords: Oman, Bahrain, resource-based economies, macroeconomic policies, economic growth, economic development, governance, economic freedom, development strategy
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- Title Pages
- Foreword
- Acknowledgements
- List of Figures
- List of Tables
- List of Abbreviations
- Notes on Contributors
- 1 Achieving Development Success: Synthesis of Strategies and Lessons from the Developing World
- 2 How Can Korea be a Role Model for Catch-Up Development? A ‘Capability-Based View’
- 3 Lessons from Post-Colonial Malaysian Economic Development
- 4 Thailand’s Development Strategy and Growth Performance
- 5 Vietnam as a Role Model for Development
- 6 Development Strategies: Lessons from the Experiences of South Korea, Malaysia, Thailand, and Vietnam
- 7 Democracy, Diversity, and Development: India’s Strategy and Outcomes
- 8 The Disinterested Government: An Interpretation of China’s Economic Success in the Reform Era
- 9 Country Role Models of Development Success: Lessons from China and India
- 10 Botswana as a Role Model for Country Success
- 11 The Mauritian Success Story and its Lessons
- 12 Post-Apartheid South Africa: An Economic Success Story?
- 13 Country Role Models for Development Success: The Ghana Case
- 14 Development Progress in Sub-Saharan Africa: Lessons from Botswana, Ghana, Mauritius, and South Africa
- 15 Brazil’s Growth Performance: Achievements and Prospects
- 16 Three Decades of Neoliberal Economics in Chile: Achievements, Failures, and Dilemmas
- 17 Country Role Models for Development Success: The Case of Costa Rica
- 18 Economic Development Strategies in the Dominican Republic
- 19 Between Past and Future of Latin America: Lessons from Brazil, Chile, Costa Rica, and the Dominican Republic
- 20 The Omani and Bahraini Paths to Development: Rare and Contrasting Oil-Based Economic Success Stories
- 21 Tunisia’s Development Experience: A Success Story?
- 22 The United Arab Emirates: Some Lessons in Economic Development
- 23 ‘Successful’ Development Models: Lessons from the MENA Region
- Index