‘Prosperity of the desert countries’

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I am taking a vacation, and along with this vacation is my choice of topics.

On my way to this vacation, I spent two highly packed touristic days through one of the typical prosperous countries in the Middle East -- Qatar.

Before the 1970s, the price of oil per barrel was below $2. After the mid-1970s, the price of oil rose in great multiples. At its peak, the per barrel cost was $147 in 2008 . With only a population of 2.7 million, Qatar’s GDP per head is $118,150. Qatar is one of the richest countries in the world. Qatar’s revenues are mainly from natural gas exports, the price of which is fixed with petroleum prices. Qatar, in particular, has also vast reserves of natural gas, a fuel that is vital to industries and households the world over.

Though the biggest economic beneficiary was Saudi Arabia because of the mere size of its production dominance of the commodity, the outstanding examples of prosperous outcomes can be seen among the small states that are immediate neighbors on the eastern edge along the Arabian peninsula. I was not surprised that the tour car that took us around had a built-in icebox to keep drinks cold. The climate outside the car is so hot that it seems reasonable that car companies would offer innovations that supported passenger comfort. It is thus expected that having a built-in icebox within a car is a part of car innovations in desert-like surroundings.

 

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