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The Omani and Bahraini Paths to Development: Rare and Contrasting Oil-based Economic Success Stories

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  • Robert E. Looney

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.

Suggested Citation

  • Robert E. Looney, 2009. "The Omani and Bahraini Paths to Development: Rare and Contrasting Oil-based Economic Success Stories," WIDER Working Paper Series RP2009-38, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2009-38
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    File URL: https://www.wider.unu.edu/sites/default/files/RP2009-38.pdf
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    Cited by:

    1. Imed Drine, 2012. "'Successful' Development Models in the MENA Region," WIDER Working Paper Series wp-2012-052, World Institute for Development Economic Research (UNU-WIDER).
    2. Syed Abul Basher & Stefano Fachin, 2013. "The long-run relationship between savings and investment in oil-exporting developing countries: a case study of the Gulf Arab states," OPEC Energy Review, Organization of the Petroleum Exporting Countries, vol. 37(4), pages 429-446, December.
    3. Drine, Imed, 2012. "'Successful' Development Models in the MENA Region," WIDER Working Paper Series 052, World Institute for Development Economic Research (UNU-WIDER).
    4. Kahia, Montassar & Ben Aissa, Mohamed Safouane, 2014. "Renewable and non-renewable energy consumption and economic growth: Evidence from MENA Net Oil Exporting Countries," MPRA Paper 80776, University Library of Munich, Germany.
    5. repec:unu:wpaper:wp2012-52 is not listed on IDEAS

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    Keywords

    Economic development; Strategic planning;

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