Saturday, May 4, 2019

The effect of oil and gas to Qatar's economy Research Paper

The effect of crude oil colour and gas to Qatars economy - question Paper shells from exporting various products, every industrial giant within these lands consume massive sum of money of oil in order to maintain smooth functionality in the operations and thus contribute to the general economic development of the nations. In cost of Qatars economic condition and position, recent reports project that the nation experiences a real growth rate of about 5.5 % and is ranked 44th position in terms of world ranking. The per capita income of this nation was $102,100 in terms of world ranking till the year 2013. Observably, the nations is ranked tertiary in terms of gross national savings, 19th in terms of crude oil fruit and 6th in terms of natural gas production (Central Intelligence Agency, The World Factbook ).By taking into concern the findings of this particular study, the delusive scheme to be tested in this study will be, The oil and gas segment has no considerable impact on Qatars economy has been validated.Research Evaluation Technique. The information accumulated from the research work certainly helps in determining the validity of the above-depicted null hypothesis. It can be affirmed that the research question is mainly structured with the intention of understanding that how oil and gas sector being the primary sector in the Qatari economy impose large impact specifically on the governments revenue earnings, governmental export process, economic liquidity rate and piggy Domestic Product (GDP) of the nation. It would be vital to mention in this similar concern that the above-portrayed null hypothesis has been designed in such a way so that there occurs a high accident of getting it rejected at the time when the findings of the research are revealed.This literature review section has been hypothesize completely depending upon the secondary data sources. This method implemented for literature review in this study includes the sound evaluation of the various online journals, reports and government websites.

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