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The 2017 Gulf Crisis and Changes in Qatar’s Economic Landscape

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submitted on 2023-05-11, 09:20 and posted on 2023-05-14, 11:48 authored by Sharique Umar, Salem Ghurab

This chapter analyzes the major transformations that Qatar’s economy went through during the 2017 Gulf crisis. This chapter argues that the Gulf crisis has proved to be a “blessing in disguise.” Qatar confronted unprecedented economic challenges immediately after the blockade, which forced it to take three broad policy initiatives: domestic production, trade diversification and crisis management strategy. This broad policy shift spawns immediate benefits for the country in managing the crisis effectively as well as in making the country resilient to international shocks, whether it is the COVID-19 pandemic or Ukraine war.

Other Information

Published in: Social Change and Transformation in the Gulf Region
License: https://creativecommons.org/licenses/by/4.0
See article on publisher's website: https://dx.doi.org/10.1007/978-981-19-7796-1_27

History

Language

  • English

Publisher

Springer Singapore

Publication Year

  • 2023

License statement

This Item is licensed under the Creative Commons Attribution 4.0 International License

Institution affiliated with

  • Qatar National Library
  • Qatar University

Geographic coverage

Gulf Cooperation Council (GCC) States

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