Transformation to Sustainable Economy : Qatar as a Case Study
This study charts the transformative course from a resource-based economy to a Sustainable Economy (SE) within the context of Qatar. This paper addresses the lack of clear definitions and metrics for a sustainable economy, proposing an expanded and improved definition and identifying 15 distinctive features based on a comparative review of the literature and expert feedback. The study stands out for developing a comprehensive SE definition formulated as "a balanced, value-based, dynamic economic system that meets today's generation's economic needs within ecological and social limits while not compromising the system's ability to meet future generations' needs." Furthermore, the study also attempts to identify representative indicators for SE by mapping metrics onto sustainability dimensions, comparing them to the new features, and developing a Sustainable Economy Index (SEI) that combines economic, social, and environmental factors to evaluate progress towards SE. The SEI's application provided valuable insights into Qatar's sustainability trajectory, helping refine strategies and policies to enhance the country's overall sustainability efforts.
In addition, the study also pioneers the recommendation of rolling plans within the Qatari context. The study contributes substantially to the discourse on sustainable development by providing a robust framework for SE, advancing measurement methodologies, and offering strategic recommendations that align with societal dynamics. The implications of this research extend beyond Qatar, offering valuable insights and methodologies for the global pursuit of sustainability. The study also outlines the significant challenges and limitations faced during the research, including the limited number of experts and the geographical focus on Qatar, which may affect. It proposes future enhancements to the SEI, suggesting the incorporation of real-time data analytics and broader indicator sets based on expanded expert feedback.
History
Language
- English
Publication Year
- 2024
License statement
© The author. The author has granted HBKU and Qatar Foundation a non-exclusive, worldwide, perpetual, irrevocable, royalty-free license to reproduce, display and distribute the manuscript in whole or in part in any form to be posted in digital or print format and made available to the public at no charge. Unless otherwise specified in the copyright statement or the metadata, all rights are reserved by the copyright holder. For permission to reuse content, please contact the author.Institution affiliated with
- Hamad Bin Khalifa University
- College of Science and Engineering - HBKU
Geographic coverage
QatarDegree Date
- 2024
Degree Type
- Doctorate