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OMAN VS KUWAIT
In this essay I will present a comparison between Kuwait, regarded a high-income country, and Oman classified as a developing country, regardless of their common characteristics.
Details
| language |  | english |
| wordcount |  | 3172 (cca 9 pages) |
| contextual quality |  | N/A |
| language level |  | N/A |
| price |  | free |
| sources |  | 14 |
Table of contents
INTRODUCTION 3
METHODOLOGY 6
COMPARISON 7
A) INVESTMENT AND EDUCATION 7
B) EXPORTS, INFLATION, AND ECONOMIC STRUCTURE 9
C) LABOR MARKETS 12
D) DEMOCRACY, GOVERNANCE, AND DEMOGRAPHY 14
E) ACCOUNTING FOR THE INCOME DIFFERENTIAL 15
CONCLUSION 16
REFERENCES 17
FIGURES
Figure 1. Gross National Income per capita 1990 & 2004 3
Figure 2. Gross Domestic Product per capita 4
Figure 3. Gross Capital Formation 1990-2005 7
Figure 4. Foreign Direct Investment Inflows as % of GDP 9
Figure 5. Exports of Goods & Services 1988-2004 10
Figure 6. Inflation 1994-2005 (% Consumer Prices) 11
Figure 7. GDP Composition by Sector 12
Figure 8. Labor Force Participation 1980-2005 13
TABLES
Table 1. Net Primary-School Enrolment Ratio (%) 8
Table 2. Net Secondary-school Enrolment Ratio (%) 8
Table 3. Inward FDI Potential and Actual Indices 2000-2002 9
Table 4. Interest Rate Spread 1995.2000&2005 11
Table 5. Governance Indicators over Selected Years 14
Table 6. Migration Rate (per 1,000 population) 1990, 1995&2000 15
Preview of the essay: OMAN VS KUWAIT
According to the CIA-World Factbook (2008), Kuwait has a population of 2,596,799 over an area of 17,820 km², and Oman a population of 3,311,640 over a bit larger area of 212,460 km². Both countries share a relatively common climate and topography. Besides natural gas, the essential natural resource of both countries is petroleum. Both belong to the Gulf Cooperation Council and have recently benefited from the continuous high oil prices.However, before the discovery of oil in the region, both states suffered from relatively weak economies. Since the 1930s, the British and Americans have been conducting oil explorations. Nevertheless, the Arab countries did not benefit ...
... GDP is practically 50% for both Kuwait and Oman (CIA-World Factbook, 2008; Kuwait Times, 2007).
According to the CIA-World Factbook (2007), Kuwait’s most recent proven reserve is 101.5 billion barrels (10% of world’s reserves), while Oman holds only 4.85 billion barrels. That just might justify why the latter does not belong to OPEC. However, according to ASP (2003), Oman has been playing a “unique role in the world of oil diplomacy” and is expected to “develop into a more important producer of oil and a significant exporter of gas in the coming decade”.
Essay is in categories
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Economics
/International Business
/Comments
Princess R.Both countries are from the Middle East, I guess. Both rely on their oil reserves. So culturally, linguistically, and historically, the two are related. I got a very interesting research idea out of your discussion.