Entrepreneurship in Qatar

19 Pages Posted: 22 Jul 2009  

Yochanan Shachmurove

City University of New York, CUNY City College of New York - Department of Economics; The University of Pennsylvania - Department of Economics

Date Written: July 20, 2009

Abstract

The State of Qatar is driven mainly by hydrocarbon revenues, which are estimated to support this tiny country for hundreds of years. The Qatari economy is becoming diversified with industries such as manufacturing, banking, social services, and tourism. Additionally, government financed health and educational services have increased rapidly. However, the Qatari government is not able to establish necessary laws and procedures which business requires. Despite recent changes, Qatari laws and regulations are not always friendly towards business ventures or foreign investment, hindering economic growth. Furthermore, enforcement of existing business regulations and rules are occasionally lacking.

Keywords: Entrepreneurship, Small and Medium Sized Enterprises, Business Ventures, Qatar, Middle East, Oil, Tourism, Natural Gas, Foreign Direct Investment, Index of Economic Freedom

JEL Classification: D23, E0, F14, F16, F23, F3, G2, K33, L26, L83, O1, O53, P1, P2, Q4

Suggested Citation

Shachmurove, Yochanan, Entrepreneurship in Qatar (July 20, 2009). PIER Working Paper No. 09-025. Available at SSRN: https://ssrn.com/abstract=1436434 or http://dx.doi.org/10.2139/ssrn.1436434

Yochanan Shachmurove (Contact Author)

City University of New York, CUNY City College of New York - Department of Economics ( email )

160 Convent Avenue
New York, NY 10031
United States
212-650-6202 (Phone)

The University of Pennsylvania - Department of Economics ( email )

160 McNeil Building
3718 Locust Walk
Philadelphia, PA 19104
United States
215-898-1090 (Phone)
215-573-2057 (Fax)

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