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

The effect of oil and gas to Qatars economy - Research Paper Examples from exporting sundry(a) products, every industrial giant within these nations consume massive amount of oil in order to maintain smooth functionality in the operations and thus contribute to the overall economical evolution of the nations. In hurt of Qatars economic condition and position, recent reports project that the nation experiences a real growth rate of about 5.5 % and is ranked forty-fourth 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 3rd in terms of gross national savings, 19th in terms of crude oil production and 6th in terms of natural gas production (Central wisdom Agency, The World Factbook ).By taking into concern the findings of this particular study, the null hypothesis to be tested in this study will be, The oil and gas section has no considerable impact on Qatars econom y 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 sphere being the primary sector in the Qatari economy impose extensive impact specifically on the governments revenue earnings, governmental export process, economic liquidity rate and Gross 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 possibility of getting it rejected at the time when the findings of the research are revealed.This lit review section has been formulated completely depending upon the secondary data sources. This method implemented for literature review in this study includes the effective evaluation of the various onl ine journals, reports and government websites.