Have you ever had a day without water? I think that everyone faced such trouble when a water pipe was damaged. Imagine that almost one billion people do not have free access to water and, generally, the issue concerns Africa and the Middle East. However, this tiny Arabic state, whose total area is 3 times smaller than the area of the Masovian Voivodeship, managed to survive and make its own oasis in the desert. The situation in the country extremely changed after the Second World War and nowadays the average growth rate of its GDP has been 15% a year for the last 5 years. Actually, I skipped one very important feature- oil. This valuable raw material provides them with a source of money, which means they are able to build and buy everything. After watching this video you will know which country is so successful. Therefore, I encourage you to watch this TED video and to comment on it!
Questions:
Questions:
- Have you ever been to Qatar or to other countries of the Arabian Peninsula? Try to share your experience with us.
- Do you believe that oil is nowadays an instrument of foreign policy? Try to give some examples.
- What do you think about the future of Qatar, whose economy is mainly based on oil extraction ?
Comments
Oil nowadays is an instrument of foreign policy - definitely, but after 100 years it won't be. For instance, there are a huge amount of companies that are creating cars. 90+% cars now are working on oil,right? And other +-10% are working on electricity. This ratio is changing every year when amount of oil on Earth is decreasing.
If they will take money which they earned on oil and make them work (improving infrastructure, finding new ideas in tourism), the country will live, otherwise, they will not be able to take a part in a world economy after 50 years, when everything will be out of this world.
Nowadays oil is starting to fell by the wayside. Still it is an instrument of foreign policy, but not for long. When it comes to car market, soon combustion engines will be banned (untill 2020 there would be prohibition to move with a car that have diesel engine in big cities like Paris or London).
If Qatar would not find a way to earn money, besides oil extraction, it could lead it to economic crisis.
I belive that oil plays a great role in foreign policy but I wonder what will happen when the oil become less important due to higher popularity of electric cars and others factors.
When economy of country is based on only one thing there is high possibility that it can lead to big problems for a country. It's not a good idead to put all eggs in one basket.
Qatar probably has enough money to create other perspectives for their market so I belive that Qatar can prosper pretty good after oil crisis (if this happens).
Oil is not only the instrument of foreign policy, it's the most important aspect of it nowadays. Even before the fall of the Soviet Union, USA diverted its actions from fighting commies towards securing the remaining deposits of oil. Those who decided not to become their vassals got invaded by Uncle Sam. I would rather say they got raped and pillaged, given that US has killed more than 20 million people in 37 nations since World War II. Not bad... Now we ask ourselves, why are there more and more terrorist attacks. Maybe because it's beneficial for some people to have it that way. Imagine all the possibilities of selling weapons and lobbying for more mass surveillance so the rich can get richer and the poor can .................................
have fun watching netflix and memes.
Of course olis is an instrument of policy. As long as they have it, they can rule the word in some kind of meaning.
Their power won't last forever. In some years many cars would use electricity and of course amount of oil isn't infinite.
In some strange way, yes. Every country needs oil which is one of the most wanted resource on earth. problem behind oil that doesn't suits for example gold is that we can't reuse it. So the biggest problem is that, what will happens when Arabic peninsula runs out of it? Every car that runs on oil will be just piece of garbage and normal fuel will be too expensive to use it on every day.
I think Qatars wealth will drop sooner than we think. I won't be surprised if it will happen in next 15 years. More and more people have a car so more and more fuel is used. The day when oil become rare resource Qatar will be done.
Nowadays, companies from Arabian Peninsula are buying the biggest football clubs on the world because they don’t know what to do with money.
On the other hand, countries want to change this situation. They are trying to introduce electric engines and use other natural resources. It can be problem for Qatar whose economy mainly based on oil.
I have never been in Katar and Arabian Peninsula but I realy want to. Oil will end faster than we think. Everything what was built in Arabian Peninsula was biult by foreign companies. In my opinion they are able to be rich and spend money. Maybe I sm wrong but it looks like that. They have money from oil. It's possible that when oil ends they won't know what they can do . I think that when someone who has so much money can save in other busines. I saw that in Warsaw buildings built by Arabs
Any valuable resource could be the tool of foreign policy. People around the world are getting closer because of Internet and easier ways to travel on long distances. That is why such wars as First and Second World War are quite impossible nowadays, unless somebody pushes the wrong button. So the only way to spread your influence on other countries is do it by the distribution of your goods through their economy. Oil is a very popular source of energy, so the one, who controls the oil is "in charge" of the world.
Nevertheless, No way any country could survive relying only on the one kind of resources. If other possible industries will be less developped for global market's competitions, when oil industry will suffer crisises, and it will be as any other industry, your economy will be too weak to survive.
Of course oil is an instrument of foreign policy. The thing is - this resource has its limits. You cannot sustain a country on just oil for longer period of time and it scares me because I am not sure what the future is for developed middle eastern countries that depend on this natural resource. I hope they won't collapse.
Oil is certainly the instrument of foreign policy. The most known example is probably the USA and it's peacekeeping missions e.g. Iraq. Also, a lot of dictatorships in third world' countries are supported by western countries due to their oil reserves.
It's hard to say what Qatar future will be like but basing on the video, I think they are aware of their situation and how fragile their economy is. It also seems like they have solid plans for the future, I root for them despite the diplomatic crisis they go through.
I was able to visit Doha. This is a big city in the king at every turn you can see the wealth of this state. With gasoline they have their own airlines that can refuel with fuel from their home country. I believe that it can contribute to the influence of foreign policy. They will have oil reserves with certainty, they will have something to say in foreign policy.
Oil is a difficult topic nowadays. It definitely is an instrument of foreign policy. But oil is not a never ending resource and one day we will use up all of it. It is so precious people even consider extracting it from oil sands, even though it takes more resources to do it than it eventually "produces". I believe Qatar is rich enough to introduce other solutions to keep its economy on high level.
It looks stunning, especially the Palm Islands. They are unbelievable.
Of course, oil is a key foreign policy in Qatar. It is thanks to her that this small country means so much in the world. It is one of the richest countries in the world. However, their size is based on rope.
Before the discovery of oil in this country was nothing. If oil ends Qatar would be in trouble. However, it seems to me that important people already have plan B for such an event. Qatar will continue to be great in the future.