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Business and Economy in Oman
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A 10 page paper discussing the economy-building activities of one of the Gulf states. The Sultanate of Oman is a small country nearly equating in land mass to the US state of Kansas, bordering Saudi Arabia on the East. Sultan Qaboos bin Said determined shortly after coming to power in 1970 that Oman's best interests were not served by being fully dependent on oil for its national income. The Sultan stresses private sector development and self-reliance, encouraging the people to be self-sufficient so that the nation can be as well. The nation is fully open to foreign investment, development of local non-oil industry and privatization of public holdings. Noted for its traditions of fairness and political stability, Oman provides conditions favorable for both international and domestic economic development. Bibliography lists 9 sources.
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Pages:
10
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Filename:CC6_KSoman.doc |
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Paper Title:
Business and Economy in Oman
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