Qatar Economic Growth through Major Events in the Recent Years

Abstract

Given Qatar's ambitious plan to sustain itself as one of the most emerging countries with a sound economy based on the Gas income, it had also developed parallel strategies by hosting significant events that have attracted several stakeholders to invest in its growth. However, one of the biggest challenges that face the growth of the economy was to build an infrastructure that can service the events while maintaining sufficient funds to do so. Considering the fluctuation of the Gas prices worldwide that represent the primary income of Qatar economy, this was the major challenge in addition to several variables as will further describe herein. The data was collected from several sources, mainly from the world bank database, to identify the impact on GDP linked to mega events. It was then analyzed using Power PI. The results show that it has a positive impact based on what was observed during past events on GDP, Capital expenditure, and other factors.