1. The Economy and Outlook
... controls almost all industries, including the oil and gas industry, most heavy manufacturing, and the bulk of the transportation and communications sectors. However, it has undertaken efforts to privatize the economy allowing for banking, light manufacturing, and commerce to be privatized. In 1998 Bahrain's gross domestic product (GDP) was $5.3 billion, or $8,320 per capita. Services, including public administration, ... Gulf Cooperation Council (GCC) and has participated in various council initiatives aimed at promoting economic cooperation among its members. Following independence in ...
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- Approx Pages: 7
- Grade Level: Undergraduate