16 TO 18 May 2017 Ahlia University, Manama, Kingdom of Bahrain

Slides:



Advertisements
Similar presentations
QATAR ECONOMICS OUTLOOK AND PROSPECTS Sh. Abdullah bin Soud Al Thani The Governor Qatar Central Bank Adam Smith Seminar Paris, France, November 13-14,2007.
Advertisements

Development of China - An Economy in Transition. Introduction: Why do we look at China? Development – underdevelopment, less development, problems of.
1 The Surge of The GCC Stock Markets And The 2006 Big Correction Sh. Abdullah bin Soud Al Thani Qatar Central Bank Governor.
MENA Development Report On Water Making the Most of Scarcity MNA Water Seminar June 28, 2007 World Bank Tokyo Satoru Ueda.
Montenegro’s Tourism Satellite Account Goranka Lazovic, Ministry of Tourism and Environment of Montenegro, Slovenia, Dolenjske Toplice th October.
1 Productivity and Growth Chapter 21 © 2006 Thomson/South-Western.
April 2011 Prospects for Turkish-Arab Relations are Promising Ibrahim S. Dabdoub Group CEO National Bank of Kuwait 6th Turkish-Arab Economic Forum (TAF'11)
SMALL AND MEDIUM ENTERPRIZE (SMES) & ENTREPRENEURSHIP DR. ABDULLAH O. BAFAIL, DEAN FACULTY OF ENGINEERING KING ABDULAZIZ UNIVERSITY.
16 November8th Portoroz Business Conference Kazakhstan: The Emerging “Tiger” Economy of Central Asia R.W. Robertson, Ph.D. Director Graduate School of.
Economic Growth Chapter 17. Introduction Two definitions of economic growth (from Chapter 8) – The increase in real GDP, which occurs over a period of.
Which has the higher child mortality?
Economic Development and Globalization Division Financing for Development Section.
GCC-Australia Trade & Investment Forum MARTIN RIORDAN Chief Executive Officer TAFE Directors Australia 16 October 2014 Melbourne, Victoria.
Chapter 23.2 Measuring the Economy.
Economic Development and Globalization Division Financing for Development Section.
Part 1 – The current economic environment INDONESIA’S CURRENT ACCOUNT CHALLENGE Richard Dutu Economist, Indonesia Desk OECD Economic Department.
Influence of foreign direct investment on macroeconomic stability Presenter: Governor CBBH: Kemal Kozarić.
ICEG E uropean Center Factors and Impacts in the Information Society: Analysis of the New Member States and Associated Candidate Countries Pál Gáspár.
THE SIGNIFICANCE OF RESIDENTIAL PROPERTY IN MALAYSIAN PROPERTY SECTOR Muhammad Najib Mohamed Razali Hishamuddin Mohd Ali Department of Property Management.
1 Regional Economic Outlook Middle East, North Africa, Afghanistan, and Pakistan Masood Ahmed Director, Middle East and Central Asia Department International.
UNIT C ECONOMIC FOUNDATIONS AND FINANCING 5.02 Explain the relationship between economic measurements and economic growth.
2011-Sept Monitoring Economic Development of Qatar Presentation By Hamad Bin Jabor Al Thani President of Qatar Statistics Authority Monitoring Economic.
RUSSIA. GDP = 5.6% “Gross Domestic Product” means all of a countries production. It is what everything that country owns added all together. Inflation.
1 Fostering Knowledge and Innovation for Development in a Globalized World: Regional Perspectives PROMOTING AN ENABLING ENVIRONMENT TO FOSTER KNOWLEDGE.
The United States The Economy. What is GDP ? Gross Domestic Product (GDP): The total market (or dollar) value of all final goods and services produced.
SS7E7 The student will describe factors that influence
ECONOMY OF GHANA I ECON /16 ACADEMIC YEAR INSTRUCTOR Dr. Emmanuel A. CODJOE.
Copyright 2008 The McGraw-Hill Companies 16-1 Ingredients of Growth Production Possibilities Labor and Productivity Growth in the AD-AS Model Accounting.
Gross Domestic Product Definition of Gross Domestic Product Why are Changes in Real Gross Domestic Product Important? Explanations of GDP and its Components.
COUNTRY RISK ASSESSMENT China & Japan Eliza Bogucka Magdalena Mirek Dominika Dunin - Szpotańska.
COUNTRY RISK ASSESSMENT China & Japan Eliza Bogucka Magdalena Mirek Dominika Dunin - Szpotańska.
Academic Ranking of World Universities
Economic Development Vocab and Terms
Chapter 2: A Tour of the Major Economic Indicators
Assessment of a Country as a Market or Production Location
Economic Influences on Decision Making
OBJECTIVES OF GOVERNMENT POLICY
Lecture 2 Macroeconomic Data and Variables
Global Manufacturing – India
Internationalization of Higher Education in the GCC Region: Enhancing Inflow of International Students to Oman Bashir Fida, Raihan Taqui Syed, Joseph Mani.
Development of Key Performance Indicators: Lebanese Case Study
STRATEGIC ACADEMIC UNIT “PEOPLE & TECHNOLOGIES”
Analyze cost/profit relationships to guide business decision making.
Understand the role of business in the global economy
Introduction to macroeconomics
Chapter 2: Comparing levels of development
Sarah Hassan Mohammed Serag
Click to edit Master title style
GROWTH AND CRISIS IN THE Outlook for the World Economy
Understand the role of business in the global economy.
Kingdom of Saudi Arabia NTP 2020 and 2030 Vision
ECO 372 PAPERS Perfect Education/ eco372papers.com.
Introduction to the UK Economy
Dr. Edriss Ali, AGU - Dubai
التحديات التي تواجه قطاع المياه في دول مجلس التعاون
Chapter 10: Measuring Aggregate Performance
Chapter 10: Measuring Aggregate Performance
Healthcare Policies in GCC: Challenges and Future Directions:
Understand the role of business in the global economy.
Growth and Development Economics – Country Profiles
Macroeconomics Economic Indicators.
International Symposium on Financing for Development (ISFD2018) 
2005 MTBPS 25 October 2005 Introduction Macroeconomic overview
Assessing the Economic Implication of Energy Insecurity in Nigeria
Understand the role of business in the global economy.
NS4453 Spring Term 2017 WEF Country Stages/Rankings
Warm Up – May 10 Answer the following questions on a post it:
Model and Hypothesis Table Explanation of Variables
Unit Four Vocabulary.
Construction & Property Economics Lesson 3 – Micro and Macro Economy – Built Environment.
Presentation transcript:

16 TO 18 May 2017 Ahlia University, Manama, Kingdom of Bahrain 15th International WASD Conference Digital Revolution, Smart Cities and Performance Improvement Towards Sustainable, Knowledge-Based Inclusive Development 16 TO 18 May 2017 Ahlia University, Manama, Kingdom of Bahrain

Dr. Yagoub Ali Gangi, Ahmed Bin Mohamed Military College, Qatar Entrepreneurship Education and Training: A gateway towards a knowledge-based and diversified economy in Qatar Dr. Yagoub Ali Gangi, Ahmed Bin Mohamed Military College, Qatar

Paper outline Introduction Research purpose Overview of Qatar economy Qatar initiatives to create knowledge-based economy Expansion in education Introducing entrepreneurship education and training State of knowledge economy Conclusion

INTRODUCTION Like most of the GCC countries, Qatar economy depends largely on the hydrocarbon products. The prices of these products are volatile that put the economy at risk. Qatar has recognized this danger and decided to diversify its economy by moving toward a knowledge-base economy Entrepreneurship education and training are among the selected policy packages to serve this function.

THE PURPOSE OF THE RESEARCH The purpose of the present paper is to explore the experience of Qatar with entrepreneurship education and training and identify its contribution in creating knowledge-based economy in Qatar. By doing so, the paper will contribute in raising our awareness about the state of entrepreneurship education and training and knowledge economy in Qatar

OVERVIEW OF QATAR ECONOMY Economic Indicator 2000 -2010 Average 2011 2012 2013 2014 2015 Gross Domestic Product (in billion US $) 150 170 189.7 201.3 209.5 203.3 GDP per-capita (thousand US $) 80 99.3 103.5 98.7 93.9 90.2 Real GDP growth % 10 13.0 6.0 6.3 4.0 3.9 Fiscal Balance (% of GDP) 6.9 11.4 14.3 16.1 5.3 Current Account Balance (in billion US $) 38.4 48.2 62.4 60.5 49.4 13.7 Inflation rates 1.3 1.9 3.1 Unemployment rates 0.5 0.6 0.3 0.4

INITIATIVES UNDERTAKEN BY QATARI GOVERNMENT TO CREATE KNOWLEDGE ECONOMY In order to diversify its economy and create a knowledge-based economy; Qatar has invested large resources in improving its education services. It has allocated more than 4% of its GDP for education services. These resources have been used to improve the quantity and quality of education services at school and university levels As a result, education and training in Qatar has rapidly expanded at all education levels.

EXPANSION IN EDUCATION AND TRAINING INSTITUTIONS Recently many educations and training institutions have been established, example of which includes: Qatar Foundation and Education City with its several campuses of major U.S. and other EU universities, Qatar Science and Technology Park (QSTP), Doha institute for higher educations In addition, Qatar University, the main national university in the State of Qatar has witnessed rapid expansion and great development.

EXPANSION IN EDUCATION AND TRAINING INSTITUTIONS (continue)

ENTREPRENEURSHIP EDUCATION Although entrepreneurship education was introduced in US in 1970, EU countries in 1980s, China and Malaysia in 1990s, it was introduced in Qatar very recently in 2011. Qatar University as the oldest and main national university in Qatar has taken the lead in introducing entrepreneurship education in its education programs. It was introduced as a minor specialization for undergraduate students at College of Business and Economics and as courses (not specialization) for undergraduate students at the College of Engineering

ENTREPRENEURSHIP TRAINING Qatar University has establishing the Center for Entrepreneurship (CFE) in order to spread the culture of entrepreneurship among students of Qatar University and Qatar community at large. In order to fulfill its mandate the CFE launches many training programs to students, faculties and staff of Qatar University. The most important institution that starts to provide entrepreneurship training is Qatar Development Bank (QDB)

Questions Has all these attempts positively impacted on the state of the knowledge-based economy And if not Why?

STATE OF KNOWLEDGE ECONOMY IN QATAR Table (3): Knowledge Economy Index (KEI) for GCC countries (2000 – 2012) Country Rank 2000 KEI 2000 Rank 2008 KEI 2008 Change 2000 to 2008 Rank 2012 KEI 2012 Change 2008 to 2012 UAE 48 6.05 42 6.66 0.65 6.94 0.28 Bahrain 41 6.85 50 6.02 -0.83 43 6.90 0.88 Oman 65 5.28 62 5.37 0.09 47 6.14 0.77 Saudi Arabia 76 4.60 5.15 0.55 5.96 0.81 Qatar 49 6.09 45 6.15 0.06 54 5.84 -0.31 Kuwait 46 6.16 51 6.01 -0.15 64 5.33 -0.68

RESULT DISCUSSION As it can be seen from the table although the GCC countries are considered among the richest country of the world in term of GDP per-capita, their ranking does not reflect their income level. For example, Qatar is considered as the second richest countries of the world but its ranking in term of KEI is relatively low. Moreover, Qatar spends about 4% of its GDP on education and 1.5% of GDP on research, yet its ranking is low when compare it with the resources allocated.

RESULT EXPLANATION AND JUSTIFICATION This means that investment in education as general and entrepreneurship education and training has not caused its immediate impact on knowledge economy. The reason for this could be attributed to the fact that the outcomes of entrepreneurship education and training takes some time to be realized. Other justification could be the inappropriateness of the entrepreneurship education and training. Further investigation is needed to get justification for this situation. Personal interviews with concerned people may help in getting some answers for questions and justification for this case.

THANKS