Report: Qatar struggling to convert wealth into well-being for residents
Despite spending vast sums of money on health, education and economic development, Qatar has come up short in improving the long-term prosperity of the country’s population, according to a recently released study.
However, the report by the Boston Consulting Group (BCG) noted that many oil-and-gas-rich countries are in a similar situation, and that Qatar is performing better than all its GCC peers.
Qatar boasts high employment rates, a stable economy and a healthy and well-educated population by global standards, but it lags behind in terms of social cohesion, civic activism and protecting the environment – factors that BCG said are important for a country to sustain its long-term prosperity.
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Source News: Doha News
Photo: Ziad Hunesh/Flickr
