Bahrain ’s economy: is stability possible with external instability?
Bahrain is far from the largest country in the Persian Gulf region. It is inhabited by Sunnis and Shiites, and the death in 2020 of Khalifa bin Salman al–Khalifa, the country’s prime minister, caused a wave of unrest. Improving Sunni–Shiite relations in Bahrain has always been difficult. Despite the...
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| Format: | Article |
| Language: | Russian |
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Russian Academy of Entrepreneurship
2022-08-01
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| Series: | Путеводитель предпринимателя |
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| Online Access: | https://www.pp-mag.ru/jour/article/view/1647 |
| _version_ | 1797883140994236416 |
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| author | S. Yu. Babenkova |
| author_facet | S. Yu. Babenkova |
| author_sort | S. Yu. Babenkova |
| collection | DOAJ |
| description | Bahrain is far from the largest country in the Persian Gulf region. It is inhabited by Sunnis and Shiites, and the death in 2020 of Khalifa bin Salman al–Khalifa, the country’s prime minister, caused a wave of unrest. Improving Sunni–Shiite relations in Bahrain has always been difficult. Despite the financial assistance of some Gulf countries, the fiscal picture remains quite gloomy. Recently, it has been ordinary Bahrainis who have suffered from austerity — most of all Shiites who have gained little from the aid of the above–mentioned countries.The country is striving to diversify its economy understanding the instability of world prices for hydrocarbons, as well as the complex global geopolitical situation caused, among other things, by the events in Ukraine. Along with this, it is advisable to note that Bahrain is the center of the world’s Islamic finance in their regulatory and legislative support.Experts from world institutions do not give unambiguous assessments and scenarios for the development of a country affected by the crises caused by the pandemic and low prices for hydrocarbons, but many of them talk about the need for further financial assistance to the country with a gradual increase in oil prices. |
| first_indexed | 2024-04-10T03:45:58Z |
| format | Article |
| id | doaj.art-30fa4a2246ef4464b5804246b222da10 |
| institution | Directory Open Access Journal |
| issn | 2073-9885 2687-136X |
| language | Russian |
| last_indexed | 2024-04-10T03:45:58Z |
| publishDate | 2022-08-01 |
| publisher | Russian Academy of Entrepreneurship |
| record_format | Article |
| series | Путеводитель предпринимателя |
| spelling | doaj.art-30fa4a2246ef4464b5804246b222da102023-03-13T07:17:40ZrusRussian Academy of EntrepreneurshipПутеводитель предпринимателя2073-98852687-136X2022-08-01153304310.24182/2073-9885-2022-15-3-30-431599Bahrain ’s economy: is stability possible with external instability?S. Yu. Babenkova0Институт востоковедения РАНBahrain is far from the largest country in the Persian Gulf region. It is inhabited by Sunnis and Shiites, and the death in 2020 of Khalifa bin Salman al–Khalifa, the country’s prime minister, caused a wave of unrest. Improving Sunni–Shiite relations in Bahrain has always been difficult. Despite the financial assistance of some Gulf countries, the fiscal picture remains quite gloomy. Recently, it has been ordinary Bahrainis who have suffered from austerity — most of all Shiites who have gained little from the aid of the above–mentioned countries.The country is striving to diversify its economy understanding the instability of world prices for hydrocarbons, as well as the complex global geopolitical situation caused, among other things, by the events in Ukraine. Along with this, it is advisable to note that Bahrain is the center of the world’s Islamic finance in their regulatory and legislative support.Experts from world institutions do not give unambiguous assessments and scenarios for the development of a country affected by the crises caused by the pandemic and low prices for hydrocarbons, but many of them talk about the need for further financial assistance to the country with a gradual increase in oil prices.https://www.pp-mag.ru/jour/article/view/1647экономикакризисные явленияфинансовая системаисламский банкингфинтехинновационные технологиистраны персидского залива |
| spellingShingle | S. Yu. Babenkova Bahrain ’s economy: is stability possible with external instability? Путеводитель предпринимателя экономика кризисные явления финансовая система исламский банкинг финтех инновационные технологии страны персидского залива |
| title | Bahrain ’s economy: is stability possible with external instability? |
| title_full | Bahrain ’s economy: is stability possible with external instability? |
| title_fullStr | Bahrain ’s economy: is stability possible with external instability? |
| title_full_unstemmed | Bahrain ’s economy: is stability possible with external instability? |
| title_short | Bahrain ’s economy: is stability possible with external instability? |
| title_sort | bahrain s economy is stability possible with external instability |
| topic | экономика кризисные явления финансовая система исламский банкинг финтех инновационные технологии страны персидского залива |
| url | https://www.pp-mag.ru/jour/article/view/1647 |
| work_keys_str_mv | AT syubabenkova bahrainseconomyisstabilitypossiblewithexternalinstability |