The Role Of Economic Diplomacy In Achieving Economic Takeoff: The Case Of Qatari Liquefied Natural Gas (LNG) Diplomacy As A Model, With An Analysis Of Algeria's Situation Under The Economic Recovery Program 2020-2030
Main Article Content
Abstract
In recent times, the world has witnessed only a few cases similar to Qatar's economic rise. This rise was not an inevitable outcome of its abundant carbon resources, nor was it a mere coincidence. Many countries have had resources but failed to achieve development and prosperity. In Qatar, however, the successful development of its hydrocarbon resources was the result of wise and committed national leadership, as well as strong, productive relationships with international partners.
Since the late 1990s, Qatar has sought to strengthen its positive relationships with countries around the world, building massive investments in many of them. Regional balances within the Gulf Cooperation Council (GCC) influenced these investments in the past, creating the illusion of "economic integration." However, after the Gulf Crisis, these investments emerged as a form of soft power that Qatar was able to skillfully leverage.
This study aims to shed light on Qatar's developmental experience and its achievement of economic takeoff by first discussing general concepts of economic takeoff, its main stages, and distinctive features. Then, it highlights the qualifications and resources that Qatar possesses. The aim is to analyse the positive outcomes Qatar has achieved after reviewing the key measures and policies it implemented to achieve economic takeoff, particularly through economic diplomacy. The study will also provide a brief overview of Algeria's experience and how it could benefit from Qatar's experience within the framework of its economic recovery program.