The paper "Qatar-Germany Economic Relationship" is a great example of a report on macro and microeconomics. In recent years, Qatar has been one of the fastest-growing economies in the world. In fact, over the four-year period between 2008 and 2012, it was the world’ s fastest-growing economy, its real GDP growing at an annual rate of 12.0 percent. It is not only that the country possesses an enormous wealth of oil and gas, but that it has successfully leveraged this wealth to propel itself to the world economic stage, its hydrocarbon sector (alongside service sector) being the key propellants of the 2008-12 growth. However, many have also pointed out that Qatar’ s economy is over-dependent on its oil and gas.
This is noteworthy considering the increasingly growing predictions of decreasing oil and gas deposits in the wider Gulf region. Such predictions have prompted a number of layers in the region (including Qatar) to look for other ways to boost and protect their economic strengths both in the present and in the future. Participation in the international trade arena is seen as a vital strategy. In recent years, the trade relations between Qatar and Germany have grown.
This relationship is seen as not only beneficial to Germany. As it were, it (the relationship) is seen as bearing vital strategic importance to the Qatari government. This has to do with Germany as an independent country, but also as Germany as a key member of the European Union (EU), an increasingly key player in the global marketplace. This report examines the various ways in which Germany offers potential strategic benefits to Qatar, citing the various economic advantages therein. Part of the focus will relate to Qatar Airways and its ties with and to Germany.
Finally, this report will provide recommendations on how the Qatari government can leverage this relationship to optimize its advantages to its macroeconomic indicators. Strategic Importance of Germany towards Qatar Introduction The bilateral relations between Germany and Qatar go beyond just oil and gas sectors or Qatar Airways. The trade relations between the two countries involve cars and machinery, aircraft, chemical products, electrotechnical products, iron and ironmongery, and other production lines. Indeed, exports and imports between the countries have experienced notable growth.
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