Qatar's challenge: Manage its many riches

Doha, Qatar (CNN) – From its humble origins with few natural resources, Qatar found vast hydrocarbon wealth - oil in the 1940s, natural gas in the 1970s.

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In 2008, at the height of the global financial and economic crisis, Qatar launched its 2030 National Vision - to invest its hydrocarbon wealth wisely, diversify its economy and to develop an advanced society with high standard of living for all its citizens.

With an abundance of riches, Qatar’s development is all about laying solid foundations and avoiding the pitfalls of unmanaged growth.

source: CNN Business Blog