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Center for Energy Studies



Market Forces versus Smart Policy: How Much Credit to Sultan Qaboos for Oman’s Oil-Derived Development?

Jim Krane

Market Forces versus Smart Policy: How Much Credit to Sultan Qaboos for Oman’s Oil-Derived Development?.

This paper seeks to determine the key events and decisions that helped lift Oman into the ranks of advanced countries, with indicators documenting enormous gains in life expectancy, education and infrastructure.