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Essay / Research Paper Abstract
This 3 page paper looks at Yemen's economy. The relevance of oil is discussed. Bibliography lists 3 sources.
Page Count:
3 pages (~225 words per page)
File: RT13_SA841yem.rtf
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Unformatted sample text from the term paper:
in the region, so Robert B. Zoellick wants to know what the economic conditions are in Yemen, inclusive of but not limited to facts about poverty, income inequality and trade.
In researching this topic, a student ought to point out that Yemen is in fact one of the least well off countries in the Arab world ("Yemen," 2008). However, its
annual rate of growth is about 3 or 4 % per year ("Yemen," 2008). Still, these types of nations that are struggling are often called "fragile states" (Mekay, 2006, p.1).
Yemens future is up in the air. Yemens primary source of income is attached to its oil resources ("Yemen," 2008). Clearly, in this day and age, oil is an important
commodity. However, the resources in Yemen have been declining ("Yemen," 2008). The nation has tried to diversify its markets and in 2006, the nation did implement economic reform programs ("Yemen,"
2008). The programs had been designed to at least in part improve the non-oil sectors of foreign investments and the economy ("Yemen," 2008). The programs would also see more international
involvement ("Yemen," 2008). One can say that Yemen has made an integral change during the past several years that will encourage more foreign investment ("Yemen," 2008). Also, because of the
high price of oil, money from that sector had increased ("Yemen," 2008). Although oil is an important part of Yemens economy, most of the citizens work in herding and agriculture
("Yemen," 2008). Yemen, as does most nations, engages in exports and imports. Its most significant export partner is China, followed by India, Thailand, South Korea, Japan and the United
Arab Emirates ("Yemen," 2008). When it comes to imports, its most significant partner is the United Arab Emirates ("Yemen," 2008). Other trade partners, in order of significance, are China, the
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