The role of labor resources in the development of the Bahrain economy
Keywords:
Bahrain, labor, labor migration, migration to the GCC, Tamkeen
Abstract
The article analyzes the experience of the development of labor resources in the Kingdom of Bahrain. The country is a member of the Cooperation Council for the Arab States of the Persian Gulf (GCC), which are characterized by high dependence on labor migrants, a large number of young people under 25 years old, and a low share of women's involvement in economic processes. Nevertheless, the experience of Bahrain is characterized by a unique approach to improving the quality of human capital. The multi-level principle of interaction between the state, society and business is embodied in the creation of the Tamkeen company, whose main goal is the development of national labor resources.
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References
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Aydrus I., Zein A., Asmyatullin R. R. Features of the development of the system of higher education of the Kingdom of Bahrain // Bulletin of the Peoples Friendship University of Russia. Series: Economy. - 2016. - №. 3.
Aydrus I. А., Shkvarya L.V. Economic development and structural changes in the economies of the Persian Gulf countries (the experience of Bahrain). - 2016.
Carolyn Barnett. Human Capital and the Future pf the Gulf: A Report of the CSIS Middle East Program. November 2015 – 46 p.
Doing Business 2017. International Bank for Reconstruction and Development / The World Bank. http://www.doingbusiness.org/~/media/WBG/DoingBusiness/Documents/Annual-Reports/English/DB17-Report.pdf
Dyatlov S.A. Innovative hypercompetition as a factor in the development of the economic system // Economist. - 2012. - No 5. - p. 69-76.
Economic Freedom Rankings. http://www.heritage.org/index/ranking
Global Entrepreneurship Index rankings. https://thegedi.org/global-entrepreneurship-and-development-index/
Gulf Labour Markets, Migration and Population (GLMM) programme
Jeffrey B. Nugent, Theodore H. Thomas. Bahrain and the Gulf: Past, Perspectives and Alternative Futures, Routledge, 2016 – 235p.
Karabulatova A., Kim L. Kazakhstan-Saudi Arabia: Foreign Policy contacts and interaction in the context of anti-Russian Sanctions. In the: Central Asia and the Caucasus, 2017, Vol.18, #1, pp.33-39.
Lisov S.V. On Forecasting and Strategic Planning of the Development of the Vocational Education Sphere // Russian Economic Journal. - 2016. - №4. - p. 60-68.
Labour Market Regulatory Authority (LMRA), Kingdom of Bahrain, http://www.lmra.bh/blmi
Louër Laurence. The Political Impact of Labour Migration in Bahrain // City & Society 20, Issue 1. – 2008, 32-53 pp.
Ministry of Information Affairs. [Electronic resource]: http://www.mia.gov.bh/en/Kingdom-of-Bahrain/Pages/Population-and-Demographic-Growth.aspx
Tamkeen to spend BD50 million on projects this year. 8.05.2016. [Electronic resource]: доступа: http://www.newsofbahrain.com/viewNews.php?ppId=20072&pid=21&MNU= (date of base: 24.07.2017)
The Economic Vision 2030. [Electronic resource]: https://www.evisa.gov.bh/Vision2030Englishlowresolution.pdf (date of base: 24.07.2017)
Published
2019-04-29
How to Cite
AYDRUS, I., RYAZANTSEV, S., BOGDANOV, I., ASMYATULLIN, R., & HOMSI, M. (2019). The role of labor resources in the development of the Bahrain economy. Amazonia Investiga, 8(19), 95-106. Retrieved from https://www.amazoniainvestiga.info/index.php/amazonia/article/view/203
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