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oa The myth of sustainability under the current economic model
- Publisher: Hamad bin Khalifa University Press (HBKU Press)
- Source: QScience Proceedings, Qatar University Life Science Symposium 2016: Biodiversity, Sustainability and Climate Change, with Perspectives from Qatar, Nov 2016, Volume 2016, 1
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Abstract
Qatar like its sisters in the GCC are countries born with multiple disabilities. First and foremost of them is the lack of fundamental resources such as water and food. The endowment of hydrocarbon resources and the influx of liquidity into the economies of these small city states lead them to make choices that were at the time seen to lead to a path of development and greater prosperity but they are also unsustainable and risk prone. What followed are economic models that are catastrophic in every sense of the word if one measures its resilience against the inherent risks that surrounds the availability and access to such fundamental resources. The talk will assess the current economic model in light of these circumstances and offer an alternative pathway that aims to maintain control and resilience against a changing world.