I agree, they're pretty on the ball, as far as wanting to be modern and prosperous. Once the oil revenues start kicking in, and infrastructure goes up, the place will improve very nicely. Security is the big question mark. Once the place cools down and becomes safe to work in, I think you'll see their economy take off, and run strong.
and that is exactly why I have my Iraqi Dinar.
of course I have 30 years to sit on it too :)