Economic Development in Saudi Arabia

Business & Finance, Economics, International Economics, Nonfiction, Social & Cultural Studies, Social Science
Cover of the book Economic Development in Saudi Arabia by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson ISBN: 9781136132827
Publisher: Taylor and Francis Publication: October 12, 2012
Imprint: Routledge Language: English
Author: Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
ISBN: 9781136132827
Publisher: Taylor and Francis
Publication: October 12, 2012
Imprint: Routledge
Language: English

The changing political situation in the Middle East poses challenges for the economies of the region, and some see none more vulnerable to collapse than Saudi Arabia's. Yet as this study demonstrates, the fundamentals of the Kingdom's economy are relatively robust, as over three quarters of GDP is accounted for by the non-oil sector, and impressive modern industries have been established, notably in petrochemicals. The financial system functions well, and despite substantial government debts, there is low inflation and currency stability. The private sector increasingly drives the economy, although job creation has been insufficient to prevent rising youth unemployment. The development challenges Saudi Arabia faces are similar to those of other middle-income countries, and three decades of diversification have made the economy less unique than it was in the oil boom years of the 1970s.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The changing political situation in the Middle East poses challenges for the economies of the region, and some see none more vulnerable to collapse than Saudi Arabia's. Yet as this study demonstrates, the fundamentals of the Kingdom's economy are relatively robust, as over three quarters of GDP is accounted for by the non-oil sector, and impressive modern industries have been established, notably in petrochemicals. The financial system functions well, and despite substantial government debts, there is low inflation and currency stability. The private sector increasingly drives the economy, although job creation has been insufficient to prevent rising youth unemployment. The development challenges Saudi Arabia faces are similar to those of other middle-income countries, and three decades of diversification have made the economy less unique than it was in the oil boom years of the 1970s.

More books from Taylor and Francis

Cover of the book Personal Relationships by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book The Sociological Eye by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book Slavery in the United States by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book Developmental Tasks in Adolescence by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book The Psychology of Infancy (Psychology Revivals) by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book Rome by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book Watch It by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book Why India Votes? by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book Speaking for the Dead: Cadavers in Biology and Medicine by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book Michael Fried and Philosophy by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book The Life and Music of Eric Coates by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book The Ethnography Of Empowerment: The Transformative Power Of Classroom interaction by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book The Impact and Evaluation of Major Sporting Events by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book Economic Careers by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
Cover of the book Social Work and Research in Advanced Welfare States by Ahmed Al Rajhi, Abdullah Al Salamah, Monica Malik, Rodney Wilson
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy