Economic Development in Saudi Arabia (inbunden)
Format
Inbunden (Hardback)
Språk
Engelska
Antal sidor
208
Utgivningsdatum
2003-11-01
Upplaga
annotated ed
Förlag
RoutledgeCurzon
Medarbetare
Malik, Monica
Illustratör/Fotograf
1
Illustrationer
1
Dimensioner
242 x 161 x 17 mm
Vikt
431 g
Antal komponenter
1
Komponenter
52:B&W 6.14 x 9.21in or 234 x 156mm (Royal 8vo) Case Laminate on White w/Gloss Lam
ISBN
9780700717293
Economic Development in Saudi Arabia (inbunden)

Economic Development in Saudi Arabia

Inbunden Engelska, 2003-11-01
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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.
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Övrig information

Rodney Wilson is Professor of Economics at the Institute for Middle Eastern and Islamic Studies, University of Durham. His main research interests are the trade and finance of the Middle East. His previous books for Routledge include Economic Development in the Middle East.

Innehållsförteckning

1. Introduction 2. Which development paradigm? 3. Government Economic Policy 4. Oil, gas and petrochemicals 5. Banking sector and financial markets 6. International trade and GCC economic relations 7. Employment issues 8. Employment conditions in SABIC 9. The role of the private sector 10. The electricity industry