The Economy Of Saudi Arabia In The 21st Century

Author : John Sfakianakis
Publisher : Oxford University Press
ISBN 13 : 019886387X
Total Pages : 465 pages
Book Rating : 4.78/5 ( download)

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Download or read book The Economy of Saudi Arabia in the 21st Century written by John Sfakianakis and published by Oxford University Press. This book was released on 2024-06-28 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about Saudi Arabia's efforts to overhaul its economy and the numerous prospects and challenges it faces in doing so. As one of the world's leading oil producers, the outcomes of the most ambitious wave of reforms Saudi Arabia has ever undertaken will provide valuable lessons not only for the kingdom itself but also for other oil-dependent and resource-based economies. Since 2016, Saudi Arabia has embarked on an unparalleled economic - if not social and political - transformation project with an ultimate aim of diversifying away from oil. New sources of growth such as tourism, industry, and entertainment have been identified, but it remains to be seen whether these will be enough to sustain the economy in the post-oil era. Reforms, including lowering energy subsidies, instituting VAT, and introducing indirect taxes on labor and businesses, have already produced notable results. Looking ahead, the economy requires rigorous and continuous processes of severe competition amongst its private sector participants as well as strong institutions. It also requires creative destruction to be allowed to run its course within the wider economy. The economic reform experiment undertaken by Saudi Arabia remains the most sweeping among emerging market economies - and certainly in the entire Middle East. The changes are all encompassing and involve a complex redrawing of the political, economic, religious, and social map.

Author : Anthony H. Cordesman
Publisher : Greenwood
ISBN 13 :
Total Pages : 448 pages
Book Rating : 4.02/5 ( download)

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Download or read book Saudi Arabia Enters the Twenty-first Century: The military and international security dimensions written by Anthony H. Cordesman and published by Greenwood. This book was released on 2003 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the continuing importance of Saudi Arabia in regional and world politics, the current and future effectiveness of the Saudi military carries increased significance. Despite recent strains in relations with the U.S., particularly in light of the role Saudis played in the events of September 11, 2001, the Kingdom remains America's key Arab ally. Cordesman studies the challenges faced by the Saudis from both their allies and their potential enemies to assess Saudi Arabia's ability to forge a better approach to collective security in the Gulf and to create more stable long-term security arrangements with the U.S. and other Western Powers. This assessment of Saudi Arabia's strategic position includes a full-scale analysis of Saudi military forces, defense expenditures, arms imports, military modernization, readiness and war fighting capability. It examines both the cooperation and tension with other Southern Gulf States. It explores the implications of the conventional military build-up and creeping proliferation of weapons of mass destruction in the Gulf and the resulting changes in Saudi Arabia's security position. All of these factors have critical implications for stability within the Kingdom, within the Gulf, as well as in the broader global context.

Author : Anthony H. Cordesman
Publisher : Greenwood
ISBN 13 :
Total Pages : 620 pages
Book Rating : 4.66/5 ( download)

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Download or read book Saudi Arabia Enters the Twenty-first Century written by Anthony H. Cordesman and published by Greenwood. This book was released on 2003 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: Writing largely for an audience of U.S. foreign policy makers, Cordesman (Center for Strategic and International Studies) assesses the "strategic future" of Saudi Arabia. Political factors impacting external and internal stability are discussed, as are such issues as social and demographic trends, the structure of the economy, and the politics of oil. Cordesman makes a number of recommendations for political and economic reform, most of which seem to be based on the continuance of the status quo U.S.-Saudi political and military relationship, but purposely avoids overarching theories about the country. Because regional realities are currently under a state of rapid flux, updates to the work are said to be expected at the Center's Web site. A companion volume looks at military and state security issues. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).

Author : Anthony H. Cordesman
Publisher : Praeger
ISBN 13 : 027598091X
Total Pages : 0 pages
Book Rating : 4.17/5 ( download)

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Download or read book Saudi Arabia Enters the Twenty-First Century [2 Volumes] written by Anthony H. Cordesman and published by Praeger. This book was released on 2003-04-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Writing largely for an audience of U.S. foreign policy makers, Cordesman (Center for Strategic and International Studies) assesses the "strategic future" of Saudi Arabia. Political factors impacting external and internal stability are discussed, as are such issues as social and demographic trends, the structure of the economy, and the politics of oil. Cordesman makes a number of recommendations for political and economic reform, most of which seem to be based on the continuance of the status quo U.S.-Saudi political and military relationship, but purposely avoids overarching theories about the country. Because regional realities are currently under a state of rapid flux, updates to the work are said to be expected at the Center's Web site. A companion volume looks at military and state security issues. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).

Author : Hadeel Ibrahim AlzaidAlsharif
Publisher :
ISBN 13 : 9783969391112
Total Pages : pages
Book Rating : 4.13/5 ( download)

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Download or read book The Transition of Saudi Arabia from a Resource-based Economy to a Knowledge-based Economy written by Hadeel Ibrahim AlzaidAlsharif and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Mohamed A Ramady
Publisher : Springer Science & Business Media
ISBN 13 : 0387249354
Total Pages : 501 pages
Book Rating : 4.53/5 ( download)

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Download or read book The Saudi Arabian Economy written by Mohamed A Ramady and published by Springer Science & Business Media. This book was released on 2005-12-05 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this unique text, Mohamed Ramady develops a framework for studying fundamental challenges to the modern Saudi Arabian economy. Public and private sector topics include: - The hydrocarbon and minerals sector, including a new model of mining privatization and cooperation - The impact of small and medium sized businesses - The evolving role of "family" businesses - The growing role of women in the Saudi economy - Shifting trade patterns - The Saudi "offset" technology transfer program The author offers an analysis of key challenges facing the Saudi economy, including the potential costs and benefits of privatization, globalization, and eventual membership in the WTO. Employment, education, economic and social stability, and Saudi Arabia’s place in the Gulf Cooperation Council are offered as keys to the consensus building needed to ensure the Kingdom’s healthy economic future. Mohamed Ramady teaches in the Department of Finance and Economics, King Fahd University of Petroleum and Minerals.

Author : Tim Niblock
Publisher : Routledge
ISBN 13 : 1134088930
Total Pages : 331 pages
Book Rating : 4.35/5 ( download)

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Download or read book The Political Economy of Saudi Arabia written by Tim Niblock and published by Routledge. This book was released on 2007-11-13 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: With Saudi Arabia being of immense importance both politically and economically in the Middle East, this book provides a much needed, broad ranging survey of the development of the Saudi economy from the 1960s to the present day. Written by a highly reputable author, the book includes an analysis of how political and social factors have shaped policy, and how the Saudi state is coping with the dynamics of a rapidly changing economic and political situation.

Author : Paul Rivlin
Publisher : Cambridge University Press
ISBN 13 : 9780521719230
Total Pages : 0 pages
Book Rating : 4.32/5 ( download)

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Download or read book Arab Economies in the Twenty-First Century written by Paul Rivlin and published by Cambridge University Press. This book was released on 2009-02-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the relationship between demographic growth and economic development in eight Arab countries. Despite a slowdown in demographic growth, as a result of the change in the age structure of the population, the labor force is increasing rapidly. In other parts of the world, similar developments have enhanced economic growth. In the Arab world, however, many of the opportunities presented by demographic transition are being lost, resulting in serious threats to the political stability of the region. The main reason for this is that the region has missed out on industrialization. The book goes beyond conventional analysis to ask two closely related questions. The first is, why were governments so slow in tackling stability? The second is, why has the response been similar in apparently different economies? Answers are provided using new literature in economics and economic history.

Author : Paul Rivlin
Publisher : Cambridge University Press
ISBN 13 : 0521895006
Total Pages : 328 pages
Book Rating : 4.02/5 ( download)

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Download or read book Arab Economies in the Twenty-First Century written by Paul Rivlin and published by Cambridge University Press. This book was released on 2009-02-09 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the relationship between demographic growth and economic development in eight Arab countries. Despite a slowdown in demographic growth, as a result of the change in the age structure of the population, the labor force is increasing rapidly. In other parts of the world, similar developments have enhanced economic growth. In the Arab world, however, many of the opportunities presented by demographic transition are being lost, resulting in serious threats to the political stability of the region. The main reason for this is that the region has missed out on industrialization. The book goes beyond conventional analysis to ask two closely related questions. The first is, why were governments so slow in tackling stability? The second is, why has the response been similar in apparently different economies? Answers are provided using new literature in economics and economic history.

Author : Tim Niblock
Publisher : Routledge
ISBN 13 : 1317539966
Total Pages : 317 pages
Book Rating : 4.64/5 ( download)

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Download or read book State, Society and Economy in Saudi Arabia (RLE Saudi Arabia) written by Tim Niblock and published by Routledge. This book was released on 2015-02-20 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Saudi Arabia is one of the most important countries in the modern world. Not only does it possess some 25 per cent of the world’s proven oil reserves, it also plays a crucial role in the wider Gulf region where over 50 per cent of proven reserves are located. Developments in Saudi Arabia will inevitably affect the economic well-being of the Western industrialised world, Japan and much of the Third World. At the same time, Saudi Arabia is ruled in a traditional way by an all-powerful king and royal family, and is one of the key countries of Islam, the Holy City of Mecca being within the country’s boundaries. The inroad of modern Western forces into this traditional Islamic society is underlined by the fact that may key posts are filled with imported Western workers. This book, first published in 1982, containing contributions by the world’s leading Middle Eastern experts, provides a comprehensive overview of important social, political and economic developments in Saudi Arabia. The opening chapters consider the formation of the Saudi State, and the bulk of the book surveys key themes such as political opposition, the oil industry, energy policy, banking, external relations and the future direction of development.