Economic Development in Saudi Arabia (Durham Modern Middle East and Islamic World Series)

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.

Wilson, Rodney

Malik, Monica

Al Rajhi, Ahmed

Al Salamah, Abdullah

Reference

Routledge

See the best price to sell, buy, or rent books by Al Rajhi, Ahmed. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Al Rajhi, Ahmed

See the best price to sell, buy, or rent books by Al Rajhi, Ahmed. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Economic Development in Saudi Arabia (Durham Modern Middle East and Islamic World Series)

Economic Development in Saudi Arabia (Durham Modern Middle East and Islamic World Series)