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Economic development in Saudi Arabia [electronic resource] / Rodney Wilson, with Abdullah Al-Salamah ... [et al.].

By: Material type: TextTextSeries: Durham modern Middle East and Islamic world seriesPublication details: London ; New York : RoutledgeCurzon, 2004.Description: 1 online resource (xiv, 193 p.) : illISBN:
  • 9781136132742 (electronic bk.)
  • 1136132740 (electronic bk.)
Subject(s): Genre/Form: Additional physical formats: Print version:: Economic development in Saudi Arabia.DDC classification:
  • 330.9538 22
LOC classification:
  • HC415.33 .W55 2004eb
Other classification:
  • 83.30
Online resources:
Contents:
Introduction -- Which development paradigm? -- Government economic policy -- Oil, gas and petrochemicals -- The banking sector and financial markets -- International trade and GCC economic relations -- Employment issues -- Employment conditions in SABIC / Abdullah Al-Salamah -- The role of the private sector / Monica Malik -- The electricity industry / Ahmed Al-Rajhi.
Review: "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 two thirds 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."--BOOK JACKET.
Holdings
Item type Current library Collection Call number Status Date due Barcode Item holds
eBook eBook e-Library EBSCO Business Available
Total holds: 0

Includes bibliographical references (p. [178]-185) and index.

Introduction -- Which development paradigm? -- Government economic policy -- Oil, gas and petrochemicals -- The banking sector and financial markets -- International trade and GCC economic relations -- Employment issues -- Employment conditions in SABIC / Abdullah Al-Salamah -- The role of the private sector / Monica Malik -- The electricity industry / Ahmed Al-Rajhi.

"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 two thirds 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."--BOOK JACKET.

Description based on print version record.

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