Author: John Sfakianakis Publisher: Oxford University Press ISBN: 019886387X Category : Business & Economics Languages : en Pages : 465
Book Description
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: Jörg Matthias Determann Publisher: Bloomsbury Publishing ISBN: 0857729446 Category : Religion Languages : en Pages : 256
Book Description
Officials and religious scholars in the Gulf states have repeatedly banned the teaching of the theory of evolution because of its association with atheism. But Jorg Matthias Determann argues here that, despite official prohibition, research on biological evolution has flourished, due in large part to the development of academic and professional networks. This book traces these networks through the history of various branches of biology, including botany, conservation research, ornithology and palaeontology. Typical of rentier societies, some of the scientific networks in this region consist of vertical patron-client relationships. For example, those in power who are interested in wildlife conservation have been known to offer patronage to biologists working on desert ecology. However, just as important are the horizontal links between scientists both within the Gulf region and beyond. Given the strengths and importance of these two forms of professional networks, Determann argues that we should look at the Arab world as an area interconnected with global science, and therefore fully integrated into the scientific and technological advances being pioneered worldwide."
Author: Publisher: Soffer Publishing ISBN: Category : Languages : en Pages : 92