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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: 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: Anthony H. Cordesman Publisher: Greenwood ISBN: Category : History Languages : en Pages : 448
Book Description
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: Category : Business & Economics Languages : en Pages : 620
Book Description
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: 027598091X Category : Social Science Languages : en Pages : 0
Book Description
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: Paul Rivlin Publisher: Cambridge University Press ISBN: 9780521719230 Category : Business & Economics Languages : en Pages : 0
Book Description
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: Mohamed A Ramady Publisher: Springer Science & Business Media ISBN: 0387249354 Category : Business & Economics Languages : en Pages : 501
Book Description
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: 1134088930 Category : Business & Economics Languages : en Pages : 331
Book Description
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: 0521895006 Category : Business & Economics Languages : en Pages : 328
Book Description
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: Mohamed A. Ramady Publisher: Springer Science & Business Media ISBN: 1441959874 Category : Business & Economics Languages : en Pages : 516
Book Description
The Saudi Arabian economy has changed almost beyond recognition since the oil boom days of the 1980s, and the Kingdom itself has changed too economically, socially, and demographically. In the second edition of The Saudi Arabian Economy, Mohamed Ramady uses several overlapping themes to establish and develop a framework for studying the fundamental challenges to the Saudi economy. Particular attention is paid to the benefits of short-term planning and long-term diversification intended to shield the economy from potentially de-stabilizing oil price fluctuations and the pace and diversity of domestic reforms. The author examines the core strengths and evolution of various financial institutions and the Saudi stock market in the face of globalization, before analyzing the private sector in detail. Topics discussed include: • The hydrocarbon and minerals sector, including the emergence of the competitive petrochemical sector • The impact of small and medium sized businesses and the evolving role of “family” businesses • The growing role of women in the Saudi economy • The role of privatization and FDI as engines of change and the position of public-private-partnerships • The establishment of a foundation for a knowledge-based economy Finally, the author offers an analysis of the key challenges facing the Saudi economy, paying particular attention to the potential costs and benefits of globalization, and membership in the WTO. Employment, education, economic and social stability, and Saudi Arabia’s place in the Gulf Cooperation Council, as well as Saudi Arabia’s evolving strategic economic relations with China and other countries are offered as keys to the consensus building needed to ensure the Kingdom’s healthy economic future.
Author: John Sfakianakis
Author: John Sfakianakis
Author: Anthony H. Cordesman
Author: Anthony H. Cordesman![Saudi Arabia Enters the Twenty-First Century [2 Volumes] PDF](https://books.google.com/books/content/images/frontcover/NQzFEAAAQBAJ?fife=w80-h100)
Author: Anthony H. Cordesman
Author: Hadeel Ibrahim AlzaidAlsharif
Author: Paul Rivlin
Author: Mohamed A Ramady
Author: Tim Niblock
Author: Paul Rivlin
Author: Mohamed A. Ramady