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Economic Development in Saudi Arabia

By Ahmed Al Rajhi

Economic Development in Saudi Arabia Law

Economic Development in Saudi Arabia

By Ahmed Al Rajhi

0 - Default Title
Description
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.
Product details
Edition:
1
Number of Pages:
208
Release Date:
2004-02-01
Publication Date:
2003-11-20
Publisher:
Routledge
Languages:
Original: English
ISBN10:
0700717293
ISBN13:
9780700717293
GPSR Manufacturer Reference:
[email protected]
Weight:
482 g
Height:
161 cm
Width:
240 cm
Thickness:
16 cm
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