The Economy Of Saudi Arabia In The 21st Century

Download or read book Saudi Arabia Enters the Twenty-first Century: The military and international security dimensions written by Anthony H. Cordesman and published by Greenwood. This book was released on 2003 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Arab Economies in the Twenty-First Century written by Paul Rivlin and published by Cambridge University Press. This book was released on 2009-02-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Political Economy of Saudi Arabia written by Tim Niblock and published by Routledge. This book was released on 2007-11-13 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by a highly reputable author, this book provides a much needed, broad ranging survey of the development of the Saudi economy from the 1960s to the present day.

Download or read book Kings and Presidents written by Bruce Riedel and published by Brookings Institution Press. This book was released on 2019-03-12 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insider's account of the often-fraught U.S.-Saudi relationship Saudi Arabia and the United States have been partners since 1943, when President Roosevelt met with two future Saudi monarchs. Subsequent U.S. presidents have had direct relationships with those kings and their successors—setting the tone for a special partnership between an absolute monarchy with a unique Islamic identity and the world's most powerful democracy. Although based in large part on economic interests, the U.S.-Saudi relationship has rarely been smooth. Differences over Israel have caused friction since the early days, and ambiguities about Saudi involvement—or lack of it—in the September 11 terrorist attacks against the United States continue to haunt the relationship. Now, both countries have new, still-to be-tested leaders in President Trump and King Salman. Bruce Riedel for decades has followed these kings and presidents during his career at the CIA, the White House, and Brookings. This book offers an insider's account of the U.S.-Saudi relationship, with unique insights. Using declassified documents, memoirs by both Saudis and Americans, and eyewitness accounts, this book takes the reader inside the royal palaces, the holy cities, and the White House to gain an understanding of this complex partnership.

Download or read book The Saudi Arabian Economy written by Mohamed A Ramady and published by Springer Science & Business Media. This book was released on 2005-12-05 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Saudi Arabian Economy written by Mohamed A. Ramady and published by Springer Science & Business Media. This book was released on 2010-09-05 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Economy of Saudi Arabia in the 21st Century written by John Sfakianakis and published by Oxford University Press. This book was released on 2024-06-28 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.