Saudi Government Revenues and Expenditures - A Financial Crisis in the Making (Hardcover)

When Saudi Arabia was founded in 1932 it was one of the poorest countries in the world, relying on limited revenues from agriculture and pilgrimage. Today, Saudi Arabia's economy is heavily dependent on oil. Wealth derived from oil has transformed the Saudi society from a state of poverty to one of lavish consumption, by both government and individuals. A high rate of annual population growth, coupled with meagre natural resources, raises growing concern about the country's future. Are there alternative sources of income to replace oil as the major source of government income in the future?
This perfect storm raises the possibility of a potential government financial crisis, if things remain as they are. The crisis will be beyond the government's control and will lead to economic, political and social instability. In this important work, Aldukheil explains what needs to be done, what needs to be reformed, and even gives policy recommendations to prevent a crisis in Saudi Arabia.

General

Imprint:	Palgrave Macmillan
Country of origin:	United Kingdom
Release date:	November 2013
First published:	November 2013
Authors:	A. Al-Dukheil
Dimensions:	216 x 140 x 20mm (L x W x T)
Format:	Hardcover
Pages:	223
ISBN-13:	978-1-137-34602-5
Categories:	Books > Business & Economics > Economics > Economic forecasting Books > Business & Economics > Economics > Development economics Promotions
LSN:	1-137-34602-7
Barcode:	9781137346025

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!