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Books > Business & Economics > Economics > Macroeconomics
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The Saudi Arabian Economy - Policies, Achievements, and Challenges (Paperback, 2nd ed. 2010)
Loot Price: R3,190
Discovery Miles 31 900
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The Saudi Arabian Economy - Policies, Achievements, and Challenges (Paperback, 2nd ed. 2010)
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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.
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