Overview
Broadest, most up-to-date text on the Saudi economy
Pays particular attention to sensitive structural social issues, finance and capital market development, technology transfer, the effect of gender issues on development, and globalization
Accessible to undergraduates
Pedagogy includes graphs; tables; end-of-chapter summaries, questions, and discussion points; chapter objectives; and discussion boxes
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Table of contents (15 chapters)
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The Setting
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The Development Process
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The Foreign Sector
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Conclusion
Keywords
About this book
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.
Reviews
 From the reviews:
"...an exciting book that weaves an interesting narrative of Saudi Arabia's economic reforms, achievements and challenges...a great tool to understand complexities of the modern [Saudi] economy and to chart a wise direction for years to come. It is meticulously done and very easy to follow." (Siraj Wahab, Arab News, November 2006)
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Bibliographic Information
Book Title: The Saudi Arabian Economy
Book Subtitle: Policies, Achievements, and Challenges
Authors: M. A. Ramady
DOI: https://doi.org/10.1007/b106381
Publisher: Springer New York, NY
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag US 2005
eBook ISBN: 978-0-387-24935-3Published: 05 December 2005
Edition Number: 1
Number of Pages: XVI, 496
Number of Illustrations: 106 b/w illustrations
Topics: Macroeconomics/Monetary Economics//Financial Economics, Development Economics, Regional/Spatial Science, International Economics