Economic Development in Saudi Arabia is popular PDF and ePub book, written by Ahmed Al Rajhi in 2012-10-12, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Economic Development in Saudi Arabia can be Read Online from any device for your convenience.
Economic Development in Saudi Arabia Book PDF Summary
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.
Detail Book of Economic Development in Saudi Arabia PDF
- Author : Ahmed Al Rajhi
- Release : 12 October 2012
- Publisher : Routledge
- ISBN : 9781136132742
- Genre : Business & Economics
- Total Page : 209 pages
- Language : English
- PDF File Size : 19,8 Mb
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