PUBLIC POLICY IN THE SAUDI RENTIER STATE:: FROM BOOM TO BOOM, 1974-2005 - Softcover

Gibas, Cole

Softcover

ISBN 10: 3838362993 ISBN 13: 9783838362991

Verlag: LAP LAMBERT Academic Publishing, 2010

Inhaltsangabe

"Windfall profits" is a catch phrase often associated with the oil boom in Saudi Arabia during the 1970s. After prices fell and everyone saw how fragile their economy really was, ?blessing or curse?? became a catch phrase that followed. Development policy in the kingdom changed very little during the 1980s and early 1990s, until King Fahd had a stroke and Crown Prince Abdullah became de facto ruler in 1995 and began a process of economic liberalization, privatization, and increased integration with the countries from the Gulf Cooperation Council. Record oil prices during the 2000s once again brought the kingdom windfall profits. This work compares Saudi Arabian public policy when oil prices boomed during the 1970s with policies during the early 2000s. Looking at how, why, and to what extent they have changed their strategies between the two boom periods determine whether or not they are shedding the negative characteristics of a rentier economy or intensifying them. Has Saudi Arabia learned enough from the first boom to avoid making the same mistakes? Are the reforms they've made sufficient, or even in the right direction for sustainable economic growth?

Über diesen Titel

Über die Autorin bzw. den Autor

Cole Gibas studied at Hamline University in Minnesota, USA, and the American University in Cairo, Egypt. He currently lives in St. Paul, Minnesota and works in the medical technology industry.

Details zur Ausgabe

• Verlag: LAP LAMBERT Academic Publishing
• Erscheinungsdatum: 2010
• Sprache: Englisch
• ISBN 10: 3838362993
• ISBN 13: 9783838362991
• Einband: Taschenbuch
• Anzahl der Seiten: 128
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Fastbook Publishing; customerservice@vdm-vsg.de; ; Brivibas gatve 197; Riga; 1039; Lettland