Read more
This book is about Saudi Arabia's efforts to overhaul its economy and the numerous prospects and challenges it faces in doing so. As one of the world's leading oil producers, the outcomes of the most ambitious wave of reforms Saudi Arabia has ever undertaken will also provide valuable lessons for other oil-dependent and resource-based economies.
List of contents
- Introduction: The Epoch of Reform
- Part I. Stock Taking
- 1: John Sfakianakis and Zafiris Tzannatos: The Entropic Growth of the GCC Economies: Will Saudi Arabia be Different in the Future?
- 2: Bassam Fattouh: Saudi Oil Policy: Continuity and Change in the Era of the Energy Transition
- 3: Nabil Ben Ltaifa and Tim Callen: Fiscal Policy: The Past, the Present, and the Future
- 4: Rodney Wilson: Monetary Policy, Banking, and the Financial System
- 5: Karen E. Young: Saudi State Capitalism
- Part II. Economic Themes
- 6: Zafiris Tzannatos and John Sfakianakis: Decolonizing the GCC: The Case of the Labor Market in Saudi Arabia
- 7: Jumana Jamal Subhi Alaref: Understanding Social Protection Policy Reform and its Impact in Saudi Arabia
- 8: Aisha Al-Sarihi: Environment and Climate Change: Do they Synchronize with the Saudi Arabia Economy?
- 9: Kristin Diwan and Larry Fallin: The New Industries: Tourism and Entertainment in a Changing Saudi Arabia
- Part III. The Future
- 10: Mark C. Thompson and Neil Quilliam: Saudi Vision 2030: Repurposing Ministries and Creating New Institutions
- 11: Steffen Hertog: The Political Economy of Reforms under Vision 2030
- 12: Giacomo Luciani: Saudi Arabia: Beyond the Rentier State?
- Conclusion
About the author
John Sfakianakis is Senior Scholar at the Judge Business School and Pembroke College, University of Cambridge, and Chief Economist and Head of Research at the Gulf Research Center.
Summary
This book is about Saudi Arabia's efforts to overhaul its economy and the numerous prospects and challenges it faces in doing so. As one of the world's leading oil producers, the outcomes of the most ambitious wave of reforms Saudi Arabia has ever undertaken will also provide valuable lessons for other oil-dependent and resource-based economies.
